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Why is GBPUSD called cable? 66 replies

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

Quoting elbert3
{image}target 2280 2263 is a resistance
elbert3, what do you use to analyze the structure of the market? I can't figure you out although we have identical charts.
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Always trade your own plan
Quoting Pat Chiko
{quote} Today set up is similar to yesterday .... Formation of "W" for going long. This should be interesting to see how it develop in ONE hours from now. Just a newbie view. Forgotten the chart...........here {image}

Fed Chairman Jerome Powell is set to testify before the House Financial Services Committee

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Fear of losing is the #1 reason you are losing.
Quoting Coreg2004
{quote} Moty, how do you use CCI(50) for your entry and exit?
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Ok final decision,long to 1.23
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2 Days all Same
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Fantabulous day today.

All working so nicely.

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Intraday only.
Quoting bilal1947
{quote} GU, kindly move further to hit my TP: {image}
Bagged (73 pips) yet TP miss by 1 pip, so closed manually will see after red news, i am bearish overall though.
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Extend it out in Time !! Faith, Discipline, Patience, Prayers, Hard-work !!
Quoting Pat Chiko
{quote} Today set up is similar to yesterday .... Formation of "W" for going long. This should be interesting to see how it develop in ONE hours from now. Just a newbie view. Forgotten the chart...........here {image}
GU

Waiting for set up for N3


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Fear of losing is the #1 reason you are losing.
Short again gold 1837
Quoting bilal1947
Gold : targets {image}
Gold please come little further so i can close you too.
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Extend it out in Time !! Faith, Discipline, Patience, Prayers, Hard-work !!
Added another short
Closed my usdchf short
Done: Thank you Gold, its closed. chill for the news:
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Extend it out in Time !! Faith, Discipline, Patience, Prayers, Hard-work !!
Quoting Coreg2004
{quote} elbert3, what do you use to analyze the structure of the market? I can't figure you out although we have identical charts. {image}
, lol
Hi you wont figure me out ,,, many years of trading cable its like an instinct lol,,all i can say is, if you have been reading my posts it works ,
1 what does your chart look like day to 5 min,
2 where are my emas sitting on all chart times
3 candles ,,what are they saying
4 tl keep old TLS
5,S/R where is old S/R always look left
6 fibs ..fib it ie on doji,,on bull or bear candles..anywhere you think that the market move has stopped
Hope the makes some sense
waiting for retrace
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Quoting Pat Chiko
{quote} Fed Chairman Jerome Powell is set to testify before the House Financial Services Committee {image}
Yesterday was a waste of time let’s see how today goes
Quoting BeeTogether
{quote} Yesterday was a waste of time let’s see how today goes
Yesterday, GU spike up after Jay Powell testify on the Semi-Annual Monetary Policy Report before the Senate Banking Committee.

Prior to that GU was down on UK CPI Report.

Market do react to FED. That is after Powell speaks , expect major volatility
Fear of losing is the #1 reason you are losing.
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Short usdjpy tp 1.3367.
Quoting Moty
{image}
Good chart! See how the pair is bouncing off the weekly pivot… to me that’s a small bullish pattern
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