My trading journal with FXOpen

[Ifx78]

Hello world, how are you today? The rain has poured quite heavily on the farmers’ fields, giving hope that the crops will produce an abundant harvest.

Back to my trading journal today, write again some words all about the ins and outs of forex trading activity with all the risks and gains involved.

The market on Monday gapped in several currency pairs, including the precious metal gold, which experienced a wide bearish gap. Usually, the price then covers the gap, but yesterday the gold price extended its decline, and the gap has not recovered. The decline in gold was more due to the strengthening of the US dollar after the release of news of the China and US trade tariff cut agreement, which was delay for up to 90 days.

The US dollar index rose as seen from the DXY, which jumped to 101,977 from a low of 100,510. The strengthening USD weakens gold as an asset that does not provide a return. However, gold is still affected by the geopolitical risk of the India-Pakistan war and Netanyahu’s plan to eliminate the Palestinian population.

Meanwhile, Bitcoin yesterday fell slightly and hit the stop loss in profit at 101643, and now Bitcoin is at the 102k level near the lower band. RSI is at level 52 with an upward channel indicating bullish sentiment. Meanwhile, Coinmarketcap’s Fear and Greed index shows a level of 73, slightly down from 75, still indicating the market is in a greedy phase.

Meanwhile, in the oil market, WTI had risen to a high of 63.13, falling again at 61.50, drawing a long wick on the top candle.

Today, we are waiting for US CPI data, which may drive market volatility because it is the data used by the Fed regarding interest rate policy.

[Ifx78]

Hello world, how are you today? It’s been raining for quite a while with moderate intensity. The air is a bit cold around me.

Back to my trading journal today, write down some words all about forex trading activity with all the risk and gain involved.

After successfully logging into the account, I saw the gold price trying to rise after previously dropping with a bearish gap on Monday. The gap has not fully recovered, and here I am trying to open a buy with the hope that the gold price will rise again because the price is in the support zone near the lower band.

The US and China tariff agreement seems to have caused gold to drop, but the good news is that China has increased its gold holdings in April, and several other central banks support gold in the long term.

In the crypto market, Bitcoin is still moving in the range of 104k near the upper band line. The Bollinger band squeeze appears on the H4 timeframe, indicating low market volatility.

Elsewhere, oil prices rose, drawing a bullish candle reaching a high of 63.45 up from a low of 61.25 on Tuesday.

[Ifx78]

Hello world, how are you today? The air is a bit cold around me. Yesterday, it was a little light rain wetting the highway, and a thin fog was visible in the distance.

Back to my trading journal today, write down again some words all related to forex trading activity with all risks and gains.

Yesterday’s gold price fell and hit my stop loss, the bearish gap that occurred on Monday has not recovered, and maybe this week the gap will not close if gold declines more. The decline in gold is in line with the decline in US inflation and tariff concerns that have eased after the US-China agreement.

Gold is now trading in the range of 3181 near the MA 50 on the daily timeframe. The price broke the lower band, further declines may seek support at 3000. Trying to speculate when the market is consolidating by betting on an open sell with a stop loss above the high level.

In the crypto market, Bitcoin is still holding in the range of 103k near the middle band. On the H4 timeframe there is a Bollinger band squeeze reflecting low market volatility.

Elsewhere, WTI oil prices fell to around 61.81 from the previous high of 63.23. in the daily timeframe, there is a trend reversal pattern.

[Ifx78]

Hello world, how are you today? Yesterday it rained quite heavily, which was a blessing for the universe.

Back to my trading journal today, write again some words all forex trading activity with all risks and gains.

It is undeniable that trading risks always lurk in every trader’s transaction. Whether buying or selling, there is always the potential for gain and loss.

After successfully logging into my account, I saw the price of gold moving down in the range of 3220. Yesterday, the price of gold rose to 3249 when the US dollar weakened, but it seems that the increase in gold is still stuck below the middle band line. and more movement in the range near the MA 50, which is currently a dynamic support. Trying short-term speculation with open sell.

Meanwhile, in the crypto market, the situation is different from gold; Bitcoin rose in the range of 105,k trying to extend the increase. However, according to the RSI indicator, BTCUSD is now at the overbought level, where RSI is a leading indicator that gives a signal before a trend is formed, which allows for a retracement or reversal. Meanwhile, the Coinmarketcap Fear and Greed Index shows a value of 68, entering the greed level. This is slightly lower than last week, when this indicator showed a level of 70.

