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The time is now, the place is here. Stay in the present. You can do nothing to change the past, and the future will never come exactly as you plan or hope for.
Dan Millman
Leaders are made, they are not born. They are made by hard effort, which is the price which all of us must pay to achieve any goal that is worthwhile.
Vince Lombardi
There is only one success - to be able to spend your life in your own way.
Christopher Morley (1890 - 1957)
This is a quick review about EUR/USD and GBP/USD:
GBP/USD
Sellers capped the market just before 1.4950 and kept pushing it lower until reaching 1.4704. Not to be outdone, buyers then grabbed hold of it, but failed to get through 1.4950 and today we are a little lower.
Below 1.4765 sees sellers once more head for the downside with 1.4708/04 once more targeted. Buyers will automatically defend this support as it is the first longer term retracement target. However if sellers want to end the week on a weaker note they will try their hardest to push the market down through 1.47 for 1.4620/16. However buyers are expected to stand firm at the 1.4708/04 level and they will not be defeated easily. As they will defend so religiously if they cave and the sellers win it will be quite a quick move lower to the stated support of 1.4620/16.
Now if current level holds and 1.4825 breaks, once more you are looking at 1.4950. Profit taking will emerge. If buyers break 1.4960 look for 1.5068/88.
Source: FXstreet and Charmer Charts.com
I honestly think it is better to be a failure at something you love than to be a success at something you hate.
George Burns
Defeat is not the worst of failures. Not to have tried is the true failure.
George Edward Woodberry
The reason most people never reach their goals is that they don’t define them, or ever seriously consider them as believable or achievable. Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them.
Denis Watley
My personal touch: It sounds like a trading plan, doesn’t it?
Defeat is not the worst of failures. Not to have tried is the true failure.
George Edward Woodberry