Ikhtiar Trading Jurnal

Posts: 22543 · #2911 - July 23, 2025, 11:48:10 PM

Today I attempted to buy EURJPY with a stop-loss at 172.04 and a take-profit at 172.64. EURJPY on the M15 timeframe. What's interesting about this price action is the formation of a higher low pattern, which could signal the beginning of an uptrend if followed by a subsequent resistance breakout. However, the formation of a lower high on the upside also indicates the potential for a symmetrical triangle or wedge pattern, which could potentially break out in either direction depending on volume and the next catalyst.

Posts: 22543 · #2912 - July 23, 2025, 11:50:18 PM

Today I attempted to buy USDJPY with a stop-loss at 146.70 and a take-profit at 146.12. USDJPY on the M15 timeframe: In the final consolidation phase, the candlestick pattern is more of a sideways movement, with smaller candles and no significant breakouts, either upward or downward. This suggests the market is awaiting a new catalyst or additional volume to continue its upward movement. However, the fact that the price remains unable to rise above the moving average area is a technical signal that bearish pressure remains dominant.

Posts: 22543 · #2913 - July 23, 2025, 11:56:56 PM

Today I attempted to sell CADJPY with a stop-loss at 107.80 and a take-profit at 107.43. On the M15 timeframe, CADJPY showed a significant change in market behavior. Initially, the price movement formed a structure of higher highs and higher lows, indicating an uptrend. However, after the highest peak was formed, there was no further higher highs. Instead, the price began to gradually form lower highs and lower lows, although it was not yet very structured.

Posts: 22543 · #2914 - July 23, 2025, 11:59:26 PM

Today I attempted to sell NZDUSD with a stop-loss at 0.6061 and a take-profit at 0.6015. I see NZDUSD has risen too high on the M15 timeframe, and there's a possibility of a correction today, at least towards the nearest demand area.

Posts: 22543 · #2915 - July 24, 2025, 09:44:11 PM

Quote from: Ikhtiar on July 23, 2025, 11:32:58 PM

Today I attempted to buy EURUSD with a stop-loss at 1.1759 and a take-profit at 1.1796. The EURUSD price action on the M15 timeframe confirms the strength of buyers. The breakout from the consolidation phase was accompanied by a large and aggressive candlestick volume. After the breakout, the price did not return to the previous consolidation area, indicating the breakout was valid. Subsequently, the price continued to rise without significant retracement, indicating that buyers still dominate the market. Near the end of the chart, there is a small consolidation in the form of sideways movement with a narrow range. This could be interpreted as a supply absorption phase before the price continues to rise.

My open buy position on EURUSD hit my stop-loss, resulting in a loss of $2.20. Looking at the EURUSD movement on the M15 timeframe, it actually rose to 1.1788, but then fell again, hitting my stop-loss.

#2916 - **Today** at 03:00:10 AM

Posts: 22543 · #2916 - July 24, 2025, 09:46:19 PM

Quote from: Ikhtiar on July 23, 2025, 11:37:50 PM

Today I attempted to buy GBPUSD with a stop-loss at 1.3570 and a take-profit at 1.3602. GBPUSD on the M15 timeframe. After the initial breakout, a series of long bullish candlesticks emerged, reflecting strong buying pressure. Subsequent candlesticks showed a mild pullback pattern, held above minor support, followed by further upside. No bearish reversal patterns such as a shooting star, bearish engulfing, or evening star were observed, indicating that sellers have not yet succeeded in disrupting the current uptrend.

My open buy position on GBPUSD hit my stop-loss, resulting in a loss of $1.50. On the M15 timeframe, GBPUSD has now moved back below the 200-day moving average (MA200), indicating seller dominance, and we can look for selling opportunities in this currency pair.

Posts: 22543 · #2917 - July 24, 2025, 09:48:56 PM

Quote from: Ikhtiar on July 23, 2025, 11:40:07 PM

Today I attempted to sell the USDX with a stop-loss at 97.40 and a take-profit at 96.95. The USDX on the M15 timeframe exhibits a very regular downward structure. Every time the price attempts to rise, it immediately sells back, forming a clear lower high. This type of movement is typical of a market under full seller control. In some phases, the price moved sideways, but not strongly enough to trigger a major correction. This movement pattern can be categorized as a bear flag or a small descending channel, where the retracement is merely a pause before the decline continues.

My open sell position on USDXD hit my stop-loss, resulting in a loss of $2.20. The USDX is seen rising today, and a reversal pattern has formed on the 15-month timeframe after a bullish engulfing candlestick formed. The USDX is likely to rise today, and we can look for buying opportunities.

Posts: 22543 · #2918 - July 24, 2025, 09:52:55 PM

Quote from: Ikhtiar on July 23, 2025, 11:43:52 PM

Today I attempted to sell gold with a stop-loss at 3397.98 and a take-profit at 3380.33. Gold on the M15 timeframe: Currently, the price appears to be in a consolidation phase after a sharp decline, with no clear signs of a continuation. However, the price's position below the moving average (MA) indicates that bearish forces remain dominant at this time.

