Ikhtiar Trading Jurnal

Posts: 20395 · #3571 - October 24, 2025, 10:40:18 AM

Today I attempted to buy GBPJPY with my stop-loss placed at 203.32 and take-profit at 204.09. GBPJPY on the M15 timeframe. From a price action perspective, there are several candlesticks with long lower tails around the 203.40 area, indicating strong buying pressure every time the price attempts to decline. Conversely, candlesticks with upper tails near 203.90 indicate that this area is temporary resistance that needs to be broken for the bullish trend to continue. The overall candlestick pattern indicates a mild consolidation phase between these support and resistance areas. This condition usually signals market preparation for the next strong move.

Posts: 20395 · #3572 - October 24, 2025, 10:42:55 AM

Today I attempted to buy USDCAD with a stop-loss order placed at 1.4002 and a take-profit order at 1.4046. On the M15 timeframe, USDCAD witnessed significant momentum when the price broke through the red moving average (MA) line from the bottom up with a strong, long candle. This breakout indicated a significant new buying momentum, followed by a rapid rise towards the 1.4020 area. After breaking through the MA, the price made a slight pullback but remained above the line, which now serves as new dynamic support. This pattern reinforces the signal that a trend reversal is underway. As long as the price does not break through the MA line again, the market bias will remain positive.

Posts: 20395 · #3573 - October 24, 2025, 10:45:29 AM

Today I attempted to buy EURJPY with a stop-loss order placed at 177.26 and a take-profit order at 178.07. The EURJPY technical structure on the M15 timeframe indicates that the nearest support is around 177.20 to 177.30. This area has been tested several times and has so far withstood selling pressure. Therefore, this zone can be considered a key defensive area for buyers. As long as the price remains above this area, the trend remains positive, and the potential for an increase is much greater than the potential for a reversal.

#3574 - **Today** at 06:41:14 AM

Posts: 20395 · #3574 - October 24, 2025, 10:47:47 AM

Today I attempted to buy USDJPY with a stop-loss order placed at 152.74 and a take-profit order at 153.28. USDJPY on the M15 timeframe. At the beginning of the movement, the price moved sideways before finally breaking out upwards, indicating a significant increase in buying interest. After breaking through the consolidation area, the price continued to strengthen, following a healthy, gradual upward pattern. Each retracement occurred, the price remained stuck around the moving average (MA) line before resuming its upward movement. This pattern suggests that buyers are capitalizing on every correction to increase their positions, a strong indication of a solid bullish trend.

Posts: 20395 · #3575 - October 24, 2025, 10:50:11 AM

Today I attempted to buy USDCHF with my stop-loss placed at 0.7945 and take-profit at 0.7982. USDCHF on the M15 timeframe. In terms of price structure, there are two important areas to pay attention to. The main support area is around 0.7945, which is the lower limit of the current movement. This area previously successfully held back price declines and was the site of a fairly strong buying reaction. Meanwhile, the nearest resistance is around 0.7970?0.7975, which coincides with the position of the red moving average line and the buy entry area on the chart. If the price manages to break through this resistance with a long-bodied bullish candle, the potential for an increase towards the take-profit level around 0.7990 is wide open.

Posts: 20395 · #3576 - October 24, 2025, 10:54:04 AM

Today I attempted to buy CADJPY with a stop-loss order at 108.78 and a take-profit order at 109.42. On the M15 timeframe, the CADJPY moving average (MA) line continues to rise, indicating that the overall market structure remains healthy and bullish. As long as the price moves above this line, a buy-on-dip strategy remains the most effective approach. In other words, traders can wait for a price drop near the support area to buy, hoping for a rebound. This pattern often occurs in markets in a sustained uptrend, where any short-term corrections serve as opportunities to buy at lower prices.

Posts: 20395 · #3577 - October 24, 2025, 11:37:19 PM

Quote from: Ikhtiar on 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.

My open buy position on EURUSD hit my take profit, earning me a profit of $1.50. On the M15 timeframe, EURUSD is currently still moving above the 200-day moving average (MA200). It's likely to continue rising on Monday, as I currently see buyers still dominating the EURUSD market in the short term.

Posts: 20395 · #3578 - October 24, 2025, 11:40:10 PM

Quote from: Ikhtiar on 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.

My open sell position on GBPUSD hit take profit, resulting in a $1.70 profit. On the M15 timeframe, GBPUSD briefly rose to 1.3365 and broke through the 200-day moving average (MA200). However, sellers apparently fought back, and it is now back below the 200-day moving average (MA200).

Posts: 20395 · #3579 - October 24, 2025, 11:42:48 PM

Quote from: Ikhtiar on 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.

My open sell position in gold hit my stop-loss, resulting in a loss of $24.19. Looking at the gold price movement on the 15-month timeframe, it appears to have broken through the 200-day moving average (MA200) and formed a new resistance area at 4138.63. I believe gold will continue to rise on Monday.