Cable Update (GBPUSD)

Quoting Zebi

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{quote} im in..no sl cause will sell more hierup tp 2630

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Quoting FulMargnAlch

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Missed the entry. Switched to XAU {image} {image}

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Quoting Zebi

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{quote} the bigger issue is a persons relationship with money...if one grows up poor or seen his parents bad money management habits than a million dollar account wont help you. poor people are terrible with money..i saw it all the time in chicago poor neighborhoods ..all they do is gamble on lottery trying to hit it big and thats the same thing they do in trading. higher middle class and rich grew up with money and they know how to manage it and that translates to their management of their trades

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Quoting DrDave

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{quote} if one grows up poor or seen his parents bad money management habits than a million dollar account wont help you. poor people are terrible with money. You aer on the right track! I recently read a paper about how money management habits (skills, perhaps) are routinely handed down parent-to-child. So, if your parent who is the main money manager makes poor decisions, the children likewise learn the same poor decision making skills about money management. And of course, the parent with good money management skills passes down those good skills....

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Quoting pipfarm

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That is some C swing on H1 cable is raging, looks like 5 up so it could be curtains for bulls now

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Quoting maxi444

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{quote} a lot of talk, much simpler, to know or not to know

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Quoting Waveskierrob

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{quote} My FTSE now at +1880 pippers, what a shout Mr "T" and still going strong...

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Quoting DrDave

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{quote} But the problem is, it is likely that what you know is the same that your parent knows. And if what you know leads to "undesirable" consequences, then you likely would find it beneficial if you could be exposed to some alternatives. The paper also pointed out that when 2 people marry and one has good money management skills and the other does not, the one with the good skills tends to take control and get the other out of the hole he has dug himself into. And in some cases, the one with poor skills actually learns from the other and drops...

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Quoting Zebi

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short again will short hier up tp is news announcement level 2687

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Quoting Whale

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{quote} wait for new high or close to it again..

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Quoting BigNumbers

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{quote} If you spend your time chasing butterflies they’ll run away but if you spend your time making a beautiful garden the butterflies will come to you. Invest in yourself and stop chasing shadows. If you understand price you’ll never chase it again. I have come to understand that, a good trade is taken when price is moving absolutely well in the opposite direction you’re intending to trade. When price is bullish, like you’re seeing a big green daily or weekly candle that’s when you should look for a sell with your set up because when it’s turns...

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Quoting DrDave

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{quote} Maybe on some smaller TFs, yes. But I see that H16 has been cycling on an extended down trend. The current H8 swing up is likely to be the beginning of an up trend that will attempt to send H32 (D1) into a rally to the higher TFs. And when these bigger TFs are "on the move", there will be plenty of ranging seen on smaller TFs as well as some big swings in both directions as the cycling progresses, and sometimes fails and restarts, upward through the TFs.

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