Ikhtiar Trading Jurnal

Today, I attempted to buy EURUSD with a stop-loss order placed at 1.1669 and a take-profit order at 1.1710. EURUSD on the M15 timeframe. From a price action perspective, the current price movement is testing a key area. The buy entry area marked by the green line is a valid zone for determining buyer strength. If the price can hold above this area, buyers have the opportunity to continue rising towards the profit target defined by the orange dotted line at the top of the chart.

Today, I attempted to buy USDX with a stop-loss at 97.85 and a take-profit at 98.25. USDX on the M15 timeframe. From a price action perspective, buyers are still trying to control the price direction. Every time the price approaches the support area, a candlestick appears with a long lower tail, indicating a buying reaction. This reinforces the suspicion that buying pressure has not completely dissipated. As long as the price remains above the predetermined stop-loss line, the short-term uptrend still has a chance to continue.

Today, I attempted to sell GBPJPY with a stop-loss order at 199.92 and a take-profit order at 199.30. On the M15 timeframe, GBPJPY appears to be forming several alternating patterns of lower highs and higher lows. This confirms the suspicion that the market is in a consolidation phase. However, repeated rejections around the moving average signal that this line acts as an area of market equilibrium. When the price moves significantly above or below this line, a correction quickly occurs, returning it closer to the average. This situation is often characteristic of sideways movement.

Today I tried to buy EURJPY with a stop-loss order at 172.37 and a take-profit order at 172.91. EURJPY on the M15 timeframe. From the price action perspective, a higher low pattern is visible, indicating that buyers are always entering more quickly during each correction wave. This is a positive signal for the continuation of the uptrend. Furthermore, candlesticks with relatively long bodies during the uptrend indicate a strong volume surge. Conversely, corrective candlesticks generally have smaller bodies, indicating that seller pressure is not as strong as buyer pressure. This condition provides further confirmation that bullish opportunities are more dominant in the current price movement.

Today, I attempted to sell USDCHF with a stop-loss order placed at 0.8066 and a take-profit order at 0.8045. On the M15 timeframe, USDCHF is forming a pattern of lower highs and lower lows. This pattern is characteristic of a bearish trend, where each uptrend is only a temporary correction before sellers regain control. The fact that the price is currently below the moving average line reinforces the analysis that the short-term trend remains bearish. The moving average also acts as dynamic resistance, so whenever the price approaches this area, selling pressure is likely to re-emerge.

Today I tried to sell GBPUSD with a stop-loss order at 1.3538 and a take-profit order at 1.3504. GBPUSD on the M15 timeframe. If you look closely, after experiencing a sharp decline, the price formed a consolidation pattern in the lower area, then a bullish impulse emerged. However, this increase is still held back below the moving average line, indicating that buyers have not yet been able to fully reverse the main trend. The recent bullish candlestick formation indicates a buyer reaction, but so far it is still in the retracement phase of the previous decline. In other words, the price is retesting the resistance area that coincides with the moving average.

My open sell order on GBPUSD hit my take profit level, resulting in a $1.80 profit. GBPUSD is seen declining today, moving below the 200-day moving average (MA200). This indicates that sellers are still dominating the GBPUSD market, and I believe we can still look for selling opportunities today.

Today, I tried to sell gold with a stop-loss order placed at 3344.87 and a take-profit order at 3326.12. Gold on the M15 timeframe: After a sharp price decline, the market briefly attempted a rebound. This was evident in several bullish candlesticks attempting to push the price back above the moving average. However, this upward movement appeared limited and failed to penetrate the resistance level. Instead, the price fell again and consolidated around the predetermined sell entry line. This consolidation reflects a tug-of-war between buyers and sellers, but seller dominance appeared stronger as each rise was quickly followed by rejection.

My open sell order on gold hit my take-profit level, resulting in a profit of $7.96. Today, I'll likely look for selling opportunities in gold, as I see it currently moving below the 200-day moving average (MA200), and there's a possibility it will continue to decline today, as sellers continue to dominate.

Today, I tried to buy USDCAD with a stop-loss at 1.3813 and a take-profit at 1.3867. The recent price increase in USDCAD on the M15 timeframe shows that buyers are beginning to take control of the market. This upward pattern is also indicated by the sudden appearance of a long-bodied bullish candle, indicating a large volume push from buyers. This movement is crucial because it indicates a breakout from a long-term consolidation area, which usually signals the start of a new trend. In this case, the short-term trend is upward, in line with the momentum that has developed.

My open buy order on USDCAD hit my take profit, resulting in a profit of $2.02. USDCAD appears to be rising today, and at the market open today, it was already at 1.3866, with a potential further rise today.