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Cable Update (GBPUSD)

  • #3,361
  • Dec 26, 2006 12:37pm Dec 26, 2006 12:37pm
Quoting twinchell
It's nice to give back to the community isn't it?
Right you are. More blessed to give than to receive, I say, cause ya gotta have it to give it!
  • #3,362
  • Dec 26, 2006 12:40pm Dec 26, 2006 12:40pm
Quoting MoneyMa$ter
Right you are. More blessed to give than to receive, I say, cause ya gotta have it to give it!
Only you could take a loss and still talk about how good you are all within a 5 minute span.

  • #3,363
  • Dec 26, 2006 12:44pm Dec 26, 2006 12:44pm
Quoting twinchell
Only you could take a loss and still talk about how good you are all within a 5 minute span.

I wish I could take credit for the following quote, but someone else in FF uses it for their signature:

"Trading well means you either walk away with more money or you walk away with more information to profit next time."

Great attitude for newbies or anyone else trading, be it forex, commodities, equities, paper....
  • #3,364
  • Dec 26, 2006 12:46pm Dec 26, 2006 12:46pm
I'm sick and tired of walking away with "information" only
  • #3,365
  • Dec 26, 2006 12:48pm Dec 26, 2006 12:48pm
Quoting cesarnc
I'm sick and tired of walking away with "information" only
ME TOO
mama
  • #3,366
  • Dec 26, 2006 12:48pm Dec 26, 2006 12:48pm
Ive been known to argue on here from time to time, so I'll try to keep myself under control. In this situation, I just don't see how "you have to have it to give it" relates to "walking away with more information". To me, its just arrogance, but like I said, I don't mean to be argumentative.
  • #3,367
  • Dec 26, 2006 12:49pm Dec 26, 2006 12:49pm
What Information Did I Receive From That - Dont Chase A Trade!!! Or Enter Too Late!!
mama
  • #3,368
  • Dec 26, 2006 12:49pm Dec 26, 2006 12:49pm
The daily trendline has been broken on the Euro. This line has been in effect since October. We may see a further move South if I drew the thing properly.
Life is too short to have anything but delusional notions about yourself.
  • #3,369
  • Dec 26, 2006 12:51pm Dec 26, 2006 12:51pm
Quoting Mama007
What Information Did I Receive From That - Dont Chase A Trade!!! Or Enter Too Late!!
Same here... See all the "zig-zags" of today? You will find my order in every single reversal...
  • #3,370
  • Dec 26, 2006 12:52pm Dec 26, 2006 12:52pm
gold is up and oil is below 61.00. any effect on currencies???
  • #3,371
  • Dec 26, 2006 12:55pm Dec 26, 2006 12:55pm
Quoting cesarnc
Same here... See all the "zig-zags" of today? You will find my order in every single reversal...
that was last week for me gave about 2Gs to the community, rough week, anyone think this guy still gonna go down a bit to about 9480s before it reverses ?
Ghost Swoopen in for my pips while no one is lookin !!
  • #3,372
  • Dec 26, 2006 12:56pm Dec 26, 2006 12:56pm
Quoting twinchell
Ive been known to argue on here from time to time, so I'll try to keep myself under control. In this situation, I just don't see how "you have to have it to give it" relates to "walking away with more information". To me, its just arrogance, but like I said, I don't mean to be argumentative.
It's a matter of attitude.

Some people see that as a "loss"; I see it as a "Learning Opportunity See Success". In other words it's an acronym. I choose to always see success. I either successfully secured additional money by applying information gained in the past or I successfully secured additional information to get more money in the future. Every trader should get information (knowledge) from every experience then apply it for next time (wisdom). Wisdom is simply applied knowledge, whereas fools hate correction. Because if you didn't learn, then you are bound to repeat the same error, ad infinitum. And believe me, life will give you many opportunities to learn whatever lesson is relevant, until you get it. Get it?
  • #3,373
  • Dec 26, 2006 12:59pm Dec 26, 2006 12:59pm
I still don't see how learning from a loss has to do with "cause ya gotta have it to give it!". Were you speaking on what you learned from your loss?
  • #3,374
  • Dec 26, 2006 1:03pm Dec 26, 2006 1:03pm
This is today... I'll only consider getting back in once it goes back in the channel or clears it for good, which is not likely, but HEY! What the (BLEEEP) do we know?

