![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
Why is GBPUSD called cable? 67 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedHey guys, don't rush up on this madness...
Cable at 0100s is a sweet sweet buy opportunity cooking, with profit possibility exceeding 400 pips in the short to medium term (days to weeks).
I'm now looking for a consistent bounce off somewhere + strong dollar short moves across the board to get back long cable with a beautiful r:r, Let's just see if "dollar down" bias kicks in from now until Tuesday.
Two very nice indicators on the dollar are swiss and euro and when dollar is on the run, you can see both of them moving by the pip.
However, both swiss and euro are at high levels with poor r:r for longs and failing to retrace. If there are traders to join the dollar dump party, cable is the sweetest pick at these levels.
I reduced the size I'm going back on euro and have no entry price on cable yet. But I will go big in this MF. This is a trending pair and its trend will resume. Period.
Patience, cold blood and a few cursing words on the way are welcome. Johhnie Walker might be helpful, too..
Back by LondonIgnored
DislikedWhat is making you think that 2.01 will secure if you don't mind me asking. Thanks.Ignored
DislikedGJ is going to unwind like crazy today IMO
I'm targetting 229.00, today will be interesting..Ignored
DislikedI don't know about that, but i'm starting to realize that this days GJ took the spot light of UJ.
It seems that every single pair follows GJ and its starting to get annoying again.
I don't mean to criticize but i don't understand some of your strategies because sometimes you guys seem to ignore complely correlation factors.
You for example said that you will buy at 2.0150 but you are expecting a 300 pip drop on GJ. Are you aware that one of your trades will be a loss?Ignored
DislikedIf GJ falls, it doesn't mean GU has to fall my friend..
but I won't buy at 0150 unless I see that support holds.. I have 2 fib levels lying at 0152 plus a lower TL of a bullish channelIgnored
DislikedWell you are right, but if we see 229 today, i put my hands in the fire if GU stays above 2.0150 by that time. I seriously doubt because that would make UJ an incredible beast.
Anyway. You can add Daily 50 EMA to that confluence of barriers around 2.0150
Whatever price we buy 0150 or 0100... the way up to 400 and above will get us in profit even if we get stopped out before. But tomorow Sales from US will be the trigger.Ignored
DislikedWell you are right, but if we see 229 today, i put my hands in the fire if GU stays above 2.0150 by that time. I seriously doubt because that would make UJ an incredible beast.Ignored
DislikedWell you are right, but if we see 229 today, i put my hands in the fire if GU stays above 2.0150 by that time. I seriously doubt because that would make UJ an incredible beast.
Anyway. You can add Daily 50 EMA to that confluence of barriers around 2.0150
Whatever price we buy 0150 or 0100... the way up to 400 and above will get us in profit even if we get stopped out before. But tomorow Sales from US will be the trigger.Ignored
QuoteDisliked"Trading this volatile cable is like playing with fire, so I'll stay away from cable"
Dislikedi dont know dudes but the cable got me totally confused....i dont know where it will go next![]()
like right now my indicator are telling me that the drop is not done yet but i dont know if i should enter or not....so i have decided to stay out.....cant trust this fuk this week.....Ignored
Quoting forexboomerDislikedyou sound very stressedIgnored
Quoting forexboomerDislikedhow did your trade end up in the minus? you dont use sl?Ignored