tntsunrise
Long

USDJPY 4H Gartley Pattern

FX:USDJPY   U.S. Dollar/Japanese Yen
18781 85 317
2 months ago
USDJPY             4H Gartley Pattern
may give us a nother good entry to buy USDJPY            
from the low.

Harmonic Pattern's Logic is simple:

If you want to long, buy the low.
if you want to short, sell the high.

so let's wathch the 100.56-100.60 area.

If you are new to harmonic pattern , please
do not take this idea as a short idea.
we trade after the D, not the CD leg.

Plan your trade, Trade your plan.
I am glad that my SPX500             idea was one of the
most agreed ideas for the past month.
I will keep publishing ideas here and hopefully more
and more people could realize how important
that trading logic is before you really risk your
real money.

2 months ago
Comment:
snapshot
2 months ago
Trade active: Bought at 100.56 after FOMC meeting
2 months ago
Comment:
snapshot

AB=CD also completed
2 months ago
Comment: now is 101.47 are u still in the trade? :)
2 months ago
Comment:
snapshot

First Target Hit
2 months ago
Comment: NOW IS 103.50, TP2 HIT , BAL position B.E. now become risk free.
2 months ago
Comment: +300 pips
Join Projack's Student Group, Learn How to Trade Professionally.
http://www.harmonicasia.com/index/course.html
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Rebounds

Abozahra PRO
2 months ago
Thx Jack!

You are doing a great job!
Reply
Pip-Trader
2 months ago
Great, thanks
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TWFX
2 months ago
*this is not a short* but we will still see those comments complaining that the price didn't drop haha
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SpadeFX PRO TWFX
2 months ago
Not yet, but could very well be?
snapshot
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tntsunrise TOP SpadeFX
2 months ago
maybe
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Batman-oz
2 months ago
Thanks Jack
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alven84
2 months ago
Thx Jack!
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ghostmtrading
2 months ago
Jack how do you calculate your stop on pattern?
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tntsunrise TOP ghostmtrading
2 months ago
standard. below X
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ghostmtrading tntsunrise
2 months ago
Yes, but with the 1.13 ext of the XA leg or something like 10 pips below X ?
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tntsunrise TOP ghostmtrading
2 months ago
depends on the timeframe
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ghostmtrading tntsunrise
2 months ago
Thanks!!
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RuhailKhan ghostmtrading
2 months ago
if volume increased strategy will be wrong. am i right Sir tntsunrise.
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Dguaman
2 months ago
Thanks ;)
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ChandanaHerath
2 months ago
Many thanks for sharing Jack.
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santoroma
2 months ago
snapshot


its possibile short now usdcad?
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tntsunrise TOP santoroma
2 months ago
can try.
+1 Reply
santoroma tntsunrise
2 months ago
thanks jack you are n1
Reply
HumairDawood santoroma
2 months ago
In news it says USD is weak this week but we have to wait till it creates double top. Price action and volume is important.
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santoroma HumairDawood
2 months ago
usd weak and create double top?
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HumairDawood santoroma
2 months ago
retrace more like (y)
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santoroma HumairDawood
2 months ago
you talk about usd jpy or usdcad?
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HumairDawood santoroma
2 months ago
USDCAD
Reply
Dguaman
2 months ago
Maybe 101.70 is enough :)

snapshot

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tntsunrise TOP Dguaman
2 months ago
could be. the trend line looks nice
+2 Reply
Dguaman tntsunrise
2 months ago
Thank you Sir. learned from you ;) !
Reply
ieducswesps
2 months ago

Thank you Jack
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VusalMammadov
2 months ago
nice done Jack.
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i' m long too 101.95
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elbistan
2 months ago
Thank you Jack.
Reply
watsonzou26
2 months ago
Thanks, Jack.
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33788 PRO
2 months ago
On point! Good job.
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edgesd
2 months ago
Hi, I have a screen shot to add to your Hypothesis. There's no option to add a link/pic?
Reply
ELENAV PRO edgesd
2 months ago
Im sorry, but I have a different analysis
USDJPY
Reply
tntsunrise TOP ELENAV
2 months ago
you are using harmonic patterns to trade the CD leg. but that is not the correct way to use.
The logic is here:
Harmonic patterns works well after D point.
Harmonic pattern not really works for the potential CD leg as the pattern may not complete at all.
Reply
ELENAV PRO tntsunrise
2 months ago
ok, thanks
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Swerver tntsunrise
2 months ago
There is kind of a caveat to that Jack.
In this case it is not, but at the 50% Level of the proposed D completion, there is a HSI trigger trade as Scott explains in the Harmonic Trader VOL2

There is a little more too it obviously, but essentially there is a correct trade for a portion on the C-D leg, just not in this case.

