tntsunrise
Long

USDJPY GOOD PLACE TO BUY AGAIN

FX:USDJPY   U.S. Dollar/Japanese Yen
28397 117 382
USDJPY             GOOD PLACE TO BUY AGAIN

Wait for price to test 101.64
and long

for the trend-line retest and also 0.618 retest

The upside potential is huge
Comment:
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Comment: OUR SHORT POSITION DOING NICELY
Comment: Looks like it is going to break the high.
Short position was stopped out and my suggestion is do not chase the price.
so just watch this pair first.
Comment:
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Slight adustment
Trade active: Bought at 101.80
Comment: Now is 103.30, in profit for 150 pips
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Comment:
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now is 104.90, 300 pips
Comment: NOW Is 105.70 , almost 400 pips. breaks previous high.
any one who trade this will have very big profit.
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Use this chart as profit taking levels.
Guys now is 108.00
how many pips? did u enjoy this trade?
Comment:
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Comment: Now is 112.66, the long position from 111.35 earned 130 pips again
Comment:
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Comment: This is a 1300 pips trade.
Ready to take all profit at 115.51
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Comment:
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Trade closed: target reached:
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Take all profit at 118
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looks so goood
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I also shorting on nzdjpy... But in my long term opinion jpy is going bearish and dxy is bullish
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Not interested in the 100 pip potential on the downslope?
+3 Reply
nhlevi PRO krall26
It's not that certain I'd say. But if it goes for the retest then it will launch and fly
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Hi. May i ask why you think it will go up and not sideways? It was downtrend and it failed to make a new high. Thanks.
+8 Reply
good job how can i join the couse
+2 Reply
HI, Thank you for sharing the view with us. Appreciate it.
It might be the case that the pair might turn up a bit sooner. Please see my view.
http://screencast.com/t/aQmOi9eUJQ
+1 Reply
thanks jack.

I check the monthly chart. I think usdjpy will break 104 to 106 after retest lower next week may be 101.50 (round number) or 101 depending situation.

Also QQE is going to start in Japan.

Thus a huge chance of profit may be possible to long.

Anyway thanks again. Master Jack.
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https://www.tradingview.com/chart/NrcSzXMr/
Totally agree Jack
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very good expectation - I had published same idea today -- thank you
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So is it the same strategy for other XXXJPY pairs? wait for the retest? thanks.
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So it means i need to buy usd to jpy perhaps till 14 october am i understanding it right sorry i am.new..
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Daniel.T SebastianTarlach
No you don't understand it right. You should first learn the basics before going trading. It's not that easy.
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I have no time I need to make it easy

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Yep, get ready to buy. I am betting a lot on this move up. My stop will be in hell.
+1 Reply
Batman-oz Rocketman
Are we both going to hell brother, lol
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Rocketman PRO Batman-oz
Well, our long from 100ish took out a bank and its clients at 102.00; so, maybe we are now. hehe.. heaven on Earth...hell later; but hell you THEM now. Which is better, a fleeting promise that will never materialize or what is now? lol.. yeah baby!!
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Batman-oz Rocketman
A bit wary this week, got caught in the GBP loss, but then again thats the poms. This is a good pair for me
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I dont agree because price did not make ahigher high and the candle is bearish engulfing . There is a weak support down there needs to be breaking
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Nice post.
I have a potential Bat pattern forming in the direction of your post, so lets hope it works out.
Thanks for your post Jack, have missed your weekly review on YouTube as I gained a lot of great insight.
snapshot
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Any chance your tutorial videos will be in English?
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tntsunrise TOP Chrisdiles
search projack in youtube
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agree with you on the long term bullish view on this pair. there is bullish BAT in Weekly chart.
USDJPY, W Chart, Bullish BAT

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gcplau PRO pipstrading
Is it true that M at top has lower probability than W at top?
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are u comparing M at top v.s. W at bottom? the chart I posted is about harmonics, not trading the double tops or double bottoms pattern.
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gcplau PRO pipstrading
I just make a quick name...."M at top" : I am referring to bullish Harmonic at top; while W at top: I'm referring to bearish Harmonic....I thought you knew what I mean.
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sorry, misunderstood your questions. good point. that might be taken into consideration. However, if you look at this pair since 1998, the current 100 level is actually retesting the red dotted trend line after the breakout in 2014. it is not so "top" in history. what do you think?
https://www.tradingview.com/chart/1lgiRNzD/
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sorry I posted the wrong link. the right one should be this:
USDJPY, long term view, retest and call for a bull run?

