Trading GBPUSD | Judas Swing Strategy 18/03/2025

61
Last week, the Judas Swing strategy only gave us 2 setups on AUDUSD, but both hit their targets, locking in a solid 4% gain! Proof that patience and discipline always win in the long run. After these results, we were eager to see how the strategy would perform this week. And sure enough, a setup emerged on GBPUSD on Tuesday! Let’s take you through how this trade played out

On Monday, we scanned our usual currency pairs (GBPUSD, AUDUSD, EURUSD, NZDUSD) for potential setups, but none met our criteria so we stayed on the sidelines. Then came Tuesday, and a promising setup started taking shape on $GBPUSD. That got us excited and we were eager to see how this trade would unfold!
snapshot

After liquidity was swept from the lows of our range, our focus shifted to potential buying opportunities. To confirm our bias, we needed to see a break of structure to the upside before committing to the trade. Twenty-five minutes later, we got a break of structure to the upside, confirming our bias. This move left behind a Fair Value Gap (FVG), signaling an inefficiency in pricing. We now anticipate a retracement to fill this imbalance once that happens, we'll be ready to enter the trade
snapshot

The next five minute candle entered and closed in the imbalance which meant we could execute our trade using 1% of our trading account and aiming for a 2% return, ensuring our winners outweigh our losers. With this strategy maintaining a win rate of around 50%, sticking to it consistently positions us for long-term profitability
snapshot

After executing the trade, we faced a deep drawdown, a moment where many traders who over-leverage might panic as price edged closer to the stop loss. But we remained unfazed. Why? Because we only risked what we could afford to lose, staying disciplined and accepting whatever outcome the trade would bring—win or lose.
snapshot

Upon checking the trade once again, we noticed price had turned around and begun moving in our intended direction which was good to see but the objective had not been met so we had to be patient and wait for the final outcome of the trade
snapshot

After 3 hours and 15 minutes, our GBPUSD trade finally hit take profit, securing a 2% gain so far this week, all from a well-managed 1% risk
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.