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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 babayaga
{quote} which indi? thank you
any oscillator showing 4h down..
im using AO.. 4h still above the 0.. so a lot of down?
Goal without a plan is just a wish.
Quoting nAVIN2007
{quote} watch out..my target are now in motion, mark my words the market will create bullish sign and wipe through them..blood bath coming friendly banter ofcourse if you going to trade long best place a stop
We will see bro! I wish you the greenest pips! I put my SL don't worry, you should put some too
I make my own luck.
2 hours more before NY Close
the retrace can go max 4180 and then down again tomorrow
Intraday only.
i am out !
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Quoting gatenio
{quote} any oscillator showing 4h down.. im using AO.. 4h still above the 0.. so a lot of down?
4H down - yes, but divergence - no or not yet.., at least my stoch.
and daily - up
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dolce vita
Quoting Nordling00
{quote} We will see bro! I wish you the greenest pips! I put my SL don't worry, you should put some too
mine in place..I did not realise it could we both were potentially correct, of course mine still has a long way to go
Lets get lucky
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We will see 1.42130 first then down
Is that a wall
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Adding longs
Quoting nAVIN2007
{quote} mine in place..I did not realise it could we both were potentially correct, of course mine still has a long way to go Lets get lucky
I think this week will be bullish... BUT ... we have lots of fundamental data coming next week. So i may take profits and go if GBP lose it's advantage against USD next week. Actually, maybe next week can create short opportunities as well. So you may be correct too, i am not oppose to shorting Cable, i just think you may be early. Next week will show the long-term & mid term direction clearer. Just my humble opinion, no offense

Best of luck bro!
I make my own luck.
Quoting FKhan
{quote} Being heavy in this short feels good when MOTY is shorting too... lets goooooo
Been on my short for quite some time now. Need another deep leg down, or few legs, dont mind.. 1.4100 ill offload most of my stuff, but its due for much deeper move imo
My short term structure suggest buys till .41700ish and hoping the level may respect and continue the downward move till may be psych level of 1.41..
Who knows' lets follow the price.
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Fools Rushing
Quoting babayaga
{quote} 4H down - yes, but divergence - no or not yet.., at least my stoch. and daily - up {image} {image}
I couldnt decide to buy or not at 1.4155
Quoting Tekin
{quote} I couldnt decide to buy or not at 1.4155
I will not give you an advice..,
I will leave my sell position, but it's a small one
for me she (cable) has plenty of "points" to go down..,
I'd say let's see tomorrow

dolce vita
Quoting Bartosz77
I will just leave it here to check my predictions: Monday (2021-05-31) will end at about 1.41800.
So... because the month ended higher than that 1.41800, we are going on a spring to 1.40807, then back up to 1.41629 where it should finish this week.

Jump up afterwards...
WT
Asia Timeframe has never been to my liking, but I hope the price will go up this time
Lost in Narrative
Quoting Tekin
{quote} No need to wait againest screen a dead day {image}
These made also some pips enough
Quoting Moty
i am out ! {image}
Let's wait the market show the direction for us.

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Together we can be strongest
... Looks like Pipa1 - he of the '... it must touch 4205 or even make a new high before further down move/before NY close...' has gone to join that exclusive club the Ex-Forex factory Ex-Prophets Society. He is no more, Gone, an Ex prophet. He'll be in good company there.
Intraday swing trader @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
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