tntsunrise
Short

GBPJPY UPDATE: BAT Pattern to short

FX:GBPJPY   British Pound/Japanese Yen
9897 94 169
11 months ago
GBPJPY             UPDATE:
After Last week our Long Position
Profit result 800 pips
Now i am looking at 161.33 level
to short GBPJPY            
This is a Bearish Bat Pattern
SL should be above the X point
Two target:
157.63
155.34
11 months ago
Trade active: Shorted at 161.40
11 months ago
Comment: So fast, earned 90 pips already
11 months ago
Comment:
snapshot
11 months ago
Comment:
snapshot
11 months ago
Comment:
snapshot

First Target hit
Close half position
11 months ago
Comment:
snapshot

If you learnt how to trade Gartley Pattern and LIBRA patter.
You will catch the turning point.
11 months ago
Comment:
snapshot

going to hit TP2
10 months ago
Comment: NOW IS 155.00 TP2 HIT
+700PIPS
Join Projack's Student Group, Learn How to Trade Professionally.
http://www.harmonicasia.com/index/course.html
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Related Ideas

Rebounds

Sleuthy
11 months ago
Awesome Jack...I was hoping you might post something on your GBPJPY analysis. I definitely owe you a beer whenever you make your way to Canada.
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gcplau PRO Sleuthy
11 months ago
Sleuthy...what's the best treat in Canada...? That's what you owe Jack, I guess.... lol. No offense...just joking around
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Sleuthy gcplau
11 months ago
lol...no worries man...I have learned so much about pattern trading in the last few months after losing at the markets for years....I just I had seen his work earlier. As for gifts...we're pretty fond of our beer and wilderness where I'm at. I would definitely take him on a tour of Banff - and I promise not to talk about hockey lol.
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gcplau PRO Sleuthy
11 months ago
Great Sleu...cheers to that! Don't miss Jack's latest idea on GBPCAD, a BAT is on his radar and ready to fly...waiting for PA signal. What I will do is learn something from Jack, take some idea....execute carefully (sometimes you need manual adjustment and monitoring on H4, H1 when entry or exit is near...sometimes people said the suggested entry point did not hit...cos' they're not serious enough w/ the trade..can't expect someone to hold your hand for free while others also have work, life to live) Get some good money out of it, and enrol a course by Jack, strengthen the knowledge...and they will ferment and multiply from there... that's my 2 cents.
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Sleuthy gcplau
11 months ago
I agree. I was actually just looking at his website. Do you know if he will offer courses in English?
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Sleuthy Sleuthy
11 months ago
Found it...he does do English courses. Good news. I'll have to make some bigger trades first. Thanks gcplau. He is one of the few guys I would consider for a course.
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gcplau PRO Sleuthy
11 months ago
He told me once he'll have an English course in June, check this out or talk to him in PM directly. http://harmonicasia.com/pro-trader-course/
+1 Reply
gcplau PRO Sleuthy
11 months ago
Bigger trades? Gotta be careful! Jack only suggest 2% drawdown per trade, I think for the high RR ratio he practiced using harmonic trading, 2% is very good...and it seemed he's handling big trades and they don't risk more than 1%, 2%, but some in the field do use 5% drawdown...when any pro-trader mention 10% it's subject to challenge... U need to grab very good how money management works -- DD, Win Rate & R/R Ratio in order to be successful....google it and find some good mentors like Jack...
+1 Reply
tntsunrise TOP gcplau
11 months ago
your understanding is very good about trading
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gcplau PRO tntsunrise
11 months ago
Then I have to thanks for your generous sharing and guidance....
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tntsunrise TOP Sleuthy
11 months ago
Let's have a drink if i come to canada or you come to singapore.
+1 Reply
Sleuthy tntsunrise
11 months ago
Drinks are on me :)
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tntsunrise TOP Sleuthy
11 months ago
You man consider to use the profit you own to sign up my course in june
+1 Reply
gcplau PRO
11 months ago
Jack, comparing a bearish BAT at bottom and at top; will there be a difference to take the CD trade and D down trade? Initially I think CD trade is better than the D down, because CtoD trade seems to be faster and less volatility... that's my thought only. Can shine some light here?
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tntsunrise TOP gcplau
11 months ago
THE CD trade is doable due the 1h bat pattern
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tntsunrise TOP gcplau
11 months ago
If you can find any other reason to trade the CD leg , u can do so. and your the D point as the profit target
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gcplau PRO tntsunrise
11 months ago
Thanks and good to know it's considerable at least.
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Trendhopper
11 months ago
interesting, pull back due soon for 2nd wave but wont pull back much as GBP is now very bullish as chance of UK leaving EU is looking lower than previously according to the polls and betting websites...
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huying99999
11 months ago
Why is this a pessimistic bat pattern?
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Saravan
11 months ago
GBPJPY at an interesting zone for short but no confirmation yet.


