or maybe it is because takes short time to fall and long time to rise new highs 
- | Joined Aug 2007 | Status: Member | 4 Posts
I heard USDCAD is loonie
Timing is the only secret ;p
- | Joined Aug 2007 | Status: Member | 6 Posts
or maybe it is because takes short time to fall and long time to rise new highs
any stock will go down if no one buy it , thats mean the stock has falling tendency by itself (like gravity) , but can't go higher without the steam of demand .
for that , going higher needs alot of energy , which takes more time than going down which is like falling by gravity , which takes shorter time .
if you go upstaris it will take u longer time than going downstairs .
this is the secret fior the naming
and the reason is not gravity off-corse , but the demanding.
no demand of any stock , the stock will fall quickly by itself .
sorry for my english
- | Joined Aug 2007 | Status: Say what ? | 1,888 Posts
if........
GBP USD is 'Cable' then
GBP JPY must be 'Jumper Cables'
I do know the EUR/GBP is still called "The BIG HEAVY"
'cause it's like $20/pip per lot or $200/pip per million.
That is somewhat "Heavy".
Now, somebody out there come up with a nickname for the Mexican Peso.
GBP USD is 'Cable' then
GBP JPY must be 'Jumper Cables'
I do know the EUR/GBP is still called "The BIG HEAVY"
'cause it's like $20/pip per lot or $200/pip per million.
That is somewhat "Heavy".
Now, somebody out there come up with a nickname for the Mexican Peso.
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
I thoought to that too, but the only posible result that i could get was that the nickname for long comes from stock maket(when you buy you keep them for a long time, ussualy, for profit)
Sorry for all the Links but hey, you might enjoy them.
http://en.wikipedia.org/wiki/Short_selling#History
"
Short selling has been a target of ire since at least the eighteenth century when England banned it outright. It was perceived as a magnifying effect in the violent downturn in the Dutch tulip market in the seventeenth century.
The term "short" was in use from at least the mid-nineteenth century. It is commonly understood that "short" is used because the short seller is in a deficit position with his brokerage house.
Short sellers were blamed (probably erroneously) for the Wall Street Crash of 1929. Regulations governing short selling were implemented in the United States in 1929 and in 1940. Political fallout from the 1929 crash led Congress to enact a law banning short sellers from selling shares during a downtick; this was known as the uptick rule, and was in effect until 2007. President Herbert Hoover condemned short sellers and even J. Edgar HooverDepression. Legislation introduced in 1940 banned mutual funds from short selling (this law was lifted in 1997). A few years later, in 1949, Alfred Winslow Jones founded a fund (that was unregulated) that bought stocks while selling other stocks short, hence hedging some of the market risk, and the hedge fund was born.[3] said he would investigate short sellers for their role in prolonging the
Some typical examples of mass short-selling activity are during "bubbles", such as the Dot-com bubble.[citation needed] At such periods, short-sellers sell hoping for a market correction. Food and Drug Administration (FDA) announcements approving a drug often cause the market to react irrationally due to media attention; short sellers use the opportunity to sell into the buying frenzy and wait for the exaggerated reaction to subside before covering their position.[citation needed] Negative news, such as litigation against a company will also entice professional traders to sell the stock short. Because both the short seller and the original long holder can sell the same shares at the same time, selling pressures can be artificially magnified during such times, causing larger price drops than would be normally justified by the negative news.
During the Dot-com bubble, shorting a start-up company could backfire since it could be taken over at a higher price than what speculators shorted. Short-sellers were forced to cover their positions at acquisition prices, while in many cases the firm often overpaid for the start-up."
- | Joined Oct 2007 | Status: Technical Trader | 765 Posts
Here are some more,
Fiber - EUR/USD
Geppy - GBP/JPY
Chunnel - EUR/GBP
Mart
I Like to Call pairs with short nicks like ...!!!
Gbd/Jpy As G/J , GU=Gbd/Usd , Euro/Usd=E/U , E/J = Euro/Jpy & So On...
... 
- Joined Aug 2008 | Status: Member | 2,429 Posts
Transatlantic cables are cables that have been laid along the ocean floor to connect North America and Europe. Before the advent of radio, the only means of communication across the Atlantic Ocean was to physically connect the continents with a transatlantic telegraph cable, which was operative in 1867. The exchange rate between the United States dollar and British pound is still colloquially known as "cable" by financial marketeers on account of the fact that the rate was originally transmitted via a transatlantic cable.
I'm still awaiting a good explanation for the loonie
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
Cool! Interesting info.
I'm still awaiting a good explanation for the loonie
- | Joined Jun 2009 | Status: Member | 10 Posts
kindly send it to my email address. my computer net is not favouring me thanks
Sajjad anjum
[email protected]
Sajjad anjum
[email protected]
OK, I'll try again. {with help}
Sorry for all the Links but hey, you might enjoy them.
http://en.wikipedia.org/wiki/Short_selling#History
"
Short selling has been a target of ire since at least the eighteenth century when England banned it outright. It was perceived as a magnifying effect in the violent downturn in the Dutch tulip market in the seventeenth century.
[size=2]The term "short" was in use from at least the mid-nineteenth century. It is commonly...