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I completely agree. I'd rather be lucky than good. We all create our own luck. Luck had a great deal to do with it, as, I could have never anticipated such great vol. However, it happened and I REACTED to it. :) At least I was smart enough to trade all Yen pairs... Even blind...

I closed out position at 1.3671 on GBP/USD I am still long EUR/jpy 167.77 long USD/JPY 121.28 and long AUd/JPY 104.15 I have a CCI based system and it's working beautifully. :)

Congrats! Fill us in on the stats. If it's a boy watch out for those scouts, they're scouting middle schoolers now!!!!

Exactly.

I doubled my account in the last 48 hours. :) I blew up my account twice before, not this time baby.. Not this time. :O) There was an equal move in the aud/jpy and an impressive move in the cad/jpy as well. :D

This is exactly what I took from it. You work hard so you can learn how to work smart.

You make some great points but you know what? Intelligence extracts opportunities from the world. Fear will kill intelligence faster than any emotion known to mankind. If you can control the element of fear, eliminate all distractions, and see the world for what it truly is, you will...

.... and create some wonderful vol in the FX markets. :D

It really isn't.

10-4 over and out. :)

Today I made several statements pre-market suggesting that the markets would be down due to the MBS's issues. I was proven to be very wrong. I have learned that there is no need to predict anything. Success in this business is determined by your ability to REACT, not predict. I want to...

This truly is a resilient market. Wow.

That is a very good point. I was essentially standing in front of a tree seeing just the tree, you just helped me take a few steps back and see the forest. Thank you. GL and GT

LOL And in the left corner at 5'11" 165 pounds soaking wet with a pocket full of change..............

I'm short 2.0330 :D This is crazy madness, ya gotta love a weak dollar vs. an overbought GBP. Should fall off the cliff here w/i the next 24 hours. Look out below. GL and GT!

See ya later. PM me your new alias. :D

You caught the REAL message in that. :)

Exactly. The subprime Mtg problem was essentially swept under the rug like a little boy does with his mom's favorite vase after breaking it. Well, now mommy is selling the rug and she's going to be PISSED when she finds out that her favorite vase is in pieces. Mommy is going to ground...

I wasn't going to say anything but from what I remember your last few posts have been "Fuck NBC" and "I hope a catagory 5 hurricane hits Miami this summer," so, when you have something positive to say, let me know, I'd love to chat with you. GL and GT

They'll be bitching when their LIBOR ARM's reset and their mtg payment doubles! When their pensions, social security, or any other retirement income just isn't there (or the dollar is practically worthless) they'll care. Ignorance is bliss for the average person. The average person doesn't...