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gcplau PRO pipstrading
I'm no expert my friend. But from looking at the chart above, I tend to see the support hold; that's technical. Fundamentally, I see Yen down. 100 is an interesting pivot to me. If USDJPY retrace 61.8% may surprise quite some techies I guess....lol
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TheWave pipstrading
Any YEN updates?
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Look good! but wait to 101.7
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Yes i shorted this, this morning.
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Is it now to buy what date till when I though to wait till price reach 101.500 and than buy...
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I would have only one observation to that chart, perhaps it will help all of you: the blue line is not a valid trend line => the breakout is not a valid breakout => there is a good possibility for another impulse down after the flat correction is over, which, in case of going long at the yellow quadrant you showed, will go further down and pull the SL. Remember, we are speaking about trading, so everything is possible, but for some setups the possibilities are higher then for others... take good care taking this trade if you take it anyway!
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jamstock Koryphaeen
why is the blue line not a valid trend line? it's been trending along that line for months now.
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a picture is worth a thousand words, right? this is a possible outcome worth watching for, anyway much more probable than the one with the invalid trend line, hope it helps:
snapshot
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So, if you entered short on this one, as Jack showed us, most likely you are now stopped out, since SL should have been above the top that just broke... that, supposedly, when you have a SL set (many do not have, those are the suicidal traders = account wipeouters = black statistics material in trading)... I would have been interested to see how is doing this short trade so well, where are the stops?
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The morale of this happening, briefly: trading reversals/counter trending, without any confirmation strategy to be sure that the PA really turned is a very risky business, eventually leading to account wipe out, in every case. And, the tragic-comedy part of it is that when you are eventually stopped out, PA will continue slightly more, just a little bit, and then turn in your initial direction, in your favor, but than it's too late for you...you are already out, biting your nails. That is when you completely ignore the normal behavior of structures.
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4hr Double Top Forming?
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touch the wood, Jack
lol
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good job!
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Thanks a million pro jack :)
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Any updates on this trade? This is going up...
+1 Reply
Are you stop your short position ?
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who jack? He never replies back, so dont wait fir update
+1 Reply
tntsunrise TOP TheBossHoss
please don't expect me stay the same time zone with you. I already updated.
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@tntsunrise, dont worry about it jack! your help is always great :D
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yest stopped. break new high.
+1 Reply
watsonzou26 tntsunrise
Thanks, Jack.
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Teddy tntsunrise
Thak you Jack.
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TheWave tntsunrise
We are back over 104 again. Perhaps another move towards 105...? Either this last move under 104 was a buy opportunity or this new move above 104 is another short opportunity
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Thank you Jack for the Update
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Jack will the structure work given the election results? Trump is leading and he is known as the dollar crasher...
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did it work?
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hush320 tntsunrise
Yes Jack it did like a magic. Thank you for the post and update.
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:)
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Wow, Jack, you are my hero.
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It is likely Trump will win. USD may have another round of heavy selling when Europe opens. I think it is too early to long USD.
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@wkcham, and IT happened in reverse way
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bad trade uj will fall like shit
+1 Reply
FawadJawed Gbprider
agree
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FawadJawed FawadJawed
going to hit SL
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good trade i win 150 pips.
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livethedream tntsunrise
@tntsunrise, congrats
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watsonzou26 tntsunrise
@tntsunrise, Definitely the best trader here.
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SreveGhae tntsunrise
@tntsunrise, the best
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@Gbprider, Now is 115.50. I hope u joined this BAD TRADE
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That is in my eyes not so good. Sorry... is rather going direction 98!!!
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if it is going to 98. where is ur entry? dun guess the market, trade it.
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@pete_hef, still thinking 98?
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meepstone tntsunrise
@tntsunrise, You called it right. Wish I didn't get in a little late!
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pete_hef tntsunrise
@tntsunrise, YES - I THOUGHT it! I did not trade during or shortly after election! Technical analysys ist worthless at this point - but that shouldnt be a secret.
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re-entered at 102!
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Hi Jack, Thank you so very much for your guidance. Do you think is it a good idea to go long now or wait for it to add around 104.580's
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Hey man, Thank you so much for your professional work. I would like to know whats the TP point , the trend passed 105.360.
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106
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BDubair tntsunrise
@tntsunrise, Thanks you so much, i really appreciated
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if i wanna trade it now .. where i should put my s.l point ??
+4 Reply
Dramatically, now it backs to high top again, even more. people who sell it yesterday and buy it today can earn Double:). should say thanks uncle trump :D
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yax22 yax22
@yax22, as say in chinese, it just like GuoShanChe :)
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Hi, Jack. Would you take profit @108.8 or u already take some profit after trendline break?
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Chief, i have seen your closed trades with very very big size, but with very small profit ... same like scalping. Do you seriously manage to hold these trades back ( might be by other accounts ) ?
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tntsunrise TOP ntt1411983
@ntt1411983, there is accout for intraday. there is also an account for swing trade.
+2 Reply
Dear sir usd/jpy Market is now going down... please tell me this time good for buy or sell trade?
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750 pips !! holding from Sept.
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piptamil Juliuszen
@Juliuszen, Great...wishes.
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are you enjoying this trade jack?
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@tntsunrise
as you said in USD Index it may go to 99 level that mean USD/JPY should be sell to 105 or 107 level?
Thank you in advance!
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tntsunrise TOP prshivanefx
@prshivanefx, yes possible
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prshivanefx tntsunrise
@tntsunrise, Thank you for your reply Sir!
As your latest update on USD/JPY 111.35 is a good buy for target around 115.50.
So is it wise to wait hold our buy US/JP from 111.35 or wait for USD/JPY to correct to 105-107.50 level along with USD Index to 99 level?

