FX:NZDUSD   New Zealand Dollar/U.S. Dollar
10719 43 226
3 months ago
Our Previous Trade
Hit Target One and then hit break-even
stop loss this morning due to the NZD's Central Bank's
Speaks.

However, 0.7338 is the Butterfly Entry
to sell NZDUSD             again.

I just Entered @ 0.7335
SL above 1.414 ext OR USE ATR
TP1: 0.7192
TP2: 0.7100
3 months ago
Comment: Be patient
dun be shaken out
3 months ago
Comment:
snapshot
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/
yoraedr4gon
3 months ago
Thanks Jack!
Reply
piptamil
3 months ago
Thank you Jack.
Reply
SiamSamuhatananon
3 months ago
thank you
Reply
pablo8
3 months ago
Thank you Jack ....... am IN ;)
Reply
Deitreider
3 months ago
I appreciate all that you are posting, but shouldn't the D point in a butterfly by 127% ext of X-A? At the moment I see your entry was at 127% ext of A-B. Maybe I have misunderstood something about harmonic patterns, but this seems an early entry.
Reply
Nappask Deitreider
3 months ago
You are 100% correct i also do not understand how he got this butterfly

Reply
Swerver Nappask
3 months ago
Yup, there is NOT a valid 5 point harmonic here (Not one that would be accepted under Scott Carney's rules) , however we have a valid AB=CD it seems and cause for reversal.
Its amazing how many comments say thanks and have got into a trade without verification themselves.
So many sheep here.
Reply
tntsunrise TOP Deitreider
3 months ago
I have explained many times. my Butterfly Pattern is different than the books. i am using 1.272 ext of ab, not XA
+1 Reply
Deitreider tntsunrise
3 months ago
Thank you for explaining again! Certainly your entry was spot on and gave a good move! Wish you all the best!
Reply
Calamity Deitreider
3 months ago
agreed
Reply
YACCINE
3 months ago
Thank you Jack,i'am in.
Reply
MM247
3 months ago
nice job thanks
Reply
indrajit.nag19
3 months ago
Thank you very much Sir. Excellent Judgement.
Reply
pipstrading
3 months ago
Hello Jack, I think butterfly should be 1.272 of XA? but your chart is 1.272 of AB leg instead
Reply
tntsunrise TOP pipstrading
3 months ago
yes that's my rule
+2 Reply
kunderko1989
3 months ago
Move AB should be the .786 retracement of move XA.
Move BC can be either .382 or .886 retracement of move AB.
If the retracement of move BC is .382 of move AB, then CD should be 1.618 extension of move BC. Consquently, if move BC is .886 of move AB, then CD should extend 2.618 of move BC.
CD should be 1.27 or 1.618 extension of move XA.


I agree with others, however my entry will be .7360-.7365
Reply
jonesrj kunderko1989
3 months ago
Jack has explained before that his trading system has less restrictions on the patterns which allows for more trades to be entered. He has studied his entry points and determined they are worth the risk, I tend to agree since most all his patterns posted here are proven to work. Just like this one appears after printing 4 candles.
Reply
happyluckydog
3 months ago

thanks, jack! you light up my trade.
Reply
happyluckydog happyluckydog
3 months ago
i am in 0.739. thanks.
Reply
happyluckydog happyluckydog
3 months ago
sorry s/b 0.7339
Reply
ForexSniper
3 months ago
good work
Reply
JustFeeDme
3 months ago
very nice work i can sell now?
Reply
kaysso
3 months ago
clever catch Jack , thx for your support
Reply
TradingExpert
3 months ago
jack what parameters do you use for your XD LEG
Reply
JQ8282
3 months ago
Great Job!! Will join your lesson once i have enough fund
Reply
WaveExpert
3 months ago
Good luck!
Reply
Batman-oz
3 months ago
Thank you Jack
Reply
tedvov
3 months ago
nice one Jack just got in in.. hope am not late for the party! thanks
+1 Reply
adam82
3 months ago
it will down be patient tq sir
Reply
I tkink is very Big Short now target 69,6
Reply
SebastianLandgren
3 months ago
how about the news? its little scary :)
Reply
YiZheDi
3 months ago
thanks jack
Reply
monsterbid29
3 months ago
jack may i know what should we do now? i entered@0.7296 but it keep increase, i just lost $ 34. T.T
Reply
Junwei_Sun
3 months ago
A big plan on NZDUSD


This is the image I found Thursday. So I think short target will be around 0.6825
Reply
leong801
3 months ago
almost hit tp1
thx for advise dun be shaken out...
Reply
tntsunrise TOP leong801
3 months ago
NICE
Reply
Batman-oz
3 months ago
Yes Jack, this train ride is very good to, I have 81 pips so far. Your on the Christmas card list now, lol Thank you Sir
Reply
tntsunrise TOP Batman-oz
3 months ago
lol. looks like u join the usdjpy and nzdusd train. good
+1 Reply
Batman-oz tntsunrise
3 months ago
Yes mate, a nice slow steam train. And im lovin it.
Reply
ThaddeusChen
3 months ago
Yes! not shaken out, n have took some profit on TP1. thank you very much Jack :)
Reply
Royal_Marq
3 months ago
How about AUDUSD? What do you think about this?
Reply
tntsunrise TOP Royal_Marq
3 months ago
same as NZD. they are brother pairs
Reply
Royal_Marq tntsunrise
3 months ago
Thanks! Because I took short position on AUD (6A) contract today @ .7561 My chart is telling to take short but could even understand the market pattern. Thanks for idea. Cheers!
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