In the oil market, WTI is at level 62.11, slightly down from the market opening. Yesterday oil rose to a high of 52.60, moving below the kumo.

[Ifx78]

Hello world, how are you today? Yesterday, it rained quite heavily again, flooding the farmers’ rice fields in the hope that the harvest would arrive soon.

Back to my trading journal today, write again some words about all trading activity at the FXOpen trading platform.

Gold price movement yesterday was very impressive, gold rose amidst sentiment risk after Moody’s downgraded the US credit rating on Friday, but its impact on gold was only felt yesterday. This may be late, but perhaps the gold outlook is still positive amidst bad US economic news.

The gold price is now in the range of 3297 and has reached 3304. In the hourly timeframe, the Bollinger band is expanding, seen from the upper and lower bands moving away from each other, reflecting increasing volatility.

Meanwhile, the oil price, WTI rose at a high of 64 trying to cross the kumo by drawing a long-bodied bullish candle.

In the crypto market, Bitcoin is in the range of 106k near the upper band in the hourly timeframe. The Fear and Greed indicator on Coinmarketcap now shows a value of 68, which means the market is in a greed phase. Bitcoin tends to move in a bullish sentiment, referring to the BB line that draws an upward channel. However, the RSI has pointed to the overbought level of 74.

[Ifx78]

Hello world, how are you today? Yesterday it rained but only briefly, now the air is a bit cold with fog visible in the distance.

Back to my trading journal today, write down some words all about trading activity with all risks and gains involved.

The price of gold is now in the range of 3297 below the middle band, pending orders have not been touched, and I still leave them active. Gold fell slightly, drawing a bearish candlestick yesterday. Unlike Bitcoin, which actually rose soaring to 111k, with the potential for strong bullish sentiment.

Meanwhile, according to the Coinmarketcap Fear and Greed Index indicator, it now shows level 73, which means the market is entering a greedy stage. This level is up from the previous 68, which reflects an increase in investors speculating on risky assets such as Cryptocurrency.

Elsewhere, the price of WTI oil fell again to 60.61, extending the previous day’s decline. This reflects low demand for oil amid stable supply…

[Ifx78]

Hello world, how are you today? White fog covers the air around me, there was no rain yesterday. The sunlight is dimmed by the fog.

Back to my trading journal today at the beginning of the week, in the opening market on Monday. Here I write again some words all about trading activity in the forex market with all risks and gains involved.

Opening the market, the price of gold was seen falling at the price level of 3339 after jumping on Friday at a high of 3365. Pending orders are still left active, waiting for further forecasts. Gold is still getting support from US debt concerns after the Moody’s rating agency downgraded the US credit rating. This supports gold as a safe-haven asset.

On the other hand, in the crypto market, the price of Bitcoin is now around $109k up from the previous $107k. Unique correlation with gold. When gold goes down, Bitcoin goes up; conversely, if gold goes up, Bitcoin goes down, which seems to be correlated with the weakening dollar index. In the long term, Bitcoin is predicted to start a bullish sentiment. Reading from the Fear and Greed Index at Coinmarketcap, the value is now at level 69 in the Greed phase, which is slightly down from the previous value of 72.

While in the oil market, WTI oil price rose again to a level of 61.41 from a low of 59.86. Oil prices are moving below the Kumo near the middle band line. Trading tends to be in a range market movement of 59-64.

[Ifx78]

Hello world, how are you today? The air is a bit cold with fog covering the distance covering the view. It didn’t rain yesterday, some farmers were harvesting rice.

Back to my trading journal today, write down some words all about forex trading activity with all risks and gains involved.

News about Trump’s tariffs is still a hot topic in the financial market, This may be because Trump’s tariff policy has a broad impact on international trade patterns, which in turn affects some financial markets, both foreign exchange, stocks, commodities, and crypto assets.

Yesterday’s gold price fell to near the preceding support of around 3285, here I tried to open a buy with the hope that gold would bounce back up again. Gold is considered a safe-haven asset amid geopolitical risks and economic uncertainty.

On the other hand, Bitcoin consolidated with movements in a narrow range yesterday, this can be seen from the Bollinger band where the upper and lower bands approached each other indicating lower volatility.

Meanwhile, the price of WTI oil is still steady in the range of 60.99 near the middle band line in trading this week.

