Ikhtiar Trading Jurnal

Posts: 21202 · #3601 - October 27, 2025, 11:42:47 PM

Today I attempted to sell gold with a stop-loss order placed at 4062.39 and a take-profit order at 3957.68. Gold on the M15 timeframe: A closer look reveals that the recent candles show a small consolidation pattern in the lower area, which could be interpreted as an accumulation phase before the next decline. Relatively stable trading volume in this area indicates that some market participants are awaiting confirmation of the next direction. If the price manages to break through the support level near the take-profit target, the chance of continued weakness to the next support area increases. However, if the price rebounds and breaks through the 200-day moving average (MA200) with a strong candle, this could signal a potential trend change.

Posts: 21202 · #3602 - October 27, 2025, 11:46:22 PM

Today I attempted to buy GBP/JPY with a stop-loss order placed at 203.59 and a take-profit order at 204.03. GBP/JPY on the M15 timeframe. The price structure on the chart shows that after experiencing a significant increase, GBP/JPY is currently in a mild consolidation phase around a dynamic support area formed near the 200-day moving average (MA200). The correction appears reasonable as the price attempts to test the strength of this support area as a springboard for potential further upside. This pattern is often a healthy signal in an uptrend, where the market rebalances before resuming its bullish momentum. As long as the price doesn't break below the 200-day moving average (MA200), the likelihood of further upside remains high.

Posts: 21202 · #3603 - October 27, 2025, 11:48:29 PM

Today I attempted to sell USDCAD with a stop-loss order placed at 1.4001 and a take-profit order at 1.3964. USDCAD on the M15 timeframe. The price structure shows a double top formed before experiencing a significant decline. This pattern is a classic indication of a potential bullish to bearish reversal. After the sharp decline, the price attempted a retracement but was again held back near the moving average line. This pattern often signals a market in a distribution phase, where major market participants begin to unwind their long positions and push the price to continue its gradual decline.

Posts: 21202 · #3604 - October 27, 2025, 11:51:05 PM

Today I attempted to buy EURJPY with a stop-loss order placed at 177.64 and a take-profit order at 178.22. On the M15 timeframe, EURJPY price movement shows a pattern of higher highs and higher lows, indicating the uptrend is still intact despite the current temporary decline. This pattern often occurs as part of a natural retracement before bullish momentum re-establishes. Furthermore, the rising moving average reinforces the view that market sentiment still favors buying. The current selling pressure does not appear strong enough to reverse the trend, as the declining volume is relatively small and the candlesticks tend to have long lower shadows, indicating a buying reaction whenever the price approaches the support area.

Posts: 21202 · #3605 - October 27, 2025, 11:54:01 PM

Today I attempted to sell USDJPY with a stop-loss order placed at 152.89 and a take-profit order at 152.50. Technically, USDJPY is forming a pattern of lower highs and lower lows on the M15 timeframe, indicating a trend change from neutral to bearish. Long bearish candlesticks reinforce the signal that market participants are starting to sell more. A decline below the moving average indicates a loss of buyer power to maintain the price above a certain psychological level. While small upward corrections may occasionally occur, as long as the price remains below the red line, the potential for further decline remains substantial.

#3606 - **Today** at 11:58:47 AM

Posts: 21202 · #3606 - October 27, 2025, 11:56:12 PM

Today I attempted to sell USDCHF with a stop-loss order at 0.7954 and a take-profit order at 0.7937. On the M15 timeframe, the current price structure of USDCHF supports a continued downward scenario. The long bearish candlestick in the lower area indicates consistent and growing selling pressure. There was no strong reaction from buyers to defend the price, indicating that market sentiment is leaning toward the downside. Furthermore, the slowly sloping moving average further emphasizes the trend change from neutral to bearish. This pattern often signals the beginning of a longer downtrend, especially if the price manages to stay below a psychological level like 0.7950.

Posts: 21202 · #3607 - October 27, 2025, 11:58:20 PM

Today I attempted to sell CADJPY with a stop-loss at 109.38 and a take-profit at 109.06. On the M15 timeframe, CADJPY attempted to break above the resistance area several times, but each rise failed to form a strong higher high. This situation suggests that market participants were still hesitant to maintain long positions at the upper levels, leading to gradual selling pressure. After several tests, the price finally broke below the moving average line, followed by the formation of a fairly firm bearish candle. This momentum indicates that sellers now have short-term control of the price movement. The price's position below the red line reinforces the suspicion that the short-term trend is shifting to the bearish side.

Posts: 21202 · #3608 - October 28, 2025, 11:42:51 PM

Quote from: Ikhtiar on October 27, 2025, 11:34:15 PM

Today I attempted to buy EURUSD with my stop-loss placed at 1.1637 and take-profit at 1.1675. On the M15 timeframe, EURUSD's price structure shows a gradual formation of higher lows and higher highs, albeit with relatively low volatility. This pattern indicates consistent buying pressure, but it hasn't been strong enough to break through the key resistance level around the buy entry price, marked by the dashed green line. This level appears to be a crucial testing area for the price before continuing its upward movement to the take-profit area marked by the upper orange line. Meanwhile, the stop-loss is below the minor support level, providing ample room for price fluctuations without prematurely closing the position due to minor corrections.

My open sell position on EURUSD hit my stop-loss, resulting in a loss of $1.80. EURUSD was seen moving above the 200-day moving average (MA) in today's trading. Before that, it appeared to fall and form a support area at 1.1625.

