Ikhtiar Trading Jurnal

Today I attempted to sell AUDUSD with a stop-loss order at 0.7024 and a take-profit order at 0.6995. On the M15 timeframe, AUDUSD shows seller dominance, although the downward pressure is no longer as aggressive as in the initial phase. The structure that is quite clear is a strong bearish impulse at the beginning, followed by a correction and consolidation phase. However, the series of bounces hasn't been enough to turn the larger structure into a bullish one.

My open sell position on AUDUSD hit my take profit, netting me a profit of $1.10. AUDUSD experienced a small correction today, but I believe it could potentially fall again today.

Today I attempted to buy EURGBP with a stop-loss at 0.8663 and a take-profit at 0.8697. On the M15 timeframe, EURGBP was relatively stable in the lower area, then a sharp, impulsive rise occurred. In price action, downward impulses like this are crucial because they indicate a price change.

Finally, my open buy position on EURGBP hit my stop-loss, resulting in a loss of $2.38. For EURGBP, I think it's safer to look for sell opportunities today, as it's still in a bearish trend. This can be seen from the EURGBP's movement, which is currently still well below the 200-day moving average (MA200).