[Ifx78]

Hello world, how are you today? The air is a little warm around me, it stopped raining yesterday, and some farmers are starting to harvest rice.

Back to my trading journal today, write down some words all about the ins and outs of forex trading activity with all risks and gains involved.

The forex market, which is the largest market globally, is a complex market. Forex market participants come from various backgrounds, from multinational companies, commercial banks, to central banks, to retail traders like me.

The complexity of the forex market causes price chaos, and forex traders try to unravel, analyze price trends to speculate in this chaos. Some may win, others may lose. Like a forest full of wild animals, without a reliable strategy, you will be eaten by wild animals and not get any prey.

Yesterday’s gold buy ended with a stop loss hit within reasonable risk tolerance limits. After the USD strengthened because the court blocked Trump’s tariffs, gold weakened to a low of 3245, and after that the gold price rose again to a high of 3331. Now gold is trading in the range of 3313 above the middle band on the hourly timeframe.

Elsewhere, the price of Bitcoin also fell to a low of 105k near the middle band line. It seems that Bitcoin is experiencing obstacles to rising higher after reaching 111k. The Coinmarketcap Fear and Greed Index now shows a value of 65, which means the market is entering the Greed stage. This is slightly lower than previously, reaching 72.

On the other hand, the price of WTI oil fell to 60.47. Oil may still be trading in a tight range between the upper and middle bands below Kumo.

[Ifx78]

Hello world, how are you today? The sky is a bit cloudy, and there is a thin mist in the distance, slightly blocking the view. It didn’t rain yesterday, so some farmers started harvesting rice in the fields.

Back to my trading journal today, write down some words again, all about forex trading activity with all risks and gains involved.

Log in to account via the MT5 trading platform. First to see the Gold’s price. Gold’s price now moves downward from the bearish candle on the hourly timeframe. Price dropped from high 3316 to 3303 at the time of writing. At the opening market, there was a gap up on Gold seen on the hourly timeframe. The shrinking Bollinger band reflects reduced market volatility. RSI shows level 54, with a descending channel indicating the price tries to drop in bullish sentiment. No open trades now.

But, trying on Silver, there is currently one active buy position with a stop loss below the middle band on the H4 timeframe. Silver is expected to reach near the upper band line.

In the crypto market, Bitcoin is steady at around 105K near the middle band line. The shrinking Bollinger band reflects low volatility in the sideways market. Meanwhile, the Fear and Greed Index by Coinmarketcap shows a value of 57, this value has decreased from previously reaching 72. This indicates that the market is in a neutral position.

Meanwhile, the price of WTI oil rose to a price level of 61.47 near the middle band line. The movement of oil prices tends to be within the market range.

[Ifx78]

Hello world, how are you today? The air is a bit cold, even though it didn’t rain yesterday.

Back to my trading journal today, write again some words all about trading activity in the forex market at FXOpen with all the risks and gains involved.

Yesterday’s gold price rose, drawing a bullish candle with almost no shadow, indicating a storm rally, but the price is now moving near the upper band line, which may become resistance. If there is a breakout, gold may continue to rise higher, but there is a potential for a reversal in the hourly timeframe. One bearish candle is quite long, trying to end yesterday’s price rally. Cut profit on gold is done, and trying Silver with an open sell.

In the crypto market, the price of Bitcoin is now trying to rise at the 106k level, moving near the middle band. The price is estimated to still be in the market range, referring to the Bollinger band, which draws a flat channel with a narrow band spacing. Resistance is estimated at around 110k while support is estimated at around 100k.

Elsewhere, the price of WTI oil is in the range of 62.31. Yesterday it rose, drawing a bullish candle crossing the upper band line, but the oil movement is still below the kumo.

[Ifx78]

Hello world, how are you today? The air is a bit stuffy around me, it might rain again.

Back to my trading journal today, write down some words again, all related to forex trading activity with all risks and gains involved. Win and loss are a common thing that happens on trades.

Monitoring the movement of gold prices today is at a price of 3357 below the upper band in the daily timeframe. There is potential to rise, but it is still doubtful. In the hourly timeframe, the shrinking Bollinger band indicates weak volatility even though the price is above the MA 200. Today, there is an ADP report that might increase market volatility. Not yet open trade in gold. But still has a floating position in Silver with an open buy.

