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 ... 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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