I agree but need confirmation for short. Both USDJPY and GBPUSD are bullish now.
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HumphreyNR
11 months ago
Thanks Jack. I am pleased to be learning from you. looking forward to the course in June.
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tntsunrise TOP HumphreyNR
11 months ago
you are most welcome!
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Charles.Yang
11 months ago
waiting for PRZ.
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ananAh
11 months ago
i will sell 161.21 TB 157.83
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sanmed02
11 months ago
which frame are u using please?
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sanmed02
11 months ago
the B must close below 50% XA to be a true BAT pattern.
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tntsunrise TOP sanmed02
11 months ago
38.2% is also OK.
+1 Reply
sanmed02 tntsunrise
11 months ago
alright sir.
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zainhosting
11 months ago
Great Idea, but I will wait for the confirmation...
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WilliamsValera
11 months ago
wish you the best! cant wait to join your upcoming course.
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tntsunrise TOP WilliamsValera
11 months ago
welcome!
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WilliamsValera tntsunrise
11 months ago
jack it hit my SL should i go back in? TY
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AngerdX PRO
11 months ago
Thanks for this, i shorted a bit early on this at 161.71, going to be intresting to follow.
I got tons of learning to do that much is sure, so i´ll keep looking for tips like this.
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tntsunrise TOP AngerdX
11 months ago
remember, u can create your position by seperate order.
+1 Reply
AndresSigala
11 months ago
 
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AndresSigala AndresSigala
11 months ago
I posted privately and I dont know how to make it public.
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tntsunrise TOP AndresSigala
11 months ago
when u publish, at the right bottom coner, there is a lock button, unlock it you will publish public
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AndresSigala tntsunrise
11 months ago
thank you
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livethedream
11 months ago
Great call: I missed the initial entry but have gone short @ 16122 on the re-test. @B/E with +30 and ideally looking for hourly close below 16050 :)
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Tunghama1
11 months ago
Hello Jack, Is the short position for this pair still viable?
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sanmed02 Tunghama1
11 months ago
yeah! it's ...
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Tunghama1 sanmed02
11 months ago
Thanks sanmed02
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andreweva1
11 months ago
Hi Jack Great work as always. Is the TP1 and TP2 still the same as the original post
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Miz andreweva1
11 months ago
Not looking too great
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tntsunrise TOP Miz
11 months ago
dun be scarred by market move. whether it looks good doesnt matter, what matter is whether it is going to hit TP or hit SL
+1 Reply
Miz tntsunrise
11 months ago
thanks for the confidence jack, I have sl set at 161.823 (just above the x)
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bunah2
11 months ago
Hi Jack,
GBPJPY still pushing up, no weakness yet. Price can not close below 160.49