Meanwhile, in the crypto market, Bitcoin is still steady in the range of 105k near the middle band. The Bollinger band is slightly shrinking, indicating a decrease in market volatility. Meanwhile, the Coinmarketcap Fear and Greed index indicator shows a value of 58, which means the market is in a neutral position.

In the oil market, WTI is trading near the upper band at 62.78. The forest fires in Canada do not appear to have a significant impact on oil production.

[Ifx78]

Hello world, how are you today? Yesterday it was just cloudy, but no rain fell. Now the air is a bit cold with no signs of rain falling. Some farmers are harvesting rice.

Back to my trading journal today, write down some words all about the ins and outs of forex trading activity with all risks and gains involved.

Trump’s tariff policy is still an issue affecting the financial market. Recently Trump raised steel and aluminum tariffs from 25% to 50%, this has further increased trade tensions. However, investor confidence in the USD seems to be more negative. The US dollar index is still under pressure below the EMA line indicating that the downtrend market is in a downward channel.

Yesterday’s US economic data release, the ADP report, showed actual data much lower than expected, pushing the USD weaker against other currencies. The price of gold is now at 3372, up from a low of 3344. Here trying a pending order.

Meanwhile, in the crypto market, Bitcoin is still moving steadily in the range of 104k, this is slightly down from the previous 105k. The contracting Bollinger bands reflect shrinking volatility.

Elsewhere, oil is at 62.08, just below the kumo. Oil prices fell again after reaching 63.31.

Today, US unemployment claims data will be released, which may trigger volatility.

[Ifx78]

Hello world, how are you today? The air is a bit cold, but it is not raining. Muslims are celebrating Eid al-Adha surrounding the takbir from the mosque.

Back to my trading journal today, write again some words all about my trading activity in the forex market with all risks and gains involved.

Pending orders on gold have not been touched by the price, and I decided to open a buy market order on gold. Yesterday the price of gold rose after the USD weakened due to disappointing US economic data. Increased unemployment claims, uncertainty about the impact of trade tariffs. An impressive bullish movement also occurred in Silver. Silver price up to 36,065.

In the crypto market, Bitcoin seems less benefited by the weakening USD, Bitcoin is seen falling at 101k crossing the lower band line. The Fear and Greed Index indicator now points to level 55 on a neutral path, this value has fallen from the previous 57.

Meanwhile, WTI oil is still trading tightly in the range of 62.95. The shrinking Bollinger band reflects the declining market volatility.

[Ifx78]

Hello world, how are you today? The air is a bit cold around me, and no rain fell yesterday, although I felt sweaty because of the hot air.

Back to my trading journal today, write down some words all about trading activity in the forex market with all risks and gains involved.

Seeing the open trading position now facing a floating loss on Silver, after taking profit was achieved, recklessly tried to open a buy position because I predicted that there was a strong bullish sentiment on Silver after reaching a new all-time high.

On the other hand, the price of gold at the end of the week dropped, drawing a bearish candle, and is now at the price level of 3315 near the middle band line. Today, several central banks are closed due to bank holidays in Australia, Switzerland and Germany, which may reduce market volatility.

While in the crypto market, Bitcoin is now near the middle band at around 105k, steady in this range even though the US dollar tends to be under pressure. The Fear and Greed Index by Coinmarketcap points to level 55, which means investors tend to be in a neutral position.

[Ifx78]

Hello world, how are you today? The rain is no longer falling, many farmers have harvested rice.

Back to my trading today, write down some words again, all about forex trading activity with all risks and gains involved.

Login account successfully, first see have two floating positions on XAGUSD and EURUSD pairs in buy position. Silver has risen again and almost reached the target, but it seems the increase is fading, here I modify the stop loss to lock in some profit pips. Silver is now in the range of 36,659.

On the other hand, the price of gold is slightly weaker in the H4 timeframe, the price fell in the last two candlesticks in the range of 3319, while the RSI shows level 42 with a downward channel, there is an indication of a downtrend. Today there is no important news to pay attention to, but the market moves dynamically following the flow of supply and demand.

In the crypto market, the opposite happened; Bitcoin rose to reach the level of $ 110k after dropping to the level of $105k. The price approached the upper band line in the daily timeframe, which was the first resistance in the previous price zone.

WTI oil prices also rose to reach the level of 64.52, extending the previous increase and successfully crossing the kumo from the lower side.

