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Why is GBPUSD called cable? 76 replies

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Cable Update (GBPUSD)

let the dip shits sell while the pros buy

I should say add to their longs
Quoting Pipocrates
let the dip shits sell while the pros buy I should say add to their longs
I'm a dip shit
good day,

Shorts closed for a small profit. Started new set of shorts. 1st entry 1.6828. Building again from here..

Dip shit out!
Quoting Pipocrates
let the dip shits sell while the pros buy I should say add to their longs
u got it babe with u all the way
Quoting Pipocrates
I see this as a long, it may start a long term up trend akin to the usdjpy. Its the strongest economy in the western world. A strong pound wont affect the economy as much due to the fact that it imports more than it exports and what it exports are not raw materials tied closer to valuation. It is mainly a serviced based economy, with financials playing a major role. I think they are going to be like pigs in shit basically with a strong pound, the rest of the world mostly being the shit. {image} Long term 2.00 would not surprise me in the least....
Quoting Pipocrates
{quote} 3 ascending triangles on the daily, 2 broken and an uptrend since 7/13/13 but yeah price action shows no interest in upside {image}
Quoting Pipocrates
{quote} I posted daily and monthly charts, Am I thinking longer term? i think so, and when i mentioned 2.00, i think that would have been your second clue How you see this as a range is beyond me even if you are a swing trader, i guess if you zoom in close enough and ignore the series of higher lows and new highs {image}
hows that?
Good day,

Update on last 2 days. Bump and grind - but forward

Keeping in touch with the 73% wins vs. Losses. Wins averaging higher. My system struggles in low volatility. It is clear. Note made.

Dip shit out.

Regards
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Quoting Davit
{quote} even though they are red news events they are not impact news.
I like to have a clean state, before the event, when the price need to penetrate into support/resistance zone, maybe it is only a bad behaviour, but is more profitable, than not.

In this cases are the fake breakouts, which usually hits my 50 pip SL, if I have. And the price is there for 1-3 min (spike) or 10-20 min only (break tentative)

It was a very expensive lesson to learn it

I will try to catch a 30-50 pip at bull side, if the news are positive for GBP, than wait a bit and than short it(for 20-50 pip), like a pig, lol. At least thats my plan.
If the news are negative, than bear side 30 pip at first try.
I want to buy PATIENCE
Quoting TauTrader
Good day, Update on last 2 days. Bump and grind - but forward Keeping in touch with the 73% wins vs. Losses. Wins averaging higher. My system struggles in low volatility. It is clear. Note made. Dip shit out. Regards {image}
die dom mense is ongeskik, seker n klien piel of iets
Quoting Davit
{quote} The idiot obviously does not understand that market works in both directions and they are traders on both sides. Any reasonably talented trader knows market is both Bear and Bull but only total simpletons fail to see this clearly. Insulting Bear traders is beyond rude.It is idiotically assumed market will continue up in one direction.... Maybe I should post my April Trade results as well.All counter trades in "dip Shit" category {image}
Sir D,

I will not comment on comments made. I'm in a good place. I want to stay there.

Nicely done there. Kudos..

Keep chipping away.

Build that equity. Then buy me a beer.

Proud of you!

Regards and all the best
Quoting Davit
{quote} The idiot obviously does not understand that market works in both directions and they are traders on both sides. Any reasonably talented trader knows market is both Bear and Bull but only total simpletons fail to see this clearly. Insulting Bear traders is beyond rude.It is idiotically assumed market will continue up in one direction.... Maybe I should post my April Trade results as well.All counter trades in "dip Shit" category {image}
meh, i was referring to your trade results, I'll probably be long for months
Quoting JimmyC
{quote} die dom mense is ongeskik, seker n klien piel of iets



Siesa oom Jim..

Skerp daar.

Haha - kan nie ophou lag nie.

Dit baie geniet - dankie daarvoor!
Quoting TauTrader
{quote} Siesa oom Jim.. Skerp daar. Haha - kan nie ophou lag nie. Dit baie geniet - dankie daarvoor!
Blacklist is almost over, time for bed
Be well
Quoting DerekTrotter
{quote} 42 E
55 built like a brick,, house 20 reps 100 kilo bench press ,,take no prisoners that why i know nobody stands in front of me ,,
Quoting elbert3
{quote} i am laughing really,??/ back to trading now its going to break that 6817 again tonight
agreed
Quoting DerekTrotter
{quote} u sure E - 55 well if u say so .. kinda had u as a 25 ish wippersnapper type of scalper ..
12 08 59 .. leo, lion, born on the glorious 12th and young at heart ,, and why if your long you agree that it will go down ,, we wont see 6827 again,,( tongue in cheek ) and lol
Gidday GBP/US

Well getting interesting up at these lofty levels

Will it explode up through 1.69

I will hold longs now

So easy to get caught up here

with a bucket full of longs under water
Quoting eliteincome
Gidday GBP/US Well getting interesting up at these lofty levels Will it explode up through 1.69 I will hold longs now So easy to get caught up here with a bucket full of longs under water
BTFD doesn't mean BTFT. Either take the resistance break or the support bounce.
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When you open this forum you see this:
"Hi,
Does anyone agree cable may go up to 1.9050 area? or will continue bearish when the market open on monday? "

Yes, talking about 1.90 area.

This is my reading

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That's a fluctuation between 1.9x and 1.5x
Quoting Davit
{quote} The idiot obviously does not understand that market works in both directions and they are traders on both sides. Any reasonably talented trader knows market is both Bear and Bull but only total simpletons fail to see this clearly. Insulting Bear traders is beyond rude.It is idiotically assumed market will continue up in one direction.... Maybe I should post my April Trade results as well.All counter trades in "dip Shit" category {image}
let them be mate.. im in deep shit category also with cable atm..
Quoting A-speculator
{quote} let them be mate.. im in deep shit category also with cable atm..
short at 68 i remember stop above the high

Quoting Pipocrates
{quote} Your in for a hell of a ride.
even if it moves lower, you and half the world has stops above that high, dont you think MM know that? they will slam price up then slam it down to catch the SL and the long stops before it moved lower.

But if you move your SL higher and price moves higher your out on that game too.

Rock and a hard place.

Or you can take you lose like a man and admit that you were wrong. But we don't do that do we. (I have a problem with this myself)
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