Thank you in advance!!!!
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tntsunrise TOP prshivanefx
@prshivanefx, that is different time frame trade
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prshivanefx tntsunrise
@tntsunrise, I see , thank you for your reply!
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Hi Jack. Price visited 111.35 already (ca 7 hours ago). Just to be clear, seeing you posted after that are you hoping price will return there and then buy? Or did you actually post before then and there's a delay here in seeing it maybe?
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@Marvin, i published video 16 hour ago. so if you go to youtube u will see that when i publish the price didnt touch yet
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Marvin tntsunrise
@tntsunrise, Ok then it's too late now then, unless we get a retrace of course. Interesting that GBPJPY is continuing to drop. I am in a sell there and was/am cocerened that it may start to rise since UJ is going up. Thanks Jack. Always watching for your new trades and updates. All the best.
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hey,jack! I can't watch the youtube in China,so i cant follow your ideas in time like this USDJPY. could you please post the ideas on the web as well as possible?!
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tntsunrise TOP vincentlee3
@vincentlee3, if you are in china, u can join my QQ group. that is in my homepage
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vincentlee3 tntsunrise
@tntsunrise, hey jack! i apply to your QQ group,but still cant join, please approve
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awesome, It couldn't believe that.
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Hi Jack, your mantra is buy low, sell high. Are we in a sell high scenario. Has the trade run it's course and is about to turn or does it still have more room to run? Thanx
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snapshot
115.5 is the high
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kidbroge tntsunrise
@tntsunrise, I see, that 61 fib line is key for you. You keep repeating it and I need to remember it. Thanx Jack You da Man.
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@kidbroge, YES
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prshivanefx tntsunrise
@tntsunrise, I'm sorry but when I fallow your USD index chart and US/JP pair chart it contradicts to each other, maybe I'm wrong and confused. both chart a different time frame but if you saying don't chase Dollar index it may go to 99 then how come still US/JP will reach 115.5?

If possible please educate me on the same...

Thank you in advance!!!
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tntsunrise TOP prshivanefx
@prshivanefx, very easy. DXY is making all time high. but where is USDJPY? is usdjpy at 125?
+1 Reply
prshivanefx tntsunrise
@tntsunrise thank you for reply sir!
But now I'm even more surprised to see your latest updated chart 1 hr. back..
Now you predict it's going to retest 101.64!!!

I don't understand how you do that (going against market when no one predicted Trump may win and you predict it will go 115.54 which is 99.99% correct and now when everyone in big euphoria in market you are predicting it to reach101.64) Respect sir !!!

If possible, could you please explain how you see it going 101.64 and why not 125 ? And according to price action should short it to 101.64 then long again ?


Thank you from Tokyo...

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prshivanefx prshivanefx
@tntsunrise I think I misunderstood your latest update it's not going 101.64.
Could you please update your view on this pair future action?
Thank you in advance!
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perfect
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Going back and looking at previous posts and this one is amazing. Thank you for everything you share!
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Very good call, Jack! Margaux.
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@tntsunrise , what you see the next move sir?
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I collected in total 880 pips in this trade, very very happy, thank you Jack
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Excellent work .
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Looks great but we are a long ways away from those levels. Im waiting for higher highs to short it. Congrats on the win!
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This is awesome signal sir.. waiting for your new signal sir...
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Wow, very nice trade, 3:1 trade, Thanks jack u r the best
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