Ikhtiar Trading Jurnal

Posts: 19551 · #2821 - July 10, 2025, 01:09:36 AM

Today I tried to sell GBP/JPY with a stop-loss at 198.76 and a take-profit at 198.13. GBP/JPY on TFM15 shows several bearish engulfing patterns around previous price peaks, which are strong signals of a reversal from an uptrend to a downtrend. This pattern appears when a large bearish candle completely engulfs the previous bullish candle, indicating very strong selling pressure. Strong resistance is found around 199.00 to 199.20, where the price has repeatedly failed to break through.

Posts: 19551 · #2822 - July 10, 2025, 05:38:51 AM

Today I tried to buy USDCAD with my stop loss at 1.3668 and take profit at 1.3701. USDCAD on the M15 timeframe. If we observe the overall price movement on the chart, we can see that the medium-term trend is showing an upward trend. This is evident from the price position, which generally moves above the Moving Average (MA) indicator line. This Moving Average also shows a fairly stable upward slope, which indicates the strength of the uptrend in recent times.

Posts: 19551 · #2823 - July 10, 2025, 05:42:07 AM

Today I attempted to sell EURJPY with my stop-loss at 171.81 and take-profit at 171.38. On the M15 timeframe, EURJPY exhibited several reversal candlestick patterns, such as bearish engulfing and shooting stars, indicating significant selling pressure from the resistance area. Subsequently, price movement in the lower area indicated bullish reversal candlestick patterns, such as bullish engulfing and hammering, which prompted a price rebound and retested the moving average (MA) line.

#2824 - **Today** at 12:27:04 PM

Posts: 19551 · #2824 - July 10, 2025, 05:45:49 AM

Today I tried to sell USDJPY with my stop loss at 146.50 and take profit at 145.98. USDJPY on the M15 timeframe. At the bottom of the chart, near the support level, there are several candlesticks with long lower shadows, such as hammers and dojis, indicating a buying reaction from the market and the possibility of a temporary rebound. Sure enough, the price staged a temporary rally upward.
However, towards the end of the chart, the candlesticks began to lose their bullish momentum. A candlestick with a small body and a fairly long upper shadow formed as the price approached the moving average (MA) line. This indicates that selling pressure is increasing again and buyers are losing steam.

Posts: 19551 · #2825 - July 10, 2025, 10:31:52 PM

Quote from: Ikhtiar on July 10, 2025, 12:49:40 AM

Today I attempted to buy EURUSD with a stop-loss order placed at 1.1727 and a take-profit order at 1.1772. On the M15 timeframe, EURUSD formed higher highs and higher lows in the final phase before the breakout. This indicates that buying pressure is starting to dominate. The sharp rise at the end of the chart indicates strong bullish momentum, indicated by consecutive bullish candlesticks without much retracement. Also, note that the price movement formed a sort of consolidation base before finally breaking above the moving average. This pattern often signals accumulation before a breakout.

My open buy position on EURUSD hit my stop-loss, resulting in a loss of $2.20. EURUSD did drop to 1.1662 today, hitting my stop-loss at 1.1727.

Posts: 19551 · #2826 - July 10, 2025, 10:35:54 PM

Quote from: Ikhtiar on July 10, 2025, 12:52:24 AM

Today I tried to buy GBPUSD with a stop-loss order placed at 1.3583 and a take-profit order at 1.3638. On the M15 timeframe, at the end of the chart, GBPUSD showed an upward breakout from the consolidation area. The price successfully broke through the 200-day moving average (MA) and is currently trading above it, which could be an early indication of a short-term trend change from bearish to bullish. The structure has turned into consistent higher lows, indicating that selling pressure is weakening and buyers are beginning to take control of the market.

My open buy position on GBPUSD hit my stop-loss, resulting in a loss of $2.80. Today, GBPUSD appears to have fallen to 1.3532, hitting my stop-loss. The GBPUSD price on the 15-month timeframe has moved below the 200-day moving average (MA200) and is likely to fall further.

Posts: 19551 · #2827 - July 10, 2025, 10:39:12 PM

Quote from: Ikhtiar on July 10, 2025, 12:59:35 AM

Today I tried to buy USDX with a stop-loss order at 97.10 and a take-profit order at 97.55. After failing to reach a new high, the price began to move sideways and formed a distribution pattern, a phase where buyers lose momentum and sellers begin to step in. The downward breakout from the consolidation area demonstrated seller dominance, especially after the price failed to hold above minor support. Now, the price is approaching the green demand zone, which previously served as a key area for bullish breakouts. This zone is a crucial support zone in the market structure.

My open buy position on the USDX hit the take profit level, resulting in a $2.00 profit. Based on my analysis, the USDX failed to break through the support area and the price immediately rose. Currently, on the 15-month timeframe, the USDX is still moving above the 200-day moving average (MA200) and is likely to continue rising.

