Ikhtiar Trading Jurnal

Today I attempted to sell GBPJPY with a stop-loss at 199.32 and a take-profit at 198.52. The sharp decline in GBPJPY on the M15 timeframe after a significant rise indicates profit-taking by buyers and the influx of aggressive selling pressure. Currently, the price appears to be moving closer to the 200-day moving average (MA) and even briefly broke below it before a small rebound. This situation reflects a phase of market uncertainty, where buyers are still trying to maintain the uptrend, but sellers are exerting significant downward pressure on the price.

My open sell position on GBPJPY hit the take profit level, resulting in a profit of $2.43. Looking at the GBPJPY movement on the M15 timeframe, it appears to have initially risen, but has now returned below the 200-day moving average (MA200), indicating that the GBPJPY trend is still bearish.

Today I attempted to buy USDCHF with a stop-loss order placed at 0.8027 and a take-profit order at 0.8065. On the M15 timeframe, the USDCHF price surge was followed by the formation of a long bullish candle, confirming significant buying strength in a short period of time. After this sharp rise, the price began to enter a consolidation or mild retracement phase. This phase is evident from the slight sideways movement after reaching the 0.8050 area, the nearest resistance level. This is perfectly normal, as the market needs a pause before continuing its next move. As long as the price remains above the 0.8020 to 0.8000 support area, the uptrend remains intact.

My open buy position on USDCHF hit my stop-loss, resulting in a loss of $1.99. USDCHF is likely to continue rising today, and we can look for buying opportunities as the current trend remains bullish.

Today I attempted to sell EURUSD with my stop-loss placed at 1.1670 and take-profit at 1.1621. On the M15 timeframe, EURUSD saw an upward spike approaching the moving average line, but failed to significantly penetrate it. The price rejection at this moving average area indicates that this level remains a fairly strong dynamic resistance level. This reinforces the signal that the dominant trend remains bearish, and the opportunity for further declines remains open if selling pressure increases again.

Today I attempted to buy USDX with my stop-loss placed at 98.09 and take-profit at 98.58. The USDX on the M15 timeframe showed price movement after the correction, indicating an attempt to maintain the uptrend, although slight selling pressure formed around 98.60, the nearest resistance. Currently, the price is moving in the 98.30s, still above the moving average. This condition signals that the bullish trend is not over, but the upward momentum has slowed slightly compared to before. Price consolidation in this area could indicate that the market is gathering strength to continue rising or, conversely, preparing for a deeper correction.

Today I attempted to buy GBPJPY with a stop-loss order placed at 198.94 and a take-profit order at 199.64. GBPJPY on the M15 timeframe. From a price action perspective, the current price structure suggests the potential for a new uptrend. However, to confirm this, the price needs to break through the nearest resistance level around 199.50 to 199.70. If the breakout occurs with significant volume, the potential for a move to the next psychological level around 200.00 will increase. Conversely, if the price fails to break through the resistance area and instead falls again, the possibility of retesting the support area around 198.90 to 198.70 increases.

Today I attempted to buy USDX with my stop-loss placed at 98.09 and take-profit at 98.58. The USDX on the M15 timeframe showed price movement after the correction, indicating an attempt to maintain the uptrend, although slight selling pressure formed around 98.60, the nearest resistance. Currently, the price is moving in the 98.30s, still above the moving average. This condition signals that the bullish trend is not over, but the upward momentum has slowed slightly compared to before. Price consolidation in this area could indicate that the market is gathering strength to continue rising or, conversely, preparing for a deeper correction.

My open buy on USDX hit my stop loss, resulting in a loss of $2.80. The USDX on the M15 timeframe at today's market opening was seen touching the 200-day moving average (MA200). If it moves below the 200-day moving average (MA200), the USDX trend will likely shift to bearish, and we can look for sell opportunities.

Today I attempted to buy GBPJPY with a stop-loss order placed at 198.94 and a take-profit order at 199.64. GBPJPY on the M15 timeframe. From a price action perspective, the current price structure suggests the potential for a new uptrend. However, to confirm this, the price needs to break through the nearest resistance level around 199.50 to 199.70. If the breakout occurs with significant volume, the potential for a move to the next psychological level around 200.00 will increase. Conversely, if the price fails to break through the resistance area and instead falls again, the possibility of retesting the support area around 198.90 to 198.70 increases.

My open buy order on GBPJPY hit the take profit level, earning me a profit of $2.42. Currently, GBPJPY appears to be trading sideways and is testing the 200-day moving average (MA200). If GBPJPY manages to break through the support at 198.45 today, it's likely to continue falling today.

Today I attempted to buy GBPUSD with a stop-loss order placed at 1.3424 and a take-profit order at 1.3474. The GBPUSD price structure on the M15 timeframe shows a consolidation phase after a sharp rise. This consolidation is characterized by a fairly prolonged sideways movement around 1.3430 to 1.3460. With strong support around 1.3410 and immediate resistance at 1.3470, the market is trying to determine its next direction.