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Why is GBPUSD called cable? 76 replies

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Cable Update (GBPUSD)

Quoting elbert3
{quote} I will go long . You know me I will take anything .. forex hustler
You have my permission...I would like to see 1.1910 to consider short, maybe during the Tokyo session
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Always trade your own plan...I don't provide trading signals.
Quoting elbert3
{quote} You can earn money on 1 pair if you get your rules right and normally enter on the trend . Sometimes it can take off with out confirmation. And depending on your account size and you .. let’s say private are big enough lol. Regards
Yes, You're right... But you must have a detailed analysis of the pair..
I want to reduce my trading pairs to a maximum of 3 Pairs: BTCUSD, XAUUSD and of course GBPUSD
I Want to master these pairs..
Figures only
Quoting BigNumbers
{quote} Yes, You're right... But you must have a detailed analysis of the pair.. I want to reduce my trading pairs to a maximum of 3 Pairs: BTCUSD, XAUUSD and of course GBPUSD I Want to master these pairs..
Master only one . Your trading life will be far more easygoing. Why juggle 3 balls when throwing one ball up in the air you have more chance of catching it . Gold and GU normally!! Normally move in the same direction. Why have two moving pairs going in the same direction. I at times trade gold but like today I needed to focus on returning the lose trade on GU so I could not of worked two .. but that’s your choice and I respect that and wish you good luck . Just step back look and take care . Best regards E
Quoting BigNumbers
{quote} Yes, You're right... But you must have a detailed analysis of the pair.. I want to reduce my trading pairs to a maximum of 3 Pairs: BTCUSD, XAUUSD and of course GBPUSD I Want to master these pairs..
If you worked on a currency trading house you do not trade unless of course your one of the top trading guys . You job would be to check pairs and set ups . When you identify a potential set up you tell the boss .. why .. because the boss trader only wants to give the best possible set up his attention.. hope that makes sense .regards E
Quoting elbert3
{quote} Master only one . Your trading life will be far more easygoing. Why juggle 3 balls when throwing one ball up in the air you have more chance of catching it . Gold and GU normally!! Normally move in the same direction. Why have two moving pairs going in the same direction. I at times trade gold but like today I needed to focus on returning the lose trade on GU so I could not of worked two .. but that’s your choice and I respect that and wish you good luck . Just step back look and take care . Best regards E
I like heavy pairs, sometimes I feel GBPUSD is not heavy enough; maybe in future I'll concentrate on one of these pairs.


NB: Something jumped into my mind for the newbies.. If you're a newbie and always wanting to jump into trades whenever you sight a chart... Your learning journey will be longer than the other newbie who takes time to observe the market for days without trading...... This is just a tip for the newbie.
Figures only
22.00 hrs so movement please
Quoting BigNumbers
{quote} I like heavy pairs, sometimes I feel GBPUSD is not heavy enough; maybe in future I'll concentrate on one of these pairs. NB: Something jumped into my mind for the newbies.. If you're a newbie and always wanting to jump into trades whenever you sight a chart... Your learning journey will be longer than the other newbie who takes time to observe the market for days without trading...... This is just a tip for the newbie.
Night folks! See ya in the morning! Uk data 7am
Insane in the Brain..
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...An early G/M. Up later than usual to catch the Trump comedy/tragedy, if I can stay awake that long because I would like to catch the 0700am Uk Cpi numbers.. He is due to announce @ Mar a Lago @ 2100pm local time there, which is 0300am gmt.

Y/day a U.s Ppi inspired spike up to 2029, and then a 239 pip pullback.

1hr below
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Intraday swing trader @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
on daily, this uptrend is over, it is just retracement,,,it retraced to 88% fib.ret. could not close above 76% then shouid continue its downtrend.
closed my prevous long with -40 pips took shrt at 1.1848 daily
> tgt way down...
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How about Long 1.1850 SL 1.1815
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
Quoting Yngwie
How about Long 1.1850 SL 1.1815
close 30 pips
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
everybody sleepin
Gbpusd trend remains down currently and gbpjpy trend remains up currently.
Long 1.1832 SL 1.1790
Live trade ~ GBPUSD only. No chart! Follow at your own risk!
Quoting LeongPuiy
Pending triggered at 2027 and stop 2100. targeting maybe 4h imbalance and extreme point to fill 141x. just my view.
Adjusted stop 2180. Tp 1420.
Training.
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today i am going to love the pa, cable may trap ..... lol
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Quoting TwFXtrader
everybody sleepin
best time to trade fx is London session because

  1. in morning asia & london overlap
  2. in evening londom and ny overlap[

maximum liquidity

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