tntsunrise
Short

EURJPY BEARISH BUTTERFLY Pattern in 1H

FX:EURJPY   Euro Fx/Japanese Yen
11488 56 277
4 months ago
EURJPY             BEARISH BUTTERFLY
I just short this pari from 118.38
'
Butterfly normally gives the best
opportunity to trade the tops.

Attention:
This is a Counter Trend Trade,
For trend followers pls ignore
4 months ago
Comment:
snapshot

first target hit
tell me you did this trade
happy trading, happy results!
4 months ago
Comment:
snapshot
4 months ago
Comment:
snapshot

2nd Target Hit and I will leave my last position heading to the TP3.
4 months ago
Comment: Continue to drop. now is 114.57
4 months ago
Comment: now is 113.47
how many pips?
4 months ago
Trade closed: target reached: TP3 HIT.
Nice Profit, Nice Trade.
4 months ago
Comment: Almost 600 pips
Join Projack's Student Group, Learn How to Trade Professionally.
http://www.harmonicasia.com/index/course.html
Youtube:
https://www.youtube.com/playlist?list=PLN0GYK-_EO5Z3Xzp6Sk1bmfzckpkJ5NCx
FB: https://www.facebook.com/groups/projacksg/
norzensen
4 months ago
thanks for sharing the idea. i will igore since i like to trendtrade better and dont have time to keep an eye on this sell whole day so it is more dangerous than a buy right now for me.
Reply
tntsunrise TOP norzensen
4 months ago
good. it's ok to stick with your trade plan, although you missed this profitable trade.
+2 Reply
norzensen tntsunrise
4 months ago
arrrr and i bite my a$$ now as you can imagine. anyway: forex is about chances over chances to come... no need to chase every single one and be angry about a missed one.
+1 Reply
tntsunrise TOP norzensen
4 months ago
yes you are right. move to the next winning trade!
good luck!
Reply
LongBreak
4 months ago
as you say .. good one !
Reply
Ozayevable
4 months ago
nail in the coffin
+1 Reply
sakseeda007
4 months ago
Already hit 1st TP....GOOD JOB !!!
+1 Reply
AmjadBakir PRO
4 months ago
yes for me , great one
Reply
Qasimshahzadgt
4 months ago
yes dear i have this trade... good ...thanks. still waiting second tp
Reply
NunoNascimento
4 months ago
I did not by 5 pips!! what a great trade Jack. Congrats mate. Looking for rebounds to get in on the JPY pairs
Reply
sftrading
4 months ago
It scares me a bit how exactly you predict the market :) Thanks for the idea!!!
+3 Reply
jackalheming
4 months ago
Waiting for 2nd target,thanks!
+1 Reply
Good job, thanks for sharing.

Can you please also check GBPJPY chart?
Reply
tntsunrise TOP marjan.fx.1362
4 months ago
u dun trade both eurjpy and gbpjpy, correlation too high
Reply
marjan.fx.1362 PRO tntsunrise
4 months ago
right, no intention to do that.

Was wondering if there are good trade setup on GBPJPY
Reply
BOOgiiee
4 months ago
Care to share the approach of forming the butterfly picture. Trying to pick hw ppl drew it.
Reply
tntsunrise TOP BOOgiiee
4 months ago
Tks. it is not secret to draw harmonic patterns, but how to make the whole process: identify, predict, determine, execute is the key part that can convert the pattern into the real, profitable trade.
Reply
HaoJun
4 months ago
so TP 2 is it achiveable ?
Reply
jpctop
4 months ago
Hello,
I did not follow your butterfly, but very nice! Congratulations and thank you for these high quality recommandations :)
Reply
bunah2
4 months ago
Good Job Jack as always.
Reply
ReneK
4 months ago
snapshot