Posts: 19551 · #2828 - July 10, 2025, 10:43:34 PM

Quote from: Ikhtiar on July 10, 2025, 01:09:36 AM

Today I tried to sell GBP/JPY with a stop-loss at 198.76 and a take-profit at 198.13. GBP/JPY on TFM15 shows several bearish engulfing patterns around previous price peaks, which are strong signals of a reversal from an uptrend to a downtrend. This pattern appears when a large bearish candle completely engulfs the previous bullish candle, indicating very strong selling pressure. Strong resistance is found around 199.00 to 199.20, where the price has repeatedly failed to break through.

My open sell position on GBPJPY touched the stop loss and I lost $2.33. If we look at the movement of GBPJPY on TF M15, it is still moving below MA200 and the trend is still bearish, however GBPJPY rose to a price of 199.22 and touched my stop loss.

Posts: 19551 · #2829 - July 10, 2025, 10:46:57 PM

Quote from: Ikhtiar on July 10, 2025, 05:38:51 AM

Today I tried to buy USDCAD with my stop loss at 1.3668 and take profit at 1.3701. USDCAD on the M15 timeframe. If we observe the overall price movement on the chart, we can see that the medium-term trend is showing an upward trend. This is evident from the price position, which generally moves above the Moving Average (MA) indicator line. This Moving Average also shows a fairly stable upward slope, which indicates the strength of the uptrend in recent times.

My open buy position on USDCAD hit my stop-loss, resulting in a loss of $1.02. USDCAD saw a sharp drop today, reaching 1.3650, and it's likely to continue falling today.

Posts: 19551 · #2830 - July 10, 2025, 10:50:24 PM

Quote from: Ikhtiar on July 10, 2025, 05:42:07 AM

Today I attempted to sell EURJPY with my stop-loss at 171.81 and take-profit at 171.38. On the M15 timeframe, EURJPY exhibited several reversal candlestick patterns, such as bearish engulfing and shooting stars, indicating significant selling pressure from the resistance area. Subsequently, price movement in the lower area indicated bullish reversal candlestick patterns, such as bullish engulfing and hammering, which prompted a price rebound and retested the moving average (MA) line.

My open sell position on EURJPY touched take profit and I made a profit of $1.57. For EURJPY today it is likely that it will still fall because if we see on TF M15 EURJPY is moving below MA200 and there is a possibility that it will go to the support area at the price of 170.90

#2831 - **Today** at 12:27:04 PM

Posts: 19551 · #2831 - July 13, 2025, 11:26:48 PM

Today, I attempted to sell EURUSD with a stop-loss at 1.1697 and a take-profit at 1.1649. On the M15 timeframe, EURUSD exhibits several long upper shadows, indicating strong selling pressure as the price attempts to rise. This also indicates a rejection of the resistance level. The sharp decline in the middle of the chart shows consecutive large bearish candles, indicating aggressive selling and a significant change in price direction. This reflects a significant distribution of market participants.

Posts: 19551 · #2832 - July 13, 2025, 11:29:32 PM

Today, I tried to sell GBPUSD with my stop-loss placed at 1.3521 and take-profit at 1.3456. GBPUSD on the M15 timeframe: After a major decline, a small consolidation phase or weak retracement occurred. However, each retracement only resulted in a flag pattern or a small channel that pointed upwards, then broke down again. This is a bearish flag pattern, which often signals a continuation of a downtrend. Key Resistance at 1.3540 ? 1.3550: This is an area where the price has repeatedly failed to break upwards, especially when retraceing after a sharp decline. This area is also close to the 200-day moving average (MA), making it a strong resistance zone.

Posts: 19551 · #2833 - July 13, 2025, 11:31:47 PM

Today, I attempted to buy USDX with a stop-loss order at 97.68 and a take-profit order at 98.28. On the M15 timeframe, the USDX price has been moving steadily above the 200-day moving average (MA), which technically confirms an early reversal from bearish to bullish.

Posts: 19551 · #2834 - July 13, 2025, 11:33:53 PM

Today, I attempted to buy Gold with a 1:1 spread. I observed gold on the M15 timeframe. The price structure on the chart clearly indicated an uptrend. Following the breakout, several long-bodied bullish candlesticks emerged, indicating strong buying strength and indicating the market was in an accelerated uptrend.

Posts: 19551 · #2835 - July 13, 2025, 11:36:43 PM

Today, I tried to sell GBPJPY with a stop-loss order at 199.07 and a take-profit order at 198.30. On the M15 chart, GBPJPY shows a series of highs and lows that don't show a consistent structure. This situation indicates a horizontal consolidation or sideways market, where the price is searching for a new direction. This type of movement is often confusing and noisy, and traders typically wait for a breakout from the range to confirm the next direction.