Forum > View Topic (Analytic)
This thread was started in response to the Analytic:
GBP Trade Index 18-Year Chart
Daily GBP (British Pound) chart of 18 years of cyclical developments in finance & politics
Sorry, been away from the computer - Markets are boring today and so i'm back and forth
Yep, Got Cable at 1.5260 and I am still short. Next week should be interesting. lets wait and see :)
Cable failed 1.53 this week.
Ashraf
1.49 . 1.4950 . 1.5050 1.47 . . 1.5050 1.47 1.53 17000 $ 400
Ashraf
I wrote on March 28 that "the days of +$1.5300 GBPUSD are behind us for at least 3-4 weeks according to this weekly charthttp://chart.ly/ 58ybcf" cable still did not break 1.53. what you do with your margin requirements and doubling down of your account is your problem. i will not give micro advice to everyone on this website on their exits and entry points. this is a free website. the same website that told you eurusd will go to 1.32 when it was at 1.45 and cable would go to 1.47 when it was at 1.56.
Ashraf
Did you manage to short the GBdUsd ?
We all like to blame the other person for our mistakes in life and in trading. Ashraf cannot tell you when to close or enter a trade. No one will as we do not know the extent of your trading account.
You need to learn money management first before you can trade.
Imagine - If you were in a trade and this trade was going against you. You have asked Ashraf's advise to close the trade, but due to him being on his travels he could not respond. Would you keep your position open and keep losing money, just because Ashraf did not respond. Take Responsbility of your actions.
It could also be - which is also most likely is that you interpreted his words incorrectly .
Please take it easy. Try to learn how the markets work and what kind of risks and rewards are there in trading. Good luck