USD/JPY Buy at market
USD/JPY chart
Levels
- Entry
- 158.124 zone 158.101 to 158.147
- Stop loss
- 157.213 91.1 pips from entry
- Target 1
- 159.035 not reached
- Target 2
- 159.946 not reached
- Target 3
- 160.856 not reached
- Filled
- 158.137 6 Nov, 07:02 UTC
One third of the trade closes at each target, and the stop moves to the entry after target 1.
Why this trade
This is a mechanical rule-based buy on USD/JPY at 158.124. The trade triggers because the 1-hour Supertrend (10, 3) indicator has flipped upward. Although the strategy's backtested record is slightly negative overall, USD/JPY has been its best-performing pair, averaging +0.08R per year. The current 4-hour trend is up, with price sitting between the daily pivot at 157.878 and R1 resistance at 158.239. The trade targets a 1R gain at 159.035, requiring a push through the 20-day high. The setup is invalidated if the price drops below the Supertrend line at 157.213, which rests safely beneath the S1 support level.
ChartPrice structure on the chart: trend, levels, volatility.
About the strategy: Supertrend flip
Supertrend is one of the most used trend indicators (75 strategies, 2,162 stars in our Pine library; for example Supertrend + EMA rebound). On 1-hour bars, buy at market when Supertrend (10, 3) flips up and sell when it flips down. The stop is the Supertrend line (at least half an ATR away), targets 1R, 2R and 3R; the rest closes when it flips back.
Caveat: Average per trade across the 11 instruments tested (7 FX majors, gold, silver, Bitcoin, Ether), costs included. Slightly negative every year on average; positive on 3 of 11 instruments (best USD/JPY +0.08R). Not tested on WTI or the Nasdaq 100.
The idea, explained: The ATR, which Supertrend is built on
Timeline
- Signal published 158.078
- Entry filled 158.137
- Reason added
- Confidence scored Score 48
- Risk tag added High Risk, as of its publish time
Proof it was not edited
When this signal was published, its fixed fields were written to a record and fingerprinted with SHA-256. The fingerprint also contains the one before it, so a change anywhere breaks the chain. You can check it in your browser.
- Hash
- bc7ae180963c4f68d9e68c63e2d251814d31be90387058ddbdb8407ea0217116
- Previous hash
- 68bbd0135d99e90d23fc2bb03efc22e785ae9c8aa5a63dab2f42a067e84ff977
Show the signed record
{"v":1,"symbol":"USDJPY","side":"buy","order_type":"market","timeframe":"1h","strategy":"pop_supertrend_1h","source":"data","oco_group":null,"entry":"158.124","zone_lo":"158.101","zone_hi":"158.147","sl":"157.213","tp1":"159.035","tp2":"159.946","tp3":"160.856","created_at":"2026-11-06T07:01:02Z","expires_at":"2026-11-06T07:16:02Z","max_close_at":"2026-11-20T07:16:02Z","prev_hash":"68bbd0135d99e90d23fc2bb03efc22e785ae9c8aa5a63dab2f42a067e84ff977"}
Risk High Risk
- Track record: flagged
Its rule was not profitable after costs in every period we tested.
- Type of trading: passed
Intraday trade, not a scalping or news trade.
- News: passed
No high-impact release was due while the order waits or in its first 4 hours.
- Costs: passed
The spread is a small share of the stop distance (under 10%).
High Risk means at least one check flagged this trade. Size it smaller, or skip it if you only follow Cautious signals. This signal was published before risk tags existed; its tag was added afterwards, from the facts at its publish time.
Copy the prices
Place it yourself in your own platform. This is a practice signal, not advice. How to copy a signal
- SymbolUSDJPY
- OrderBUY AT MARKET
- Entry158.124
- Stop loss157.213
- TP1159.035
- TP2159.946
- TP3160.856
This trade is already live. A new entry now would not match the published one.
Open in your platform
This trade is already live, so there is no order to place at the published entry. You can still follow it on your chart.
- Open the chart in TradingViewTradingView has no link that fills an order. Open the chart, then add the levels with the Pine Script below.
- Paste it into TradingView’s Pine Editor and click Add to chart: the entry zone, stop and three targets appear on your own chart.
Position size
lots
Lots = amount you risk, divided by the loss if the stop is hit. Contract sizes: forex pairs 100,000 units per lot, gold 100 oz, Bitcoin and Ether 1 coin, WTI crude 1,000 barrels, US100 1 per index point. Brokers differ, so check yours and adjust the contract size. Rounded down to 0.01. Position sizing explained
Confidence
The strategy has a marginally positive historical edge on USD/JPY, and the 4-hour trend is up, but overhead resistance must be cleared.
Signals scored 40-49 have won 49% of 47 closed.
Confidence is a score from 0 to 100 given by an AI model. It is checked against how signals in the same band really ended, so treat the measured rate as the evidence, not the score. Reading a track record