First target is good, but it is still a uptrend….
Reply
tntsunrise TOP ReneK
4 months ago
i wont say it is a uptrend. it's side way and make break down the consolidation zone.
Reply
SemenovIvan
4 months ago
You're trading Paterno. Do you remember the pattern WHITE SWAN how to trade? Please tell me if you know. Thank you
Reply
tntsunrise TOP SemenovIvan
4 months ago
Sorry about that, I dun know what is white swan pattern. invented by who?
Reply
norzensen tntsunrise
4 months ago
it s a shame. you should learn it! black daliah pattern, too ! Actually i could imagine what this "white swan" pattern looks like... white = green candle and some doji on top forming the swans head... blabla... after all it is all the same with different names
Reply
AduvukaGwehona
4 months ago
noted Jack
Reply
mchilado
4 months ago
Your trading and training style is very effective and commendable. Thanks for being a "realist" about FX trading and a humble person. More power to you!
Reply
gfknn5
4 months ago
noted Jack
i always beside you!
Reply
Tiberious
4 months ago
Do you believe EURJPY still has further to fall?
+1 Reply
tntsunrise TOP Tiberious
4 months ago
now u see it hits my TP2.
Reply
TanSY
4 months ago
Will the trend drop as predicted as 115.464? anyway, i had put TP in the value of 115.000. Let's wait and see.
Reply
tntsunrise TOP TanSY
4 months ago
how's ur trade? did you tp at 115.46?
+1 Reply
CezaryS
4 months ago
Do you have an idea Jack or somebody is it short term retrace or was something in Japan economy it goes up longer term?
Reply
aporco PRO
4 months ago
this is not a bfly
Reply
aporco PRO aporco
4 months ago
i am referring to the eurjpy post
Reply
Elvis.Deonarine aporco
4 months ago
i agree this came nowhere close to 127. that can only be a structure trade !!!!!
Reply
tntsunrise TOP Elvis.Deonarine
4 months ago
The fact is: My butterfly pattern is slightly different about the entry.
And I have done my back test, my butterfly settings is better than traditional butterfly pattern.
I definitely know the traditioanl BF is using XA's 1.27 Ext , but I just feel it will miss a lot of trade by using that.
Reply
Elvis.Deonarine tntsunrise
4 months ago
can you share your configuration ???
Reply
tntsunrise TOP Elvis.Deonarine
4 months ago
sry, i can't. only to my students
Reply
Gareth_Roberts tntsunrise
4 months ago
The butterfly pattern's C-D leg has to break the X-A leg, and although your method worked, it isn't a traditional butterfly pattern. Still a good set up though :)
Reply
tntsunrise TOP Gareth_Roberts
4 months ago
it's ok, no matter what kind of pattern, profitable is the key.
Reply
TAKAFX
4 months ago
https://www.tradingview.com/chart/EURJPY/YvhOJyk8-EURJPY/
EURJPY
Reply
tntsunrise TOP TAKAFX
4 months ago
good job
Reply
Elvis.Deonarine
4 months ago
There i no entry because the butterfly Pattern is not correct
IMO this trade would only be taken as a double top
snapshot
Reply
tntsunrise TOP Elvis.Deonarine
4 months ago
that's why my BF entered and yours didnt.
Reply
Gambit24
4 months ago
Won't this conflict with your UJ Idea?
Reply
Mr.Alias
4 months ago
you're beast !!
Reply
too perfect
Reply
Batman-oz
4 months ago
Hi Sir, very new to this web site, so far found it very good.
Your predictions are very accurate, not like some others on here. I have done some research on here to.
I personally entered this trade and made 100 pips, pulled out, as they say "bank it" or Book it" and then reentered then started loosing, got scared and pulled out with only making 40pips.
Do you have some help that you could lead me toward, either reading or video to help me to understand to wait?

Thank you in Advance, Anthony
Reply
Trueman23
4 months ago
great call as always...
nice job
Reply
l192ws
4 months ago
Level 114.550 buy?
Reply
vicky13
4 months ago
thanks sir
Reply
Dps
4 months ago
gr8 call Jack..
Reply
Dps
4 months ago
time to go LONG..?
Reply
UltraVC
4 months ago
Great job !
Reply
Batman-oz
4 months ago
Unfortunately i did not come across you in time for this trade but well done Sir Jack. SMTM
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out