Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 18, 2008 3:15
Comments: 1310
View 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
 
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TG
Singapore
Posts: 112
15 years ago
Nov 27, 2009 7:41

Sir, I dont know how to advice.... but there is some negative news about the situation in Dubai, as such that has caused $ and JPY to strenghthen......,

Personally I feel that is unnecessary pressure placed on Mr Ashraf with your question.....


"To Trade forex, is a learning process... and you must have money management ie, for each trade you must be able to know how much losses you can absorb and for how long, as you are trading on leverage... ie if your losses increase you will be asked to put in more money.... so... Please learn first DONT just "dive in".......
ashhabiba
Giza, Egypt
Posts: 24
15 years ago
Nov 27, 2009 7:29


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ashhabiba
Giza, Egypt
Posts: 24
15 years ago
Nov 27, 2009 6:57
Dear Ashraf
Please help me. Just remind me where will depend on the sterling fall or where to return to rise again? And it will return to 1.6635 soon? Please do not skimp on to reply . PLEASE
Dr / Ashraf
ashhabiba
Giza, Egypt
Posts: 24
15 years ago
Nov 26, 2009 20:16
Dear Ashraf
OK I understand now what you meen. can you give me a point for aout from GBP at 1.6635 ?
Dr / Ashraf
chloethebull
Canada
Posted Anonymously
15 years ago
Nov 26, 2009 19:58
hmmmill..i think there could be a storm brewing ..dubai crisis+lots of data on japan out in next few hrs+plus markets lookin alil over done....who knows if things go our way we could hit 1.0850+...ok gl(looks like eurusd woulda been good short..ohh well made up for it with usdcad @1.0470..lol)
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Nov 26, 2009 17:05
Xaron, thanks for clarifying. EVERYBODY: when i say resistance is at XYZ it does NOT mean that itwill rise towards but it means that any upside is LIKELY TO BE LIMITED at XYZ.


SO WHEN I SAID ABOUT GBPUSD RESISTANCE BEING AT 1.6760, THAT MEANS THAT IS UNLIKELY TO BREAK ABOVE 1.6760.

I HOPE EVERYBODY UNDERSTANDS THESE THINGS.

ASHRAF
expat
UK
Posted Anonymously
15 years ago
Nov 26, 2009 16:06
Ashraf - Great blog. Any chance of GBP recovery against AUD in the next 12-18 mths?
ashhabiba
Giza, Egypt
Posts: 24
15 years ago
Nov 26, 2009 13:46
Xaron
Maybe I misunderstand but what I can do now . hold. cut loss or buy agin ?
Dr / Ashraf
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 26, 2009 13:35
ashhabiba, hmm... can't see it actually. He writes about a resistance at 1.6755 but not to go long. Talking about a resistance doesn't necessarily mean that it gets there. If it would be that easy, we all would make money which is quite not possible. ;)
hmmalik
Toronto, Canada
Posted Anonymously
15 years ago
Nov 26, 2009 13:25
DEAR ASHRAF

CAN I GET USD/CAD 1.0715 AGAIN IN NEXT COUPLE OF DAYS WHICH I BOUGHT LAST FRIDAY

REGARDS

HMMALIK
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