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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)

Quoting KareemAliFx
Best thing to wake up to {image}
running this beautiful short till 1.09200 area !
Master your mind. Master Trading.
Quoting Waveskierrob
{quote} So whats your definition of a swing trader...
looking to buy low, sell high, holding my position for longer term like days, weeks, even months.
Compulsions can be hard to resist
again for 50 pips and 100 $
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Don't anyone think I'm talking about anyone here just thinking about snowflakes and swing trading then thought about old style swings and how protected kids are these days turning them all into snowflakes.
No wonder there were so many daredevils back in the 20th century
Swing set from 1912
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We need a Quantum leap in understanding here
Quoting Waveskierrob
SOLD 1.2850 No tp no sl.....reason "because I can"...
added SHORT 1.2872
...it is what it is
Quoting fontu
{quote} May test low but likely respect limit 2794 , and next day likely bull candle for correction further up as needed for normal standard pa. Crazy or news effects different. Again if price breaks limit by chance then price likely test previous low to bounce in another leg up to bounce target. All depends if market ready action now or wants some more time to decide ! Take care {image} {image}
So today as likely a bull day , breaks up 2890 towards 2940 plus or as far as it may go. And not necessary may do in one day , anyway range up.take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
Quoting fontu
{quote} So today as likely a bull day , breaks up 2890 towards 2940 plus or as far as it may go. And not necessary may do in one day , anyway range up.take care {image}
it’s at a short term tricky spot right now for short term bulls.
Compulsions can be hard to resist
Quoting trumps
{quote} it’s at a short term tricky spot right now for short term bulls.
Yeah every short or immediate term or better say seconds tf price action actually building the whole medium or intermediate to long terms! So now short term may even may build towards 3150, 3730 waves without correction in monthly tf possible !
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Not understand?better not follow my analyses!doubt clearer first, risks ++
GU

my guessing for this pair
I wait for the complete set up for N3
And hope to make tiny profit.

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I come from the future.
Eu at 1.09860
Time to drop mf
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add short 2877, will add every 5 pips till 2900 for 2700
hello 2900, adding more 2905, 2910 if, that will be fat profit if that slide, lets see
People don't plan to lose. They lose because they don't plan.
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GU LONG

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Follow The Markets Structure - Patience and Discipline
One of the best memes ever, it's a shame I can't upload the video
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We need a Quantum leap in understanding here
Took a loss there.. gone long TP at 12930
Insane in the Brain..
Longer term we could be seeing GU much higher

D1 swing down is corrective as is part of the weekly upswing

On H4 we can see that the D1 down swing was actually a triple correction to the down side which i am now using for previous s/r with the break to the upside
Follow The Markets Structure - Patience and Discipline
Bullshit news bullshit PA
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
Quoting pipfarm
Longer term we could be seeing GU much higher D1 swing down is corrective as is part of the weekly upswing On H4 we can see that the D1 down swing was actually a triple correction to the down side which i am now using for previous s/r with the break to the upside
Good analysis
Ideally, we need a daily close above 2888 region to confirm bullish continuation
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Compulsions can be hard to resist
Quoting JameRomeo168
Looks like IDM pattern. Swept sell side liquidity at 1.28130 and about to break of structure. The the low that that has been rejected at 1.2798 is the today's Second Standard Deviation of CBDR followed by 79% Fib retracement if we draw from 1.2779 to yesterday high and it is 3rd PD array. If 3rd PD array is really a strong support, we can open a door to upside crazily but how far it can goes, nobody knows. Tomorrow is Friday. Market usually is crazy on Friday. My bias is bullish right now until The recent low at 1.2798 is violated.

All my confirmations was right. Now market is going higher as expected. I'm looking for long opportunity. My bias is still bullish until yesterday low is broken.



Updated with picture
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The drop is coming
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