[Ifx78]

Hello world, how are you today? Yesterday it rained lightly for a while, now the air is a bit warmer than yesterday, around me.

Back to my trading journal, write down some words again, all about trading activity on the FXOpen broker with all risks and gains involved.

Today, looking at the gold market, quite wavy near the middle band line on the four-hour timeframe, up and down in a fairly narrow range in the last few candlesticks. The hope of the US and China negotiations seems to make market players wait and see the next developments in the negotiations, which could have a positive impact on the USD. The price of gold is now in the range of 3337, slightly up from the low of 3315 but still lower than 3349.

The pending order position has not been touched by the dynamics of the gold price, and there is a bullish signal on the hourly timeframe from the shape of the last two candlesticks, which reflects increasing buyer pressure. While other precious metals Silver, are steady near the middle band in the price range of 36,583. The Bollinger band squeeze shows a sideways market with low volatility waiting for a possible breakout. The increase in silver was triggered by global demand and geopolitical risks.

Elsewhere, WTI oil prices fell in the range of 63.79 below the upper band line. Oil prices have successfully crossed the MA 50 from the bottom, ending the downward trend. However, oil is still vulnerable to geopolitical risks and trade wars that disrupt global economic stability.

In the crypto market, the king of coins, Bitcoin, has been at a price level of $ 109k, approaching the upper band, which could be a resistance level in the range of $ 111k.

[Ifx78]

Hello world, how are you today? The world is only as reported through the media, the role of the media is a means of fast information to all corners of the world.

Back to my trading journal today, write down some words again, all about my forex trading activity at FXOpen with all the risks and gains involved. Trading is like a psychological game; when it gets easy, the profit feels fun and happy, but when facing a loss, it is disappointing. Just like you shoot the girl and get denied, you may feel angry, sad, and depressed. But it is life, God gives us the heart to feel happy, sad, anxious, worried, and other feelings.

Seeing that the price of gold has gone up again, leaving pending orders that have not been activated because the price has never reached that level. Here I try a market order with a target near resistance. Yesterday’s US data was a bit disappointing and made the USD weaken a bit.

Meanwhile, Silver corrected down to 36,304, but it seems that the decline has faded a bit, waiting for today’s US economic data, which could trigger movement, unemployment claims, and PPI.

In the crypto market, Bitcoin was again hampered by its increase below the upper band. Bitcoin is down now in the $108k range which had reached #111k. Visually Bitcoin is still in the bollinger band range.

Meanwhile, in the oil market, WTI jumped up to 67.84, which may be the impact of the framework agreement from the US and China negotiations in London yesterday.

[Ifx78]

Hello world, how are you today? Hopefully, the world will be more peaceful, everyone will live in harmony, and there will be no more wars. But this is impossible, humans like to quarrel because God gave humans the choice to choose that. If God had willed, surely humans would have become one nation, and there would have been no civil war.

Back to my trading journal today, write down some words all about the ins and outs of forex trading with all the risks and gains involved.

See the price of gold is now on a high track of 3384, the bullish sentiment for gold seems to be triggered by the weakening of the US dollar yesterday after the PPI data was lower than expected.

While the crypto market, Bitcoin acted the opposite, Bitcoin fell in the range of $ 105k from the previous $ 111k back to the middle band line.

In the oil market, WTI corrected after reaching a level of 67.86; the current price is at 67.27. No trade now.

[Ifx78]

Hello world, how are you today? The rain fell last night, giving a cold nuance around me, the sun is still dimly shining among the thin fog in the distance.

Back to my trading journal today, write again some words all about the ins and outs of forex trading activity with all risks and gains involved.

The price of gold this morning opened with a gap up, where the opening price was higher than the closing price on Friday. The increase in the price of gold was triggered by the heating geopolitical tensions between Israel and Iran which could trigger a longer war. According to Goldman Sachs, the price of gold could reach $3700 this year. Now gold is in the range of 3448 near the upper band on the hourly timeframe.

Meanwhile, in the crypto market, the price is now steady at around $105k near the middle band line slightly above the MA 50, there is potential for a long-term bullish. The fear and greed index by Coinmarketcap is now pointing at level 50, which means the market is at a neutral level.

Meanwhile, in the oil market, oil prices had jumped to 74.81 due to the geopolitical risk of war between Israel and Iran. Oil prices also experienced a gap where the opening price was much higher than the closing price on Friday.