Ikhtiar Trading Jurnal

Today I attempted to sell Filecoin with a stop-loss order placed at 2,342 and a take-profit order at 2,263. On the M15 timeframe, Filecoin shows a preponderance of bearish candles over bullish ones, both in terms of size and volume. This indicates that every time the price attempts to rise, selling pressure reappears, pushing it down. This pattern is often referred to as a "bearish continuation pattern," indicating a high probability of continued price decline after the retracement is complete. The area around 2.32?2.34 now acts as new resistance, having previously served as support. If the price fails to break through this level, another wave of decline is likely to occur towards the support area around 2.26?2.23.

My open sell position on Filecoin hit my stop-loss, resulting in a loss of $0.19. Filecoin was seen moving below the M200 level at market open today. Technically, Filecoin is currently in a bearish trend, and we can still look for selling opportunities.

Today I attempted to sell EURUSD with a stop-loss order placed at 1.1679 and a take-profit order at 1.1629. On the M15 timeframe, EURUSD price structure consistently shows lower highs and lower lows. After the previous sharp decline, the price pulled back to the area around the moving average, but failed to break through and fell again. This indicates that this area serves as a fairly strong dynamic resistance. Furthermore, the volume or strength of the movement during the pullback appears weaker than the previous downward momentum, reinforcing the signal that the rise is merely corrective, not a trend reversal.

Today I attempted to buy USDX with a stop-loss order placed at 98.37 and a take-profit order at 98.85. On the M15 timeframe, the USDX appears to be clearly trending bullish. This is evident from the price moving above the red line, which is a medium- to long-term moving average indicator. As long as the price remains above this line, buyers are still in control of the market. Furthermore, the upward slope of the moving average reinforces the signal that the uptrend is continuing and shows no significant signs of weakening.

Today I attempted to buy GBPJPY with a stop-loss at 203.23 and a take-profit at 204.94. GBPJPY on the M15 timeframe. From the general view, it's clear that the price is in a strong and stable uptrend. The red line on the chart, which is a moving average indicator, shows an upward slope, indicating the dominance of the medium-term bullish trend. As long as the price continues to move above this line, the market direction is still dominated by buyers. This condition indicates that buying interest in this currency pair remains high, and the potential for a continuation of the uptrend remains wide open.

Today I attempted to buy EURJPY with a stop-loss order placed at 176.55 and a take-profit order at 177.74. EURJPY on the M15 timeframe. Looking at the price action, the price movement structure appears very orderly. When the price retracements, the lower shadows of the candlesticks tend to be long, indicating a strong reaction from buyers defending the support area. The correction did not penetrate the moving average line, indicating that dynamic support is still well-maintained. This behavior indicates that market sentiment remains positive towards this currency pair.

Today I attempted to buy USDCHF with my stop-loss placed at 0.7970 and take-profit at 0.8002. USDCHF on the M15 timeframe. From the candlestick structure, it appears that the price formed a double bottom pattern in the lower area before rebounding and breaking through the moving average line. This pattern is a classic indication of a potential reversal, where selling pressure is no longer able to push the price lower, while buying pressure begins to increase consistently. After this pattern formed, several consecutive bullish candles appeared with relatively long lower shadows, indicating buying action each time the price experienced a temporary decline. This indicates that buying interest in the market is starting to strengthen and could fuel further upside.

Today I attempted to sell EURUSD with a stop-loss order placed at 1.1679 and a take-profit order at 1.1629. On the M15 timeframe, EURUSD price structure consistently shows lower highs and lower lows. After the previous sharp decline, the price pulled back to the area around the moving average, but failed to break through and fell again. This indicates that this area serves as a fairly strong dynamic resistance. Furthermore, the volume or strength of the movement during the pullback appears weaker than the previous downward momentum, reinforcing the signal that the rise is merely corrective, not a trend reversal.

My open sell position on EURUSD hit the take profit level, resulting in a $2.50 profit. EURUSD appears to have fallen significantly today, reaching 1.1597. It's currently moving below the 200-day moving average (MA200) and is likely to fall further.

Today I attempted to buy USDX with a stop-loss order placed at 98.37 and a take-profit order at 98.85. On the M15 timeframe, the USDX appears to be clearly trending bullish. This is evident from the price moving above the red line, which is a medium- to long-term moving average indicator. As long as the price remains above this line, buyers are still in control of the market. Furthermore, the upward slope of the moving average reinforces the signal that the uptrend is continuing and shows no significant signs of weakening.

My open buy position on the USDX hit the take profit, resulting in a $2.50 profit. The USDX on the 15-month timeframe is currently seen moving well above the 200-day moving average (MA200), indicating the trend remains bullish. The USDX also appears to be falling for a correction, but appears to be holding up in the demand area.