My open sell position on gold hit the take profit level, resulting in a profit of $9.74. Gold's price has indeed fallen significantly today, even reaching 3350.67. However, we should be cautious, as a reversal pattern has emerged on the H1 timeframe.

Posts: 22543 · #2919 - July 24, 2025, 09:55:45 PM

Quote from: Ikhtiar on July 23, 2025, 11:46:03 PM

Today I attempted to buy GBPJPY with a stop-loss at 198.51 and a take-profit at 199.13. Before the GBPJPY price corrected again, reversal patterns such as doji and shooting stars appeared on the M15 timeframe, indicating market indecision and the emergence of selling pressure from the nearest resistance level. These candlesticks were an early signal that the market was unable to maintain its upward momentum, making a correction technically logical.

My open buy position on GBPJPY hit my stop-loss, resulting in a loss of $2.05. Looking at the current sideways movement of GBPJPY on the M15 timeframe, it's likely to rise today, as it's currently moving above the 200-day moving average (MA200), and we're looking for buying opportunities.

Posts: 22543 · #2920 - July 24, 2025, 09:58:31 PM

Quote from: Ikhtiar on July 23, 2025, 11:48:10 PM

Today I attempted to buy EURJPY with a stop-loss at 172.04 and a take-profit at 172.64. EURJPY on the M15 timeframe. What's interesting about this price action is the formation of a higher low pattern, which could signal the beginning of an uptrend if followed by a subsequent resistance breakout. However, the formation of a lower high on the upside also indicates the potential for a symmetrical triangle or wedge pattern, which could potentially break out in either direction depending on volume and the next catalyst.

My open buy position on EURJPY hit my stop-loss, resulting in a loss of $2.19. Today, EURJPY appears to have dropped to 171.72, hitting my stop-loss. However, it now appears to be moving back above the 200-day moving average (MA200) and has the potential to rise again.

Posts: 22543 · #2921 - July 24, 2025, 10:01:41 PM

Quote from: Ikhtiar on July 23, 2025, 11:50:18 PM

Today I attempted to buy USDJPY with a stop-loss at 146.70 and a take-profit at 146.12. USDJPY on the M15 timeframe: In the final consolidation phase, the candlestick pattern is more of a sideways movement, with smaller candles and no significant breakouts, either upward or downward. This suggests the market is awaiting a new catalyst or additional volume to continue its upward movement. However, the fact that the price remains unable to rise above the moving average area is a technical signal that bearish pressure remains dominant.

My open sell position on USDJPY hit the take profit level, resulting in a profit of $1.85. The pattern formed by USDJPY on the M15 timeframe is quite interesting. It appears to have first fallen to 145.87 and formed a new support area. After that, it immediately rose to 147.18.

Posts: 22543 · #2922 - July 24, 2025, 10:06:02 PM

Quote from: Ikhtiar on July 23, 2025, 11:56:56 PM

Today I attempted to sell CADJPY with a stop-loss at 107.80 and a take-profit at 107.43. On the M15 timeframe, CADJPY showed a significant change in market behavior. Initially, the price movement formed a structure of higher highs and higher lows, indicating an uptrend. However, after the highest peak was formed, there was no further higher highs. Instead, the price began to gradually form lower highs and lower lows, although it was not yet very structured.

My open sell position on CADJPY hit my take profit, resulting in a profit of $1.23. Looking at the CADJPY pattern on the M15 timeframe, it's still sideways, with buyers and sellers still balanced. However, CADJPY briefly dropped to 107.22 during today's trading session, hitting my take profit.

Posts: 22543 · #2923 - July 25, 2025, 09:46:46 PM

Today I attempted to buy Bitcoin with a stop-loss order at 110.55 and a take-profit order at 115.48. On the M15 chart, a reversal candlestick with a long lower shadow appears at the bottom, indicating strong buying pressure after a sharp decline. This is an early signal of an intraday reversal. Subsequently, a series of bullish candlesticks emerged, climbing towards the 200-day moving average (MA), indicating that buyers are beginning to dominate the short-term market.

Posts: 22543 · #2924 - July 25, 2025, 09:49:08 PM

Today I attempted to buy Ethereum with a stop-loss at 3664.19 and a take-profit at 3779.13. Ethereum on the 15-month timeframe: After experiencing selling pressure and forming a bottom below the 200-day moving average (MA200), the price slowly showed a recovery through a series of steady higher lows. The price action following the breakout showed strong momentum, with a large, noise-free candlestick, indicating fairly solid volume participation.

Posts: 22543 · #2925 - July 25, 2025, 09:51:30 PM

Today I attempted to sell Riple with a stop-loss at 3.1850 and a take-profit at 3.0784. Riple's short- to medium-term trend on the M15 chart remains bearish. This is clearly indicated by the price remaining below the 200-day moving average (MA200). Previous candlestick patterns exhibited ranging behavior, where the price fluctuated without a clear direction before buyers finally pushed the price through the lower consolidation zone.