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Why is GBPUSD called cable? 76 replies

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Attachments: Cable Update (GBPUSD)
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Cable Update (GBPUSD)

Some pics to share vision, this is usdx/gbpx 4h.
I can be wrong so no blind trade on this!
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"Flip that coin!"
Quoting autopips
I see your expected sideways and then downward move & understand what the LFX chart is about. What kind of levels on GU are you looking at?
I do not know what to expect yet. The gbplfx is sandwiched in between the two main pivots. Flat as long it stays in between, back to bullish if it closes above the W1 pvp or stay bearish if it closes below the monthly pvp. Too close to call atm, I am not expecting anything nor am I taking sides till it happens.

Good luck to you.
Thank You
Quoting wormboy
I do not know what to expect yet. The gbplfx is sandwiched in between the two main pivots. Flat as long it stays in between, back to bullish if it closes above the W1 pvp or stay bearish if it closes below the monthly pvp. Too close to call atm, I am not expecting anything nor am I taking sides till it happens.

Good luck to you.

The big boys revealed their hand friday. We go up from here.
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Pawpaw,

The article and video were good.

I've spent a lot of time trying to figure when and what the outcome of all this will be so that i can set a pace for preparing for the potential outcome.

Have a look at the 3 short videos in this link and see what you think.
http://www.distressedvolatility.com/...cks-short.html

Will Japan be the canary in the coal mine?

Quoting pawpaw1000
I reckon you are making a BIG mistake. Once people realise how badly the Dollar has been watered down by printing and just how bad the US Debt is they will move out of all fiat currencies and into commodities...

I like Peter Schiff's commentary and also Faber and the rest

http://www.youtube.com/watch?v=eZA0qNsf4m0
1.5560 / 120 pips from my silly entry....

Do I have the right to laugh now?!
Anyway... my point is done & my money.

Taking the half of position here!
78.6% of last leg. Stop @ BE.
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"Flip that coin!"
Quoting Scipionz
1.5560 / 120 pips from my silly entry....

Nice one.

Quoting Astroman
Nice one.

Thx my friend!
"Flip that coin!"
Quoting Scipionz
Let's see if this can get over 1.5540... we could try 1.5500 before so I'm still on guard.
Under 00/80 will be kinda alarm call.
Really don't matter how ya making em as long as you keep making them. Small bites of a really big apple will still get the job done.

Current and interm topside target....am bullish to here, and see where we go from there.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Quoting Magix
Really don't matter how ya making em as long as you keep making them. Small bites of a really big apple will still get the job done.

Current and interm topside target....am bullish to here, and see where we go from there.
imo
>>>http://www.forexfactory.com/showpost...&postcount=639
not euphoria follower
Quoting Magix
Really don't matter how ya making em as long as you keep making them. Small bites of a really big apple will still get the job done.

Current and interm topside target....am bullish to here, and see where we go from there.
Totaly agree.
Amazing how little bites can makes big chunk on the long run.

Let's see what she have for us tonight.
Going for walk 'til franky is in the house...

Later!
"Flip that coin!"
Quoting malcolmb14
AND ???? tell us how you did it then we will be impressed and learn something from a great trading guru.... other than that , as one of the lady posters put it earlier this is just another dick swinging post , and not really that impressive at all .
I think it's maybe time we start to band together as a group and control the riff raff....

A little banter over the weekends to let off some steam and discuss the charts...well, perhaps not in the best spirit, but still cable related to a point.

This is a nice place and we have a lot of great traders and posters and though we all have use of the iggy button, there might still be several of our new members that really don't need to be reading through this kind of garbage.

Casual Friday is over, the sound of the opening bells have chimed, it's a new week, why not make it a great one?

I'm not the new sheriff in town, but I would like to make this an even better place. You all have my commitment.

Can you do the same?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Quoting Magix
I think it's maybe time we start to band together as a group and control the riff raff....

A little banter over the weekends to let off some steam and discuss the charts...well, perhaps not in the best spirit, but still cable related to a point.

This is a nice place and we have a lot of great traders and posters and though we all have use of the iggy button, there might still be several of our new members that really don't need to be reading through this kind of garbage.

Casual Friday is over, the sound of the opening bells have chimed, it's...
I am a new member, and i am in full support of this
Choose your destiny!!
With the loss of support on the M5, I took a few sheckles n ran...holding my single lot from 1.5525.

Given the long weekend n such, I think I will have time for another entry for a few side car riders.

Here's the 5.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
according to 1 hour and 4 hour, 1.55 is possible, daily is flat as far as trending is concerned, so I will be looking for scalping moves. However, daily is also lined up currently for a 500 pip move which should come either on tuesday or wednesday.
Quoting hindustani
according to 1 hour and 4 hour, 1.55 is possible, daily is flat as far as trending is concerned, so I will be looking for scalping moves. However, daily is also lined up currently for a 500 pip move which should come either on tuesday or wednesday.
till NY open I will prefer to sell all tops on 5 min chart, the 500 pip move which is developing will be to the down side later, hopefully from 11.10.2009 low of 5700
5558 to 5500, which side do we break before London ?
"Now that earnings have tapered off, all we're getting is bad news, bad news and more bad news," said Rob Russell, president of financial planning firm Russell & Company. "We don't seem to be headed in a good direction."

http://money.cnn.com/2010/08/27/mark...head/index.htm
Quoting hindustani
"Now that earnings have tapered off, all we're getting is bad news, bad news and more bad news," said Rob Russell, president of financial planning firm Russell & Company. "We don't seem to be headed in a good direction."

http://money.cnn.com/2010/08/27/mark...head/index.htm
http://seekingalpha.com/article/2227...ard_macro-view

this I found an interesting read.
Blogging daily now at www.volume.zone
Quoting hindustani
till NY open I will prefer to sell all tops on 5 min chart, the 500 pip move which is developing will be to the down side later, hopefully from 11.10.2009 low of 5700

I would buy every bottom because I'm expecting a 1000pip upmove later. I wouldn't even dignify that call with a reason.
Quoting malcolmb14
http://seekingalpha.com/article/2227...ard_macro-view

this I found an interesting read.
yes, and there is already news floating around about retail investors pulling out on uncertainties, and if this really does happen then i guess under wears will become the formal dress code on wall street, unless people are not careful of their investments.
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