http://i2.photobucket.com/albums/y28/cesarnc/dec26.jpg
  • #3,375
  • Dec 26, 2006 1:05pm Dec 26, 2006 1:05pm
if we were all perfect, we would always win in every trade. that would be nice, but since we are imperfect, we will lose. all we have to do is look at our losses and wins and see what caused them, adjust our strategies a little which will limit our losses and increase our wins. sounds like b.s., but the richest people in this country failed many times before they made it big. perserverence is key, as well as maybe getting a mole or two in the big boys heads and see what they are going to do and follow!! it may mean riding coat tails, but hey, if it makes me a multi-millionaire, who cares, right??? look at the eagles, counted out from the playoffs, they now own the east because they got together, played harder, stopped the run better each week and beat 3 teams on the road they weren't givin a shot to a month ago. there is info out there, we just need to find it, use it and all benefit, retire in 5 years to our own little spot in the world where we can live the life of reilly and indulge in our piece of the pie!!!!!!
  • #3,376
  • Dec 26, 2006 1:07pm Dec 26, 2006 1:07pm
Quoting twinchell
I still don't see how learning from a loss has to do with "cause ya gotta have it to give it!". Were you speaking on what you learned from your loss?
twinchell,

First, you posted isn't it great to give back to the community? I responded yes, as I believe it's more blessed to give than to receive. The quote "ya gotta have it to give it" related to being blessed. In other words it's more blessed to give than to receive because you have to have it in the first place in order to give it. You have to be blessed with something in order to be in position to give it away. That's why it's more blessed to give than to receive.

For some reason, you associated my statement about "having it to give it" to the different and disparate thought of retaining and applying information.

My apologies if my thoughts were too disjointed, abstract, obtuse or obfuscated.
  • #3,377
  • Dec 26, 2006 1:09pm Dec 26, 2006 1:09pm
Quoting MoneyMa$ter
...disjointed, abstract, obtuse or obfuscated.
I'll have to look those words up in the almanac. Whoops I mean dictionary. Good trading to everybody and have a happy new year!
  • #3,378
  • Dec 26, 2006 1:11pm Dec 26, 2006 1:11pm
Quoting mtrmth
look at the eagles, counted out from the playoffs, they now own the east because they got together, played harder, stopped the run better each week and beat 3 teams on the road they weren't givin a shot to a month ago.
Okay mtrmth,

Good win last night. Gotta give you your props...I had da Boys, you took the Eagles. They pooped all over my Boys. That's worse than T.O. spittin on people!!
  • #3,379
  • Dec 26, 2006 1:41pm Dec 26, 2006 1:41pm
well, i was nervous until they made it 23-7 in the fourth. i still remembered the giants game when they gave up a 3 touchdown lead in the fourth!! i was wondering when t.o. would spit on someone, he was heading that way since he joined the eagles. such a waste of talent. if he would have shut his face and played, he would be as great as jerry rice, he is that good!! oh well, his loss.
  • #3,380
  • Dec 26, 2006 1:46pm Dec 26, 2006 1:46pm
now all we have to do is figure which way this market will go. do you think that there will be movement when the european market opens?? i wish i had sat by my computer yesterday around 4:30 est, i could have made 150 pips in 10 min when it dropped from 19755. blink and you miss!! what was that about??? i know it won't do that tonight, but i am sure there will be movement getting ready for the first week of jan. if i saw correctly on the one post that there were 2 200+pip moves int the first week of jan. that is money with the move and the retrace. one heck of a week in anyones book. the only question is where the move will go, up or down??? any clues or should i just watch and jump on the roller coaster when it leaves the platform??
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