Posts: 21202 · #3609 - October 28, 2025, 11:45:43 PM

Quote from: Ikhtiar on October 27, 2025, 11:36:59 PM

Today I attempted to buy GBPUSD with a stop-loss at 1.3324 and a take-profit at 1.3363. On the M15 timeframe, the GBPUSD price structure shows a gradual pattern of higher lows, indicating a potential trend reversal toward upside. Although there hasn't been a surge in volume or a large candle indicating a strong breakout, the price's consistency in maintaining its position above the moving average is an early positive signal for buyers.

My open buy position on GBPUSD hit the take profit level, resulting in a profit of $1.90. GBPUSD is currently in a bearish trend, as evidenced by its movement well below the 200-day moving average (MA200). There's a possibility it will continue to decline today, so we can look for sell opportunities.

Posts: 21202 · #3610 - October 28, 2025, 11:48:19 PM

Quote from: Ikhtiar on October 27, 2025, 11:39:43 PM

Today I attempted to sell the USDX with a stop-loss order placed at 98.91 and a take-profit order at 98.65. The USDX's M15 timeframe indicates that the dollar index is under measurable selling pressure, with a high probability of continued weakness in the near term. The technical structure supports a bearish outlook, as the price has broken through minor support and failed to hold above the 200-day moving average (MA200).

My open sell position on the USDX hit the take profit, earning me a profit of $1.30. Looking at the USDX's movement on the 15-day moving average (TF), I see that it briefly broke through the 200-day moving average (MA200), but now it appears to be falling again. This indicates that buyers are currently unable to push the USDX higher.

Posts: 21202 · #3611 - October 28, 2025, 11:51:01 PM

Quote from: Ikhtiar on October 27, 2025, 11:42:47 PM

Today I attempted to sell gold with a stop-loss order placed at 4062.39 and a take-profit order at 3957.68. Gold on the M15 timeframe: A closer look reveals that the recent candles show a small consolidation pattern in the lower area, which could be interpreted as an accumulation phase before the next decline. Relatively stable trading volume in this area indicates that some market participants are awaiting confirmation of the next direction. If the price manages to break through the support level near the take-profit target, the chance of continued weakness to the next support area increases. However, if the price rebounds and breaks through the 200-day moving average (MA200) with a strong candle, this could signal a potential trend change.

My open sell position on gold hit the take profit level, earning me a profit of $45.85. It seems gold is currently under serious seller pressure, as there are no signs of it rising, and we can still look for selling opportunities today.

Posts: 21202 · #3612 - October 28, 2025, 11:53:58 PM

Quote from: Ikhtiar on October 27, 2025, 11:46:22 PM

Today I attempted to buy GBP/JPY with a stop-loss order placed at 203.59 and a take-profit order at 204.03. GBP/JPY on the M15 timeframe. The price structure on the chart shows that after experiencing a significant increase, GBP/JPY is currently in a mild consolidation phase around a dynamic support area formed near the 200-day moving average (MA200). The correction appears reasonable as the price attempts to test the strength of this support area as a springboard for potential further upside. This pattern is often a healthy signal in an uptrend, where the market rebalances before resuming its bullish momentum. As long as the price doesn't break below the 200-day moving average (MA200), the likelihood of further upside remains high.

My open sell position on GBPJPY hit my stop-loss, resulting in a loss of $1.31. GBPJPY is currently moving well below the 200-day moving average (MA200) on the 15-month timeframe. It's likely to continue falling today due to ongoing seller pressure.

Posts: 21202 · #3613 - October 28, 2025, 11:56:21 PM

Quote from: Ikhtiar on October 27, 2025, 11:48:29 PM

Today I attempted to sell USDCAD with a stop-loss order placed at 1.4001 and a take-profit order at 1.3964. USDCAD on the M15 timeframe. The price structure shows a double top formed before experiencing a significant decline. This pattern is a classic indication of a potential bullish to bearish reversal. After the sharp decline, the price attempted a retracement but was again held back near the moving average line. This pattern often signals a market in a distribution phase, where major market participants begin to unwind their long positions and push the price to continue its gradual decline.

My open sell position on USDCAD hit my stop-loss, resulting in a loss of $1.21. USDCAD on the 15-day moving average (M15) opened today, dropping quite sharply to 1.3931. However, I believe it's possible the USDCAD will correct upwards before continuing its decline.

Posts: 21202 · #3614 - October 29, 2025, 11:50:17 PM

Today I sold EURUSD with a stop-loss at 1.1618 and a take-profit at 1.1583. On the M15 timeframe, EURUSD appears to be attempting a small rebound or pullback, but has not yet been able to reach the moving average line. This movement is often called a temporary retracement, where the market attempts to retest a new resistance area formed from a previously broken support level. If this pullback fails to break through the resistance around 1.1620?1.1630, the downtrend will likely continue, with the next downside target being around 1.1570 to 1.1550, as seen by the horizontal line on the chart marking the take-profit level.

Posts: 21202 · #3615 - October 29, 2025, 11:55:23 PM

Today I sold GBPUSD with a stop-loss order at 1.3233 and a take-profit order at 1.3154. GBPUSD on the M15 timeframe: After a sharp decline, the price appears to have staged a small rebound or retracement. However, this movement appears weak and is unable to break through the key resistance area around 1.3200?1.3220. This indicates that buyers still lack sufficient strength to reverse the trend, while sellers tend to wait at higher levels to resume selling pressure. In terms of price patterns, this type of movement usually indicates a pause before the market resumes its downward trend.