Ikhtiar Trading Jurnal

Posts: 21202 · #3556 - October 22, 2025, 09:04:01 AM

Today I attempted to sell gold with a stop-loss order placed at 4158.81 and a take-profit order at 4029.76. Gold is currently trending downwards after experiencing a strong uptrend. The price appears to be moving below the red Moving Average line, which serves as a medium-term trend indicator. The price's continued position below the moving average indicates that bearish momentum remains dominant, and an upward reversal has not yet been strongly confirmed. The downward slope of the moving average also confirms that selling pressure continues to dominate the market during this time period.

Posts: 21202 · #3557 - October 22, 2025, 09:06:12 AM

Today I attempted to sell GBPJPY with my stop-loss placed at 202.50 and take-profit at 201.65. GBPJPY on the 15 timeframe. A closer look reveals a reversal pattern resembling a double top, forming in the 203.30?203.40 area. This pattern is a classic signal indicating a potential downward trend reversal. After the neckline of this pattern was broken, the price declined quite rapidly, providing strong technical confirmation from a price action perspective. The bearish momentum was further reinforced by the lack of significant buying activity as the price approached the Moving Average, meaning this line now acts as dynamic resistance, holding back any attempts to rise.

Posts: 21202 · #3558 - October 22, 2025, 10:47:28 AM

Today I attempted to sell USDCAD with a stop-loss order placed at 1.4027 and a take-profit order at 1.4005. The ongoing upward movement of USDCAD on the M15 timeframe tends to be weak because no bullish candle has yet broken through the key resistance area around the Moving Average. If the price fails to break through this area and a reversal pattern such as a pin bar or bearish engulfing pattern forms, it could be a strong signal that selling pressure will increase again. This condition is usually followed by a continued decline towards the previous support area in the range of 1.3980 to 1.3950.

Posts: 21202 · #3559 - October 22, 2025, 10:49:34 AM

Today I attempted to sell EURJPY with a stop-loss order placed at 176.08 and a take-profit order at 175.66. The EURJPY price on the M15 timeframe shows that the price attempted to rise again to the area around the Moving Average line, but failed to break above it. The price's failure to break through this area indicates that this zone is now a fairly strong resistance area. Technically, the price's failure to stay above the Moving Average is usually a sign of a short-term trend reversal. Meanwhile, the price movement pattern formed a series of lower highs and lower lows, which is characteristic of a bearish market.

Posts: 21202 · #3560 - October 22, 2025, 10:52:11 AM

Today I attempted to buy USDJPY with a stop-loss order placed at 151.45 and a take-profit order at 152.21. USDJPY on the M15 timeframe. In the context of the medium-term trend, the price, which remains above the Moving Average, indicates a persistent bullish trend. The red line acts as dynamic support, thus far resisting corrective pressure. Despite several attempts by sellers to push the price lower, no candlesticks have significantly penetrated the Moving Average. This indicates that buyers still maintain control of the market direction, although their momentum is starting to wane due to their inability to break through the key resistance area above.

#3561 - **Today** at 03:56:13 PM

Posts: 21202 · #3561 - October 22, 2025, 10:54:15 AM

Today I attempted to buy USDCHF with a stop-loss at 0.7948 and a take-profit at 0.7992. USDCHF on the M15 timeframe. From a price action perspective, several candlestick patterns reinforce the upward trend, such as a series of long-bodied bullish candles, indicating buyer dominance. Volatility also increased as the price attempted to break through the resistance level, indicating market activity and the potential for further, larger movements. However, traders should still be aware of the possibility of a small pullback before the price continues to rise, as resistance areas are often potential profit-taking areas.

Posts: 21202 · #3562 - October 22, 2025, 11:15:48 PM

Quote from: Ikhtiar on October 22, 2025, 08:56:40 AM

Today I attempted to sell EURUSD with a stop-loss order placed at 1.1616 and a take-profit order at 1.1581. The current EURUSD position on the M15 timeframe reflects a situation where buyers are losing confidence in maintaining their positions, while sellers are capitalizing on the momentum to increase pressure. When prices continue to decline with increasing volume, this is often a sign that the market is in an active distribution phase. New buyers who enter too quickly risk incurring floating losses, especially in the absence of clear reversal signals or confirmation from additional indicators such as the RSI or MACD.

My open sell position on EURUSD hit the take profit, resulting in a $1.70 profit. On the 15-month timeframe, EURUSD briefly rose to 1.1622 and broke through the 200-day moving average (MA200). However, it now appears to be falling again and is starting to move below the 200-day moving average (MA200).

Posts: 21202 · #3563 - October 22, 2025, 11:19:08 PM

Quote from: Ikhtiar on October 22, 2025, 08:59:12 AM

Today I attempted to sell GBPUSD with my stop-loss placed at 1.3351 and take-profit at 1.3299. On the M15 timeframe, GBPUSD experienced a lengthy consolidation phase before experiencing a sharp decline with strong momentum. The bearish volume spike that caused this downward movement indicates a massive sell-off, possibly triggered by the release of fundamental data or specific economic news. After this sharp movement, the price attempted to stabilize within a narrow area, forming a small consolidation pattern, which usually serves as a temporary pause before the trend resumes its main movement.

