Ikhtiar Trading Jurnal

Today I attempted to buy USDCAD with a stop-loss at 1.3707 and a take-profit at 1.3737. The USDCAD candlestick pattern on the M15 chart supports the formation of an uptrend. After breaking out of the sideways zone, a large bullish candlestick emerged, categorized as a bullish marubozu, a candlestick with a long body and small shadows, indicating complete buyer dominance. Price action indicates the market has exited the accumulation phase and is now in a bullish expansion phase. The price, which previously moved within a narrow range below the 200-day moving average, has now broken upward, signaling a change in market character.

Today I attempted to buy USDJPY with a stop-loss at 148.59 and a take-profit at 149.27. The USDJPY on the 15-month timeframe reflects buyer strength. The recent upward momentum was marked by a series of bullish marubozus, long candles with no lower shadows, indicating strong buying pressure and virtually no resistance from sellers. This pattern indicates an impulsive and aggressive market movement, signaling massive buying interest in a short period of time.

Today I attempted to buy the CADJPY currency pair with a stop-loss at 108.29 and a take-profit at 108.83. The CADJPY price structure on the 15-month timeframe indicates a strong breakout from the previous accumulation or consolidation phase. After the price broke through the minor resistance area, a large surge occurred with high volume and momentum, indicating a strong market reaction to the zone.

Today I tried selling GBPUSD with a stop-loss at 1.3414 and a take-profit at 1.3357. On the M15 timeframe, GBPUSD shows several clusters of candlestick patterns that provide important information about market psychology. Before the sharp decline, we saw a series of large bearish candles, a strong signal that sellers were controlling the market without much resistance from buyers.

The stop loss that I put at 1.3414 on GBPUSD was finally touched and I lost $2.90 on this currency pair. If we look at the current movement of GBPUSD on TF M15, it has moved above MA200 and it is possible that it will continue to rise today.

Today I attempted to sell gold with a stop-loss order at 3333.83 and a take-profit order at 3318.61. Gold on the M15 timeframe appears to have reversed from bullish to bearish. Overall, the price action indicates a shift in momentum from buyers to sellers. Initially, the price rose quite strongly and formed a higher high, but then a change in market character occurred when the price failed to make a significant new high. The subsequent sharp decline indicates a significant seller reaction, likely triggered by fundamental data or a reaction to a key resistance level.

My open sell position in gold finally hit my stop-loss today, resulting in a loss of $5.57. Looking at today's gold price movement, it was slightly extreme, rising to 3377.09. On the 15-month timeframe, gold has moved above the 200-day moving average (MA200), indicating the current trend has shifted to bullish.

Today I attempted to buy USDCAD with a stop-loss at 1.3707 and a take-profit at 1.3737. The USDCAD candlestick pattern on the M15 chart supports the formation of an uptrend. After breaking out of the sideways zone, a large bullish candlestick emerged, categorized as a bullish marubozu, a candlestick with a long body and small shadows, indicating complete buyer dominance. Price action indicates the market has exited the accumulation phase and is now in a bullish expansion phase. The price, which previously moved within a narrow range below the 200-day moving average, has now broken upward, signaling a change in market character.

My open buy position on USDCAD hit my stop-loss, resulting in a loss of $1.02. The USDCAD currency pair has now begun to move below the 200-day moving average (MA200), indicating the trend has shifted to bearish, and there's a possibility it will continue to decline today.

Today I attempted to buy USDJPY with a stop-loss at 148.59 and a take-profit at 149.27. The USDJPY on the 15-month timeframe reflects buyer strength. The recent upward momentum was marked by a series of bullish marubozus, long candles with no lower shadows, indicating strong buying pressure and virtually no resistance from sellers. This pattern indicates an impulsive and aggressive market movement, signaling massive buying interest in a short period of time.

My open buy position on USDJPY hit my stop-loss, resulting in a loss of $2.09 on this currency pair. I believe USDJPY will likely decline today, as it is currently moving below the 200-day moving average (MA200), indicating a downtrend.

Today I attempted to buy the CADJPY currency pair with a stop-loss at 108.29 and a take-profit at 108.83. The CADJPY price structure on the 15-month timeframe indicates a strong breakout from the previous accumulation or consolidation phase. After the price broke through the minor resistance area, a large surge occurred with high volume and momentum, indicating a strong market reaction to the zone.

My open buy position on CADJPY hit my stop-loss, resulting in a loss of $1.75 on this currency pair. I believe CADJPY has a chance of falling today, as it appeared to have formed a bearish engulfing candle and is currently undergoing a correction and is blocked in the supply area.