What do you think?
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jafbash786 bunah2
11 months ago
yh its not looking good this pull back might not come
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bunah2 jafbash786
11 months ago
Jack, Look at it now, It is dropping without me. I exit my trade, :-(
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TntAlex
11 months ago
Nila 3la El afkar El khara, enta sabab khrougy men el souq
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livethedream
11 months ago
Hi Jack price has surpassed the posted entry levels and x price...stand aside?
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christom
11 months ago
Hi, I could see one more BAT in the recent PA. ;)
Short Term and Mid  Term BAT Patters
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NunoNascimento
11 months ago
Waiting for 1.618 ext at 162.746 to enter short. Bear divergence at RSI 240M. Almost there
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MALIK123
11 months ago
i already entered as a short from 160.4 what can i do now ? Thanks .
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sanmed02
11 months ago
its not valid anymore, the point D exceed the XA leg !:
+1 Reply
tntsunrise TOP sanmed02
11 months ago
you understand wronlgy. It is the X A B C 4 points to measure whether it is valide or not. not D. D is the entry level. It's possible that D point may exceed the X point.
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Equal PRO tntsunrise
11 months ago
Did you enter at SL point ?
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tntsunrise TOP Equal
11 months ago
Above the X point.
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Equal PRO tntsunrise
11 months ago
"SL should be above the X point"
So you enter at SL point
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tntsunrise TOP Equal
11 months ago
what does the word "ABOVE" mean?
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Equal PRO tntsunrise
11 months ago
I just want to say you have ideal enteries on your charts. And sometime they going from SL points.
I took long after you post this idea and i hit TP on SL point.
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tntsunrise TOP Equal
11 months ago
you are smart. that is the way.
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tntsunrise TOP sanmed02
11 months ago
as long as XABC meets the requirement, then the pattern is valid. a valid pattern will come as two result: lose or win.
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sanmed02 tntsunrise
11 months ago
I had this trade on mind I set the SL just above the X. but my SL got hitted :/
+1 Reply
tntsunrise TOP sanmed02
11 months ago
need to added some breathign room for this pair. the ATR is 100 piips already.
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sanmed02 tntsunrise
11 months ago
can you give a look to my gbpusd analysis chart
gbpusd

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tntsunrise TOP sanmed02
11 months ago
LOOKS GOOD
+1 Reply
sanmed02 tntsunrise
11 months ago
I am waiting for the breaking out the next structure, if its happens then will short .
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drleonidas
11 months ago
look at the charts now. Jack was right!
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capo2350 PRO
11 months ago
is it ok to enter right now going short?
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tntsunrise TOP capo2350
11 months ago
no. buy low sell high. u short now u are not selling high
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drleonidas tntsunrise
11 months ago
do we still hang on till 157.5?
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tntsunrise TOP drleonidas
11 months ago
can tp half already.
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drleonidas tntsunrise
11 months ago
thanks jack! your read on this was awesome! Luckily I hung in there all the way to the end and I set a higher SL haha
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mchilado
11 months ago
Great call on the short even if I missed the long! Thanks Jack!
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tntsunrise TOP mchilado
11 months ago
tks
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vava
11 months ago
Yes!!!!!amazing!!!thank you!!!
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capo2350 PRO
11 months ago
Thank you
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akrmelo10
11 months ago
GBPJPY

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ernstschwarz
11 months ago
very nice! i missed it...
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livethedream
11 months ago
Got stopped at B/E two days ago but really glad it worked out.. I clearly need a bigger stop or sell highest point...but well done Jack!
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tntsunrise TOP livethedream
11 months ago
actually yesterday there is a Short opportunity to enter, a Pin bar
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livethedream tntsunrise
11 months ago
I know...and double top (high) was a great entry with small stop loss. Still learning to trust the set ups but have been impressed as can see when they work ...they work well :) and therefore risk/reward is good too.
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FaresKhaled tntsunrise
11 months ago
wellcome sir im new in forx mareket and i well lean fror u the good anylis for chart to read good i hope that thx for u
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FaresKhaled FaresKhaled
11 months ago
good mooring sir u are very good chat and analiyes
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HumphreyNR
11 months ago
Wow... Finally! Thanks Jack
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Jon88
11 months ago
What a good day to start Jack. Big win early in the morning! Thanks for the insights!
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tntsunrise TOP Jon88
11 months ago
congrats!
+1 Reply
akrmelo10
11 months ago
UP Channel

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Germaine_Mills
10 months ago
Damn i wish i had seen this last week
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quantafund1979
10 months ago
thumb up
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mchilado
10 months ago
Hello Jack! Will there be another long opportunity coming? Thanks.
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tntsunrise TOP mchilado
10 months ago
yes possible. will publish idea if i want to long
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mchilado tntsunrise
10 months ago
Thanks again!
Reply
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