My open sell position on GBPUSD hit my stop-loss, resulting in a loss of $2.80. At today's market opening, GBPUSD was still seen moving below the 200-day moving average (MA200). Previously, GBPUSD had tested the supply area at 1.3378, but failed. GBPUSD is likely to continue falling today.

Posts: 21202 · #3564 - October 22, 2025, 11:21:41 PM

Quote from: Ikhtiar on October 22, 2025, 09:01:20 AM

Today I attempted to buy USDX with a stop-loss order placed at 98.81 and a take-profit order at 99.23. On the M15 timeframe, the USDX price moved sideways around the moving average (MA) line before finally breaking upward. Upward momentum began to strengthen after the price managed to stay above the line, indicating that selling pressure had weakened and buying strength was solidifying. This pattern indicates a natural transition from the accumulation phase to the expansion phase, where buyers begin to take control and push the price to higher levels.

My open buy position on USDX hit my stop-loss, resulting in a loss of $2.20. The USDX is currently testing the 200-day moving average (MA200) on the M15 timeframe. If it breaks through, it will likely fall, at least to the support area at 98.48.

Posts: 21202 · #3565 - October 22, 2025, 11:25:18 PM

Quote from: Ikhtiar on October 22, 2025, 09:04:01 AM

Today I attempted to sell gold with a stop-loss order placed at 4158.81 and a take-profit order at 4029.76. Gold is currently trending downwards after experiencing a strong uptrend. The price appears to be moving below the red Moving Average line, which serves as a medium-term trend indicator. The price's continued position below the moving average indicates that bearish momentum remains dominant, and an upward reversal has not yet been strongly confirmed. The downward slope of the moving average also confirms that selling pressure continues to dominate the market during this time period.

My open sell position in gold hit my take profit, netting me a profit of $60.49. This week, gold has indeed been seen falling, even forming a bearish candle on the weekly candle. Judging by the pattern formed by gold, I believe it will likely continue to decline today.

Posts: 21202 · #3566 - October 22, 2025, 11:30:14 PM

Quote from: Ikhtiar on October 22, 2025, 09:06:12 AM

Today I attempted to sell GBPJPY with my stop-loss placed at 202.50 and take-profit at 201.65. GBPJPY on the 15 timeframe. A closer look reveals a reversal pattern resembling a double top, forming in the 203.30?203.40 area. This pattern is a classic signal indicating a potential downward trend reversal. After the neckline of this pattern was broken, the price declined quite rapidly, providing strong technical confirmation from a price action perspective. The bearish momentum was further reinforced by the lack of significant buying activity as the price approached the Moving Average, meaning this line now acts as dynamic resistance, holding back any attempts to rise.

My open sell position on GBPJPY hit my stop-loss, resulting in a loss of $3.23. GBPJPY is currently moving above the 200-day moving average (MA200) on the 15-month timeframe. If it breaks through the resistance area at 203.24, it will likely rise to at least 203.50.

Posts: 21202 · #3567 - October 24, 2025, 10:05:19 AM

Today I attempted to buy EURUSD with a stop-loss order placed at 1.1596 and a take-profit order at 1.1631. EURUSD on the M15 timeframe. From the visible price movement pattern, the market is currently in a consolidation phase after previously experiencing a significant decline. This can be observed from the price movement, which tends to be flat around the 1.1600 to 1.1620 area, with several attempts to break through the resistance level but failing to sustain stronger bullish momentum. This pattern generally indicates market uncertainty, where market participants are still waiting for a clearer direction before making large-scale buying or selling actions.

Posts: 21202 · #3568 - October 24, 2025, 10:07:45 AM

Today I attempted to sell GBPUSD with my stop-loss placed at 1.3337 and take-profit at 1.3304. GBPUSD on the M15 timeframe. The resulting price structure shows that after a sharp decline at the start of the chart, the price briefly retracement upwards but failed to break through the resistance area around 1.3330. From there, selling pressure reappeared, pushing the price down to around 1.3300, which appears to be a temporary support zone. The fluctuating price movement between these two levels forms a small consolidation pattern within a larger downtrend.

Posts: 21202 · #3569 - October 24, 2025, 10:10:16 AM

Today I attempted to buy USDX with a stop-loss order placed at 98.89 and a take-profit order at 99.18. On the M15 timeframe, USDX showed several candlesticks with long tails at the bottom, indicating strong rejection from the support area. This indicates that buyers are still active at lower levels and are trying to maintain upward momentum. However, it's also important to be wary of several candlesticks with small bodies in the resistance area, indicating a weakening of buying momentum around the price peak. This condition is often an early signal that the market could experience a short-term correction before resuming the main trend.

Posts: 21202 · #3570 - October 24, 2025, 10:37:48 AM

Today I tried selling gold with a stop-loss order at 4090.15 and a take-profit order at 4037.03. Gold on the M15 timeframe. From a price action perspective, several candlesticks with long tails in the lower area indicate buying pressure attempting to stem the price decline, but not yet strong enough to reverse the overall trend. Candlesticks with small bodies that appear after a sharp decline indicate a consolidation phase, where the market is awaiting further direction. Typically, this pattern is followed by a major movement when the price breaks through the consolidation boundary, either upward or downward.