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Why is GBPUSD called cable? 76 replies

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Cable Update (GBPUSD)

Quoting Fx-gtg
{quote} 1.7159 closed 1.6939 +220 pips
is that u hold for a month ?
Quoting HDA
{quote} @elbert3: I have demonstrated from start to finish, planned entry, execution, patience, reasoning and the profit to show with previous targets met and surpassed. Thank you for your lovely chart, I see all lines have crossed I remain short GBP/USD to 1.6760 I remain long GBP/CAD to 1.9000 HDA OUT
Holy COW, HDA!!

Although I did BLOW my account of 5 digit account as part of SHORT term Myopic VIEW, I must say that I could not believe how things move so far in your favour...

Look like Technical Analysis is just a nice TOY. Question remains how to know TRUTHs or make TRUTH available for so called average JOE kind of traders before I restart my journey with 5 digit account again.

In the meantime, have fun around!
Quoting Carlicus
{quote} Hi Chris!! I have been waiting veeery patiently (2 months I think) till I have recovered a little bit from my last stupid trade. I haven't posted cause i couldn't trade more since that would have been quite risky. How have you been my dear friend?
I am sorry for your loss but glad to see you back.

Other than realizing I'm loosing my focus by "hanging out" in other threads, I'm fine buddy. So, as this business is a necessity and not an option for me, I will only be in the corner from here on out. Hope to see you posting your comeback soon!
Ghost Rider - WWTBMD?
Quoting HDA
{quote} @elbert3 Here we go again multiple nick names @nAVIN2007: I wasn't trying to prove anything to anyone, I was just sharing my trading plan. Thank you for the compliment Please provide authentic prove of these multiple nicknames that you say I have. Please share with absolute certainty the accusations you are suggesting. I have only one account with Forex Factory and none other. Waiting patiently. Please see previous post that I shared with elbert3, Sunday, July 27, 2014, at 6:20pm http://www.forexfactory.com/showthre...00#post7633900...



Quoting HDA
@nAVIN2007: I await your authentic proof of me having multiple usernames, I am calling you out SIR HDA OUT
i just read what i have perhaps missed seriously!!!!!!! can a guy simply not ask. I cannot believe from all that i have wrote it is taking negatively by most of this thread..i wasnt trying to be funny. HDA u dont need to show me a thing. I am sorry i asked, I meant the compliment

now lets get lucky
Looks like they are building up for another short wave.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,635.3%
Quoting HDA
{quote} @Mr. Scott: Please answer that question HDA OUT EDIT: The reason I get alot of slack sometimes is that when I take a 3 months break or 6 months break or two year break from Forex Factory and have not been posting my calls and I come back and say I am long or short, its like, LIAR LIAR - but if you look at my history, I take breaks from Forex Factory because of my marriage and the issues my wife have with me sitting in front of a pc all day taking to traders and sharing everything I know for free and robbing her of her quality time with me....
Hi HDA,

Sorry must have missed that post.

1.67 from memory sir.

Can't sit in front of the pc all day.

Scott Out
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The world you desire can be won. It exists.. it is real.. it is possible..
Quoting Fx-gtg
{quote} 1.7159 closed 1.6939 +220 pips
how many pips was your SL ?
Quoting HDA
{quote} @Carlicus: I remember you - The GREEN D extension has hit and I'm trading the retrace Please see your previous post with the exercise we did together when I was explaining to you how to analyze the GBP/USD using only FIBS and nothing else at all - on Thursday, May 8, 2014 at 7:32pm eastern, not Spain time http://www.forexfactory.com/showthre...18#post7458218 Here is your chart: {image} HDA OUT
Here you have the chart updated. Would you like me to trace some more fibs?
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Quoting albchr
{quote} I am sorry for your loss but glad to see you back. Other than realizing I'm loosing my focus by "hanging out" in other threads, I'm fine buddy. So, as this business is a necessity and not an option for me, I will only be in the corner from here on out. Hope to see you posting your comeback soon!
Don't worry Chris, I haven't had any losses for the moment. I only had negative trades in equity, but not in balance
Anyway, this shows I still have a lot to learn I have to be humble and learn the lessons mother market has taught me
Quoting albchr
{quote} I am sorry for your loss but glad to see you back. Other than realizing I'm loosing my focus by "hanging out" in other threads, I'm fine buddy. So, as this business is a necessity and not an option for me, I will only be in the corner from here on out. Hope to see you posting your comeback soon!
Hi matey you seem a good at heart type of guy.... and at the moment I sense some in security in your post above. Allow me to give you some advice... look more into fundamentals, understand local politics and economics of the pair you trade. Put aside the crutch of technical analysis for a while and trade with your eyes and mind open. Please take this as it is intended.
Peace & Pips
Quoting albchr
{quote} He's back! You've been missed Carlicus.
I second that i was saying just the thing ah Al,, hope your ok E
Looking at the rally in USD, it seems to me that Yellen won't want to prod it further. Anyone agree?
Quoting Didgeridoo
Looking at the rally in USD, it seems to me that Yellen won't want to prod it further. Anyone agree?
Sometimes, when I listen to her, I think she has no idea what she is talking about.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,635.3%
Entering buy stop order 1X @ 1.6935 to open a long position.

Cable now trading 1.6904
Hear the music before the song is over ...
Quoting giveachance
{quote} well done if it gets executed. remember if usd/cad prints one more high for the day this pair may get doomed. 1.8450 acted as string resistance first time around.
Trade confirmation
On 30-Jul-2014 at 17:47:10 (GMT)
You sold USDCAD @ 1.09015 for value date 31-Jul-2014
Front office position id: 140375969
Account: 5589929

10 pip sl
Quoting elbert3
{quote} I second that i was saying just the thing ah Al,, hope your ok E
Hi Elbert!

Thanks for your nice words too my friend! For the moment I'm ok, although June was really really painful! Anyway, at least I haven't lost any money, all of the months this year I've been positive with the exception of June, when my earnings were plain 0.

I hope you have been fine too
Quoting OnlineAddict
{quote} Sometimes, when I listen to her, I think she has no idea what she is talking about.
Yeah. I don't know if she's doing that on purpose - to be as vague as humanly possible. I'm sure she's not that confusing when she goes drive-thru.
the big surprise to me was a weak jpy , don't think that's right

Quoting Bones
dow {quote} {image}
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#doyourownanalysisordietryin
Quoting Greener
{quote} if GDP number disappoints, I would not advise following technicals...as it would be clear that you are trading gold for toilet paper. I am just curious to see how the market will weigh that possibility today
@greener

sorry for late reply, I don't bother with news since I trade longer term support/resistance, I don't trust any numbers what ever they are.

We are at the end of the month again 1.6875 could very well be support for next month up, we are in up trend still.

However price traded between 1.71/72 for 14 days, in my opinion major distribution occurred at historic resistance.

So if it moves up it will be capped somewhere, I will look for weakness on the daily chart at 1.7043 if it gets there, meanwhile holding short

for 1.66. Demo trader only so no personal risk and could be entirely wrong!
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Quoting OnlineAddict
Hmm, anyone buying 6886? Seems risky...but might be worth it. But if 6880 breaks, its better to wait for 6850-60.
Hmm, only see 6888 on my broker, too bad.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,635.3%
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