GBPJPY LONG - Daily Signal

Look at where it is! You know the deal...
Buy it up! (Watch out for the Stop Hunt!)

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Ought to be good for 200 pips.

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If you're not Long, you're wrong!

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Just what do you think is gonna happen here?!...

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There is still time!!...

One will probably never have cheaper stops (low risk entry) than right here.

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Here is something else suggesting that this was likely a good Long entry there;

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...and here is that same USDJPY 2hr. chart - as above - 2 hours later

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You are BUYing this, right?!

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Obviously, still massively LONG here,

sitting on +40 pips profit, so far.

Trade closed manually:

@136.08, expecting it to retest @135.80 - where it will be a BUY, once again.

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Trade active:

LONG

Buy it up!

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Anyone who believes the USDJPY is going anywhere here...

... (but UP, for now!) is delusional!
This is what a massive Stop Hunt looks like, just as it is finished!

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... which makes the GBPJPY essentially a long GBPUSD but may be with a tad more milage?...

Trade closed: stop reached:

We are stopped out here for -12 pips. It's a wait-and-see for now...

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Just pointing out the obvious here;

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We've been Trading here;
AUDJPY

... here; AUDUSD

... and here;
Nasdaq100
www.tradingview.com/...rading-Guide-Hourly/
... for a good 24 hours, by now.

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USDJPY - Speculative Net Long positioning (COT) is steadily increasing (...while having increased, last week.)

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We are perched here, in this Active Post, for now;

... most likely for the better part of the week.

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================= September 28, 2020 ----------------------------------------->
Weekly ACTIVE POST
Weekly Market Focus 09-28: S&P500, WTI Crude, OJ, EUR, AUD, JPY

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Here is the current post