Ikhtiar Trading Jurnal

Posts: 20414 · #2476 - April 17, 2025, 12:43:59 PM

Quote from: Ikhtiar on April 17, 2025, 08:19:03 AM

USDX On the lower side of the chart, there is a long lower shadow (a hammer-like pattern) indicating buying pressure, but not strong enough to reverse the market direction. After trying to rise and touch the MA line, the price formed a bearish engulfing pattern, which is a bearish reversal signal. Therefore, today I tried to sell USDX.

My open buy position on USDX today hit the stop loss and I lost $1. Currently on TF M15 USDX has moved below MA200 and the trend has changed to bearish

Posts: 20414 · #2477 - April 17, 2025, 12:47:07 PM

Quote from: Ikhtiar on April 17, 2025, 08:22:01 AM

Gold on TF M15 shows a very strong uptrend. A significant price increase occurred after a period of flat consolidation, followed by an upward breakout that continued with a long rally. After reaching the top, the chart shows a bearish reversal pattern in the form of a double top formation around the highest area, followed by a sharp decline. but this is likely just a correction and I decided to buy gold.

For today I am lucky on gold because the open buy position that I did on gold touched take profit and I got a profit of $ 16. For now, the gold trend is still bullish and we can still look for buy opportunities.

Posts: 20414 · #2478 - April 17, 2025, 12:50:41 PM

Quote from: Ikhtiar on April 17, 2025, 08:24:51 AM

GBPJPY on TF M15 has a fairly strong V-shape recovery pattern, indicating that buyers are taking control after a sharp decline. At the end of the chart, there are long and consecutive bullish candlesticks, indicating a very strong buying momentum. There are no signs of market exhaustion (such as doji or pinbar), which means the rally may continue in the short term. Therefore, I made a buy on GBPJPY

My open buy position on GBPJPY today hit the stop loss and I lost $2.66. For now I see GBPJPY on TF M15 has moved below MA200 and currently the trend is bearish and I think we can look for sell opportunities.

#2479 - **Today** at 09:01:22 AM

Posts: 20414 · #2479 - April 17, 2025, 12:53:17 PM

Quote from: Ikhtiar on April 17, 2025, 08:27:30 AM

Today I sold USDCAD because USSDCAD showed a fairly dominant downtrend. This can be seen from the consistent price movement forming lower highs and lower lows, as well as the price position below the moving average line. A minor retracement candlestick pattern is seen after a sharp decline, but there is no valid bullish reversal pattern such as engulfing or morning star.

The sell position I opened on USDCAD hit the stop loss and I lost $2.01. I think I was unlucky on USDCAD today because I see it is going down now.

Posts: 20414 · #2480 - April 17, 2025, 12:56:13 PM

Quote from: Ikhtiar on April 17, 2025, 08:30:07 AM

Today I tried to sell EURJPY with take profit at 162.73 and stop loss at 162.24. I see EURJPY is unable to penetrate the resistance area on TF M15 and there is a possibility that it will go down.

The open sell position that I did on EURJPY today touched take profit and I got a profit of $1.54. I see that EURJPY is likely to still go down because it is currently still moving below MA200

Posts: 20414 · #2481 - April 17, 2025, 12:58:48 PM

Quote from: Ikhtiar on April 17, 2025, 08:32:41 AM

USDJPY on TF M15 Before the breakout, there was a consolidation with a small candlestick body, indicating accumulation. After that, a long bullish breakout candlestick appeared that penetrated the resistance and MA lines, followed by a solid continuation candlestick, confirming the validity of the breakout. This signals that buyers are starting to take over the market after the selling pressure phase ends. Therefore, I made a buy on USDJPY today

The open buy position that I did on USDJPY today touched the stop loss and I lost $2.03. Up until now I see that USDJPY has moved back below MA200 which means that currently the USDJPY trend has changed to bearish and there is a possibility that it will go down again

Posts: 20414 · #2482 - April 18, 2025, 08:07:21 AM

Today I made a sell on EURUSD with a stop loss at 1.1387 and take profit at 1.1356. The reason I made the sell was because I saw on the M15 TF EURUSD moving below MA200 which indicated that this currency pair would likely fall.

Posts: 20414 · #2483 - April 18, 2025, 08:09:37 AM

GBPUSD is currently moving above MA200 which means that GBPUSD is currently in a bullish trend. On TF M15 GBPUSD looks down but it is likely just a correction therefore for today I am buying GBPUSD.

Posts: 20414 · #2484 - April 18, 2025, 09:39:23 AM

Today I tried to buy GBPJPY with stop loss at 188.63 and take profit at 189.25. I saw on TF M15 GBPJPY moving above MA200 which means GBPJPY is likely to rise for a short period of time.

Posts: 20414 · #2485 - April 18, 2025, 09:48:57 AM

USDCAD is currently moving below MA200 which means the trend is bearish for the short term. Therefore today I made a sell on USDCAD with a stop loss at 1.3873 and take profit at 1.3843. Hopefully today USDCAD will go down.

#2486 - **Today** at 09:01:22 AM

Posts: 20414 · #2486 - April 18, 2025, 09:52:55 AM

The 200 Moving Average indicator, which shows the general trend direction. On this chart, the price is around the MA line, indicating that the market is in a sideways or consolidation condition. There is no dominant trend, either up or down, as the price moves back and forth around the MA. Over the last few sessions on the chart, the price has tended to move in a narrow range between about 161.60 and 162.00. But I think there is a possibility of a decline, therefore I opened a sell position on EURJPY

Posts: 20414 · #2487 - April 18, 2025, 09:56:13 AM

USDJPY on TF M15 Currently, the price is very close to the MA line but has not managed to penetrate it significantly. This can be interpreted as a consolidation phase in a downtrend. If the price fails to penetrate and stays above the MA, then the opportunity to continue the decline is still open. However, if there is a breakout above the MA with strong volume or momentum, then it could be an early signal of a change in trend direction or at least a larger upward correction, therefore I tried to sell USDJPY

Posts: 20414 · #2488 - April 18, 2025, 10:43:44 AM

The chart shows that USD/CHF is moving in a relatively sideways trend overall, although there was a brief uptrend on April 17. This can be seen from the price moving back and forth around the red MA200 line. Currently, the price is slightly above that average, indicating some buying pressure, but not strong enough to form a consistent uptrend. Therefore, I decided to go long

Posts: 20414 · #2489 - April 24, 2025, 04:48:31 AM

EURUSD on TF M15 Looking at the overall structure and candlestick patterns that appear, the market bias remains bearish. The candlestick patterns do not show solid buyer strength to push prices up significantly. On the contrary, the seller's dominance is still maintained and every increase appears to be only a retracement in a downtrend. Therefore, today I opened a sell position.

Posts: 20414 · #2490 - April 24, 2025, 04:54:19 AM

USDX on TF M15 shows quite interesting price movements, with the dynamics of transition from the consolidation phase to the impulsive phase, then experiencing a slight correction again. This change is clearly visible from the shape of the candlestick that appears and how the price reacts to certain areas that become dynamic support and resistance. Therefore today I decided to buy USDX.