EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
Deflationary Bitcoin صلابة بيتكوين
How bitcoin halving reduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
okay i opened 5 lot short Aud/usd at 1.0189 stob loss at 1.0206
This implies that your entry was 9750, your profit target 9700 and you were down at that moment 400 pips, and I am not making this up… Any way I doesn’t make any different there is no point discuss this anymore.
My friend the AUD is at 1.02 and there is possibility that it will never see par with USD for very long time maybe never again in my life time And I am 27 years of age.
but at least the kamikazes die for cause they believe in,, these mature traders get stress and loss their money to make fat banker richer.
And the funny thing they believe somehow it is Ashraf fault. Just unbelievable pure madness
Do you know that your currency the British Pound was worth 516 Yen back when Margret Teacher was your prime minster around 1984.
And before the collapse of Northern Rock in 2007, one pound was worth 256 Yen, Today it worth 126.
i.e. from 1984 to 2010 it lost approximately 76% of it is value. Imagine if there was a Trader 26 years ago, went Long Cable at 516 yen. How much margin does he require to cove this drop? And more importantly how many years more he had to wait until the price get back to 516?
Chol wrote that he entered short AUD/USD AT 0.9750 for target of 0.97 following Asharf Call. i.e his profit target was only 50 pip!! And now he has position with -450 pips in the Red. . Is that even logical?? Risking 450 pip for reward of 50?? I cant understand his logic.
The other is FX-1
He also went short AUD following Asharf Call. With 8 standards lots, knowing that his capital equity is only 16,000 dollars, is that logical?? 8 standard lots short without stop loss on tiny 16K account.
i do feel bad for them , and i hope they lerned from this lesson.
"The Market Can Stay Irrational Longer Than You Can Stay Solvent"
Rational trader who start to short the NASDAQ at 2000 because they thought it is overbought and overvalued got burned long before it reached 5400 .yes it rallied 3400 point in few months.
KEEP HOLD of your position until the AUD/USD reaches 1.1000,, yes you read it correctly, 800 pips more.
When you trade with trend is very easy to find profit target and stop losses and more likely that your profit target to get hit before stop loss.
In fairness to Ashraf he made 2 calls the short Euro/USD and short AUD/USD one of them worked out good the other wrong. But at the end of the day it is your responsibility to manage your account and use your own brain to identify trading opportunity
Good luck in your future trades, and always trade with trend, look at USD/CHF it does look like a good short, and if you are fundamentally bearish AUD , you could short AUD/CHF (( it does look very attractive)) but always use stop loss
My heart goes out to you my friend. Just close your trading position and take a week off to regain your focus. Dont login to your trading plat form just stay away for one week.
You still have couple of thousands lift in your account, you could modify your trading style and practice, always use "tight stop loss" and hopefully by March you will regain all what you have lost, using correct trading style and good advice from experienced traders here.
neither me or any traders can tell how far the Aud can go I wrote yesterday that it could go all the way to 1.043 who knows??