Cable Update (GBPUSD)

Quoting Indiara

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{quote} This is a great read Pat. Thank you. To those who think that trading is 'gambling' (and I am not saying that they're wrong), I will argue that the biggest 'investment' they may make in their life is buying a house. They may have to borrow $500k from their bank and that loan has to be repaid, plus a big interest amount. They may argue, 'but it's ok, it is an 'investment'. I will argue, maybe it is an investment, once you have repaid the loan. But you borrowed $500k (plus interest) and you NEED to keep a job for perhaps the next 15 to 25 years...

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Quoting Indiara

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{quote} This is a great read Pat. Thank you. To those who think that trading is 'gambling' (and I am not saying that they're wrong), I will argue that the biggest 'investment' they may make in their life is buying a house. They may have to borrow $500k from their bank and that loan has to be repaid, plus a big interest amount. They may argue, 'but it's ok, it is an 'investment'. I will argue, maybe it is an investment, once you have repaid the loan. But you borrowed $500k (plus interest) and you NEED to keep a job for perhaps the next 15 to 25 years...

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Quoting Indiara

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{quote} This is a great read Pat. Thank you. To those who think that trading is 'gambling' (and I am not saying that they're wrong), I will argue that the biggest 'investment' they may make in their life is buying a house. They may have to borrow $500k from their bank and that loan has to be repaid, plus a big interest amount. They may argue, 'but it's ok, it is an 'investment'. I will argue, maybe it is an investment, once you have repaid the loan. But you borrowed $500k (plus interest) and you NEED to keep a job for perhaps the next 15 to 25 years...

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Quoting bilal1947

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Get ready a short is anticipated. {image}

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Quoting Pat Chiko

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{quote} GU Setting up TP/SL. In few, High impact data from USA.{image}

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Quoting bilal1947

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Get ready a short is anticipated. {image}

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Quoting shay14

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im a bear and i can gladly admit i'm getting my ass kicked

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Quoting Indiara

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{quote} This is a great read Pat. Thank you. To those who think that trading is 'gambling' (and I am not saying that they're wrong), I will argue that the biggest 'investment' they may make in their life is buying a house. They may have to borrow $500k from their bank and that loan has to be repaid, plus a big interest amount. They may argue, 'but it's ok, it is an 'investment'. I will argue, maybe it is an investment, once you have repaid the loan. But you borrowed $500k (plus interest) and you NEED to keep a job for perhaps the next 15 to 25 years...

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Quoting JayBag

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{quote} Got mine handed to me yesterday. I have not attempted today though Waiting for 1.22565

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Quoting Wavegarrick

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{quote} Hi Folks, My weekly pivot at 1.20054 (yellow highlight - daily chart) coming up with lots of support at 1.956 if there is an overshoot. I will look to add buy trades from here. Have a great week, Cheers. {image} {image}

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Quoting Indiara

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{quote} This is a great read Pat. Thank you. To those who think that trading is 'gambling' (and I am not saying that they're wrong), I will argue that the biggest 'investment' they may make in their life is buying a house. They may have to borrow $500k from their bank and that loan has to be repaid, plus a big interest amount. They may argue, 'but it's ok, it is an 'investment'. I will argue, maybe it is an investment, once you have repaid the loan. But you borrowed $500k (plus interest) and you NEED to keep a job for perhaps the next 15 to 25 years...

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Quoting Kwt4x

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{quote} I'm sorry if I made you misunderstand me. I didn't say "trading is gambling" I said "trading without knowing the direction is gambling" without direction it would be guessing 50/50 and that's gambling. hope I'm more clear this time cheers,

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