Thanks for your ideas.
Reply
RuhailKhan tntsunrise
2 months ago
This is my point of view after XA and AB ratios we can make projection and trade. i can be wrong but i am working on it to make indicator.
Reply
tntsunrise TOP edgesd
2 months ago
press the caemra button and copy the link to here
Reply
Forextrader147 tntsunrise
2 months ago
tntsunrise, you are very intelligent and have very easily to interpret the chart, you are very good in what you do, thank you for your collaboration and knowledge gained
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tntsunrise TOP Forextrader147
2 months ago
welcome!
Reply
imdbesttrader
2 months ago
USDJPY - Head and Shoulders Pattern in making- Short is the call
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andresvm
2 months ago
Hi do you thank its a good time to close or are you still happy to let it run.
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tntsunrise TOP andresvm
2 months ago
close what? this trade no entry yet
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andresvm tntsunrise
2 months ago
Sorry buddy, wrong chart, was in Gold... Thanks a lot for your ideas, always with smart trades!
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Qasimshahzadgt
2 months ago
which point is best for sell ?
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tntsunrise TOP Qasimshahzadgt
2 months ago
see the chart.
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harising13
2 months ago
hi is the bearish gartley at 103.54 here..
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tntsunrise TOP harising13
2 months ago
yes
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harising13 tntsunrise
2 months ago
Tx bro.
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trungle83 PRO
2 months ago
Hi Jack,
Do you use the fib 1.272 extension to verify your bearish gartley for the C to D leg? So far i have a bullish gartley and an bearish AB=CD. Would appreciate your feedback.
Thanks for your help.
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tntsunrise TOP trungle83
2 months ago
this is the bullish gartley pattern
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KhunHunSein
2 months ago
thank, let wait price action in this level around 103.500
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elbistan
2 months ago
Thank you Jack
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Bob_B_Northman
2 months ago
Good setup!
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fatkumo
2 months ago
What retracement level is your point C please?
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MindTrader
2 months ago
USDJPY
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tntsunrise TOP MindTrader
2 months ago
nice cypher
Reply
MindTrader tntsunrise
2 months ago
Thanks Master really appreciated.
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Dguaman
2 months ago
We are getting closer...
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janne0536
2 months ago
hi, where would u have sl in this ?
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kayrules janne0536
2 months ago
normally sl for harmonic pattern would be on 100% fibo level which marked by jack as 99.539.
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Goldmouse22 kayrules
2 months ago
yup
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janne0536 kayrules
2 months ago
thanks for comment. i realise i need to see his videos to understand HP :)
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judderod
2 months ago
Thanks for the update Jack. Hammer/Hanging man candles with high volume on the 15m chart at this level suggests buyers have entered. So I have too :)
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judderod judderod
2 months ago
A little early, but 886 and previous lo have held so far
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Windcastle2
2 months ago
Jack thanks. The risk reward must look great here.
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Batman-oz
2 months ago
Thanks Jack, the Meeting was nothing, which we all hoped. Only 12% thought it would move. Thanks for your guidance.
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gfknn5
2 months ago
you changed your photo ?

looks young and smart!
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tntsunrise TOP gfknn5
2 months ago
thank you !
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waterman
2 months ago
Thank you Jack for the gartely
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MindTrader
2 months ago
USDJPY
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ChandanaHerath
2 months ago
Thanks Jack. The risk reward ratio is very impressive.
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Dguaman
2 months ago
Some TG in mind? :D thanks
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tntsunrise TOP Dguaman
2 months ago
Standard TP for harmonic ptterns
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Dguaman tntsunrise
2 months ago
(y)
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Batman-oz
2 months ago
Thank you Jack
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AlMak
2 months ago
I'm with you.
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Batman-oz
2 months ago
Yep
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remi.cartier
2 months ago
yep, still in !
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johnmad PRO
2 months ago
Hi Jack ,
Thank you for continually posting your so much professional trading idea's Charts and personal discoveries .
Harmonically i have identified the following points of interest to my thinking as as you can see on my chart i have 3 prices of interest .
1, There is a potential Wolfe Wave within the White Wedge Channel that interests me the most and thinking the price should go to Point 5 before any decline .
2, Then is the Wolfe Wave is True then according to the Wolfe Wave rule of off-set 1-4 Line would be my preferred Target .
3, I have highlighted the Pin Bar looking to the left as a point of interest with the fact that there is a Possibility of a 3 Drives Harmonic Pattern that could just as well become a Double Bottom .
snapshot
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Calamity
2 months ago
Hi, Jack. I normally withdraw 30%profit when it hits 38.2%. should i hold all my position till 61.8?
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l192ws
2 months ago
TP closed?
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Juliuszen
2 months ago
yeah, it is another solid WIN in dollar Yen!!
I took TP2 too fast (102.22) because i remembered wrongly the target for TP2. Anyway, I do have minimal lot left for the price to run freely. Thanks for the superb analysis once again!
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10X
2 months ago
Any idea about year end Target?
Reply
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