Ikhtiar Trading Jurnal

Today I attempted to sell USDJPY with a stop-loss order at 146.58 and a take-profit order at 146.11. On the M15 timeframe, USDJPY attempted to hold a consolidation area at the mid-range level, but failed to break above and continued its decline under significant pressure. The resulting candlestick pattern indicates consistent weakness, particularly with lower highs and lower lows, further emphasizing the downtrend.

My open sell position on USDJPY today hit my stop-loss, resulting in a loss of $1.50. Looking at the recent movement of USDJPY, it appears to have fallen quite significantly, reaching 145.50. However, it has since rebounded, reaching 146.85.

Today I attempted to sell CADJPY with a stop-loss at 106.72 and a take-profit at 106.33. CADJPY on the M15 timeframe. Looking at the price movement pattern, the short-term bias remains bearish as long as the price fails to break above the red moving average line. Even if a sudden increase occurs, it is likely a temporary pullback, not a major trend change.

My open sell position on CADJPY today hit my stop-loss, resulting in a loss of $1.37. I believe CADJPY will likely rise again today, as it appears to have successfully broken through the 200-day moving average (MA200). The next target could be a rise to test the resistance area at 106.73.

Today I attempted to buy AUDUSD with a stop-loss order placed at 0.6672 and a take-profit order at 0.6706. A closer look at the AUDUSD on the M15 timeframe reveals that the price moved sideways or consolidated after a significant increase. This consolidation can be interpreted as a balancing phase between buyers and sellers before the market determines its next direction. However, the broader trend is still upward, so the chances of continued upside are greater than a reversal. From a technical perspective, the safest strategy is to follow the current trend.

My open buy position on AUDUSD today hit my stop-loss, resulting in a loss of $1.60. AUDUSD actually rose and formed a bullish engulfing candle, but on the 15-month timeframe, it appears to have fallen again and is currently attempting to break through the support area at 0.6641.

Today I attempted to buy EURGBP with a stop-loss at 0.8678 and a take-profit at 0.8710. EURGBP on the M15 timeframe. Analyzing the price action, the recent movement indicates a bullish continuation pattern. After a sharp rise, the price didn't immediately reverse downwards, but instead held near the upper area with a relatively small candlestick. This pattern often indicates the market is gathering steam before continuing its next upward movement. As long as there's no strong reversal pattern, the potential for the uptrend to continue is still very high. If the price breaks through the resistance level marked with the profit target, the potential for further upside is significant.

My open buy position on EURGBP today hit my stop-loss, resulting in a loss of $2.32. On the M15 timeframe, EURGBP appeared to be attempting to break through the 200-day moving average (MA200) but failed. Therefore, I believe buyers are still dominating EURGBP, and we can look for buying opportunities today.

Today I attempted to sell GBPUSD with a stop-loss order at 1.3597 and a take-profit order at 1.3510. GBPUSD on the M15 timeframe. Looking at the overall trend, the price showed an upward movement at the beginning of the period. However, after reaching a peak, the price began to weaken and fell sharply, breaking through the red moving average line on the chart. This moving average line is sloping downward, reinforcing the current bearish trend. Price action analysis further confirms seller dominance. After the price failed to break through the upper resistance area, a market structure formed with lower highs and lower lows.

Today, I attempted to sell gold with a stop-loss order placed at 3650.43 and a take-profit order at 3630.01. On the M15 timeframe, Gold exhibited a long candlestick with quite extreme upper and lower shadows. This pattern indicates uncertainty or a fierce battle between buyers and sellers, but the price eventually stabilized in the lower area. This type of candlestick often appears during periods of high volatility and can signal the beginning of a major movement. Afterward, several consecutive bearish candlesticks emerged, confirming seller dominance. Furthermore, a bearish engulfing pattern was also seen in several areas, where a larger bearish candlestick engulfed the previous bullish candlestick. This indicates that buyers are losing ground after trying to push the price up.

Today I attempted to buy USDCAD with a stop-loss order at 1.3781 and a take-profit order at 1.3816. The USDCAD price on the M15 timeframe shows that the short-term trend remains bullish. Buyers remain in control, despite the current consolidation pause. The wisest strategy is to follow the main trend, taking advantage of buying opportunities when the price corrects to key support areas.