Ikhtiar Trading Jurnal

Today I tried to sell EURCHF with a stop-loss at 0.9221 and a take-profit at 0.9203. On the M15 timeframe, EURCHF repeatedly failed to break through the upper limit of the small range and instead continued to test the lower limit, which is usually a sign of bearish continuation.

Today I attempted to sell EURUSD with a stop-loss at 1.1395 and a take-profit at 1.1356. On the M15 timeframe, the strongest first impression of EURUSD was that the market was in a fairly clear bearish position. Even without using many indicators, the price structure itself indicated seller dominance.

My open sell position on EURUSD hit the take profit and I made a profit of $1.70

Today I attempted to buy USDX with a stop-loss at 101.21 and a take-profit at 101.61. On the M15 timeframe, USDX continued to rise, producing a new, higher peak. In price action, this is the most important foundation for reading market direction: who is in control of the structure. On this chart, control is clearly with the buyers.

I opened a buy position on the USDX with a take profit and earned a profit of $1.70. The USDX is currently above the 200-day moving average (MA200) on the M15 timeframe, experiencing a slight correction after forming a resistance area at 101.66.

Today I attempted to sell GBPJPY with a stop-loss order at 213.54 and a take-profit order at 212.96. GBPJPY is currently in a healthy bear market on the M15 timeframe. Retracements are typically shallow, uneven, and often stall before reaching the previous swing high. That's what's visible here.

My open sell position on GBPJPY hit my stop-loss, resulting in a loss of $1.67. GBPJPY briefly rose on the M15 timeframe and hit my stop-loss, but the short-term trend remains bearish.

Today I attempted to sell EURJPY with a stop-loss order at 184.18 and a take-profit order at 183.47. On the M15 timeframe, the EURJPY moving average is trending downward. In practical trading, when the market structure is bearish and the price consistently lies below such a moving average, the primary bias remains sell.

My open sell position on EURJPY hit my take profit, netting me a profit of $1.86. I'll likely continue looking for sell opportunities on EURJPY going forward, as the current trend remains bearish.

Today I tried to buy USDCHF with a stop-loss at 0.8087 and a take-profit at 0.8110. On the M15 timeframe, USDCHF maintained market control throughout, following a bullish pattern. When the price dropped slightly, then traded sideways, then rose again, it indicated that buyers were currently dominating the market.

My open buy position on USDCHF hit the take profit, resulting in a profit of $1.36. USDCHF has the potential to correct, at least toward the nearest demand area, as seen on the M15 timeframe, forming a bearish engulfing candle.

Today I attempted to sell GBPUSD with a stop-loss order at 1.3179 and a take-profit order at 1.3144. On the M15 timeframe, GBPUSD is below the 200-day moving average (MA200). This usually indicates that selling pressure is still dominant over buying pressure. Moving averages aren't the primary determinant of analysis, but they are helpful in understanding the trend context.