Ikhtiar Trading Jurnal

Posts: 22543 · #2941 - July 29, 2025, 11:43:21 PM

Today I attempted to sell EURUSD with a stop-loss at 1.1592 and a take-profit at 1.1505. On the M15 chart, EURUSD experienced a sharp downward movement at the start of the chart, followed by a narrow, flat consolidation. This sharp decline indicates strong selling pressure, likely triggered by the release of fundamental data or market sentiment that was strongly negative toward the euro or positive toward the dollar. Following the decline, the price appeared to form a sideways consolidation pattern, indicating uncertainty or a re-accumulation phase before possibly resuming its next move.

Posts: 22543 · #2942 - July 29, 2025, 11:45:27 PM

Today I attempted to sell GBPUSD with a stop-loss at 1.3369 and a take-profit at 1.3327. GBPUSD on the M15 timeframe: Examining the price action, the chart shows a sharp decline from the peak, followed by several recovery attempts that culminated in lower highs. This reinforces the bearish structure, as each time the price attempted to rise, it was unable to reach a higher high. Afterward, the price began to move in a consolidation pattern characterized by fluctuating up and down without a clear direction, but still under pressure from sellers.

Posts: 22543 · #2943 - July 29, 2025, 11:47:37 PM

Today I attempted to buy USDX with a stop-loss at 98.69 and a take-profit at 99.27. The USDX is in a fairly regular uptrend on the 15-month timeframe, with several minor corrections. These corrections indicate that the market isn't moving impulsively all the time, but remains healthy, allowing the price to gather strength before continuing its upward movement. At this point, the price appears to be consolidating after reaching a local peak around 99.10. This sideways movement could indicate position accumulation before a further breakout, or it could be an early sign of a potentially deeper correction.

Posts: 22543 · #2944 - July 29, 2025, 11:50:34 PM

Today I tried to buy gold with a stop-loss at 3320.03 and a take-profit at 3334.77. Gold on the M15 timeframe is moving above the 200-day moving average, which indicates a potential rise as buyers are currently in control.

Posts: 22543 · #2945 - July 29, 2025, 11:52:40 PM

Today I attempted to sell GBPJPY with a stop-loss at 198.44 and a take-profit at 198.01. On the M15 chart, GBPJPY appears to be forming a consolidation pattern with a narrowing range. This indicates market uncertainty and a lack of momentum to significantly push the price in either direction. Candlesticks formed during this phase tend to have small bodies and numerous shadows, indicating a tug-of-war between buyers and sellers with no clear winner. This is a common characteristic of a market awaiting its next direction or in a transitional phase.

#2946 - **Today** at 04:44:08 AM

Posts: 22543 · #2946 - July 29, 2025, 11:54:46 PM

Today I attempted to buy USDCAD with a stop-loss at 1.3755 and a take-profit at 1.3801. The strength of the USDCAD uptrend on the M15 chart began to emerge after the price broke through minor resistance levels and held above them. A sharp, impulsive upward movement was followed by a slight retracement and then a continuation of the trend, indicating that the market structure remains healthy and bullish. This price movement pattern resembles an ascending channel, where buyers continue to control the price each time a correction occurs.

Posts: 22543 · #2947 - July 29, 2025, 11:56:56 PM

Today I attempted to sell EURJPY with a stop-loss order at 171.78 and a take-profit order at 171.01. The EURJPY downtrend on the M15 chart began with a significant breakout below a key support area that previously served as a consolidation zone. After the breakout, the price never returned above the moving average line, and every attempt to rebound ended with strong resistance from sellers. This indicates that buyers lacked sufficient strength to reverse the market's direction. The distribution pattern forming at the top of the chart also served as an early indication of an ongoing bearish trend.

Posts: 22543 · #2948 - July 30, 2025, 10:41:26 PM

Quote from: Ikhtiar on July 29, 2025, 11:47:37 PM

Today I attempted to buy USDX with a stop-loss at 98.69 and a take-profit at 99.27. The USDX is in a fairly regular uptrend on the 15-month timeframe, with several minor corrections. These corrections indicate that the market isn't moving impulsively all the time, but remains healthy, allowing the price to gather strength before continuing its upward movement. At this point, the price appears to be consolidating after reaching a local peak around 99.10. This sideways movement could indicate position accumulation before a further breakout, or it could be an early sign of a potentially deeper correction.

My open buy position on USDX today hit my stop-loss, resulting in a loss of $2.60. The USDX did appear to have fallen briefly today, but then rebounded. The USDX trend remains bullish, as it appears to be moving above the 200-day moving average (MA).

Posts: 22543 · #2949 - July 30, 2025, 10:43:40 PM

Quote from: Ikhtiar on July 29, 2025, 11:50:34 PM

Today I tried to buy gold with a stop-loss at 3320.03 and a take-profit at 3334.77. Gold on the M15 timeframe is moving above the 200-day moving average, which indicates a potential rise as buyers are currently in control.

My open buy position on gold today hit my stop-loss, resulting in a loss of $6.83. Gold has fallen significantly today, and the daily timeframe also closed with a bearish candle, indicating that many people are currently selling gold.

Posts: 22543 · #2950 - July 30, 2025, 10:46:25 PM

Quote from: Ikhtiar on July 29, 2025, 11:52:40 PM

Today I attempted to sell GBPJPY with a stop-loss at 198.44 and a take-profit at 198.01. On the M15 chart, GBPJPY appears to be forming a consolidation pattern with a narrowing range. This indicates market uncertainty and a lack of momentum to significantly push the price in either direction. Candlesticks formed during this phase tend to have small bodies and numerous shadows, indicating a tug-of-war between buyers and sellers with no clear winner. This is a common characteristic of a market awaiting its next direction or in a transitional phase.

My open sell position on GBPJPY today hit the take profit, resulting in a profit of $1.55. GBPJPY is currently moving below the M15 level on the M15 timeframe, and if we're looking for selling opportunities, I think we can still do so.

Posts: 22543 · #2951 - July 30, 2025, 10:48:50 PM

Quote from: Ikhtiar on July 29, 2025, 11:54:46 PM

Today I attempted to buy USDCAD with a stop-loss at 1.3755 and a take-profit at 1.3801. The strength of the USDCAD uptrend on the M15 chart began to emerge after the price broke through minor resistance levels and held above them. A sharp, impulsive upward movement was followed by a slight retracement and then a continuation of the trend, indicating that the market structure remains healthy and bullish. This price movement pattern resembles an ascending channel, where buyers continue to control the price each time a correction occurs.

My open buy position on USDCAD today hit the take profit level, resulting in a profit of $1.74. USDCAD on the 15-month timeframe is currently firmly above the 200-day moving average (MA200), and I see no signs of a reversal yet. Therefore, it's safer to look for buying opportunities now.

Posts: 22543 · #2952 - July 30, 2025, 10:52:04 PM

Quote from: Ikhtiar on July 29, 2025, 11:56:56 PM

Today I attempted to sell EURJPY with a stop-loss order at 171.78 and a take-profit order at 171.01. The EURJPY downtrend on the M15 chart began with a significant breakout below a key support area that previously served as a consolidation zone. After the breakout, the price never returned above the moving average line, and every attempt to rebound ended with strong resistance from sellers. This indicates that buyers lacked sufficient strength to reverse the market's direction. The distribution pattern forming at the top of the chart also served as an early indication of an ongoing bearish trend.

My open sell position on EURJPY today hit my take profit, netting me a profit of $2.77. EURJPY currently appears to have experienced a slight correction on the M15 timeframe, but if we look closely, it's holding up in the supply area. There's a possibility that EURJPY will continue to decline today, and we can still look for selling opportunities.

Posts: 22543 · #2953 - July 31, 2025, 10:20:34 PM

Today I attempted to sell EURUSD with a stop-loss order placed at 1.1446 and a take-profit order at 1.1393. On the M15 timeframe, the EURUSD market appears to be in a downtrend. This is easily identified by the continuously lower price and the downward-sloping red moving average. This moving average also acts as dynamic resistance, preventing the price from rising again in previous attempts. This decline is quite consistent, forming lower highs and lower lows, confirming seller dominance in the market.

Posts: 22543 · #2954 - July 31, 2025, 10:22:55 PM

Today I attempted to sell GBPUSD with a stop-loss order at 1.3244 and a take-profit order at 1.3168. The GBPUSD candlestick pattern on the M15 timeframe also supports the downtrend analysis. Several candlesticks showed rejection of the price increase with the appearance of long upper shadows, as well as renewed bearish pressure after failed upward attempts. This indicates that the market is not strong enough to reverse direction and is likely to follow the repeated seller pressure.

Posts: 22543 · #2955 - July 31, 2025, 10:25:05 PM

Today I attempted to buy USDX with a stop-loss order placed at 99.68 and a take-profit order at 100.50. The USDX price is currently trading near the 100.00 area on the M15 timeframe, which is a psychologically important level. This level can act as psychological resistance and a potential market reaction point. However, no strong reversal signals are visible on the chart so far. The price is still forming an upward structure, and the candlesticks indicate a dominant buying trend, with relatively little selling pressure in that area.