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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 Fx-gtg
Long GBP/USD 1.6775 TP Next Week
35 pips green
atm GBP/USD 1.6810
Quoting ill_be_back
Pending SHORT GJ @ 171.655
OUT

Next attempt Around 172.3xx
A good trader follows his rules, but great trader knows when to break them
  • Post #393,023
  • Quote
  • Edited Aug 13, 2014 3:12am Aug 12, 2014 12:49pm | Edited Aug 13, 2014 3:12am
Quoting NoCoolNick
{quote} There is lot of room on the downside, it's not like the last years constant pumping to the upside. Tha trendline is broken and correction is in early stages. Have shorts from 1,7104 and down so i am happy. But i thought we it would get a good spanking today, but no. Just have to wait for it..
Moves before CB speeches always tricky ... more is needed than just this H4 TL break to convince me of a trend reversal.
Hear the music before the song is over ...
Buying the dips rest of the week, up to 6920-70. Next could be somewhere here.

Attached Image (click to enlarge)
Click to Enlarge Name: dips.png Size: 18 KB
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,968.4%
Quoting jvh2811
{quote} You might be but not me lol
hi just back from picking the wife up and i see lost one kept 3 ,,was it the idea or me that was mad ?? lol
Quoting kor4x
looked at this trade from harmonic pattern perspective -> http://harmonicstube.blogspot.com/20...on-gbpusd.html {image}
Title of post says "butterfly bearish" but the picture's caption reads "butterfly bullish"?
Enter Signature
Quoting giveachance
I am not going to reply to traders who trade 10-20 pips and talk bullshit.
i do love u
looks to be running out now pp on 10 ,,and a sell order same place i have to go,,back later down to 738 ??
Price want to wait news on higher level....
Short GU @ 1.68134 TP 1.678076 Will close if goes above todays High
A good trader follows his rules, but great trader knows when to break them
Yawn, 2nd no trade day in a row.

Check back tomorrow
Quoting pipster1
Yawn, 2nd no trade day in a row. Check back tomorrow
not selling....
Attached Image (click to enlarge)
Click to Enlarge Name: metatrader 4.png Size: 113 KB
GOOD AFTERNOON FOREX FACTORY MEMBERS AND GUESTS

There are option expiry's for the GBP/USD 10am Eastern tomorrow, Wednesday, August 13, 2014 that you will need to bear in mind.

1.6915 - pay out US$591 million
1.6850 - pay out US$274 million -this is the one to watch

Have a lovely afternoon

HDA is currently FLAT GBP/USD



HDA OUT
Gidday GBP/US

Well steel bulls held on

just a we bit more an things are looking good again.

Holding longs an chasing shorts

Old dog has bad habits
Quoting HDA
GOOD AFTERNOON FOREX FACTORY MEMBERS AND GUESTS There are option expiry's for the GBP/USD 10am Eastern tomorrow, Wednesday, August 12, 2014 that you will need to bear in mind. 1.6915 - pay out US$591 million 1.6850 - pay out US$274 million -this is the one to watch Have a lovely afternoon HDA is currently FLAT GBP/USD HDA OUT
Hi HDA. Thanks for the tip.

does it mean that market shall try to reach 16915, since 16850 is almost reached?
No emotions, just trade
Quoting mrhb30jr
hi all, Sell GU 1.6808 SL 1.6822.... {image}
your SL too tight, i'm 90% sure it will hit...
supply demand chart monthly, 2009 and 2010 cable could not stay above 1.67

June broke through, rejected at 1.7150 now back to price when June strength appeared at 1.6760 June open price
Attached Image (click to enlarge)
Click to Enlarge Name: metatrader 4.png Size: 115 KB
Quoting OnlineAddict
{quote} Euro is becoming bullish(since low couldn't be taken out), so careful with cable shorts, euro might take cable up with it.
Ok, my EU long is now in safe profit, SL set to only 3 pips, so I will wait for a GU dip below 68 to buy, with a 1st target 6850, 2nd 6920.
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return: 1,968.4%
Quoting HDA
GOOD AFTERNOON FOREX FACTORY MEMBERS AND GUESTS There are option expiry's for the GBP/USD 10am Eastern tomorrow, Wednesday, August 12, 2014 that you will need to bear in mind. 1.6915 - pay out US$591 million 1.6850 - pay out US$274 million -this is the one to watch Have a lovely afternoon HDA is currently FLAT GBP/USD HDA OUT
Quoting nAVIN2007
{quote} jeff my brother!! ..how are buddy? ..its been a while
Navin,

Good "Buddy"...!
How've you been?
Hey man, i took off the last yr / so...
My dad passed, we took in '89 yr old mom, i worked 60 hr's w/the phone Company,
and growing teen daughter. -Life is full...

'Taking some time out is a good thing.
I've finally been able to get my hands on Robert Miner (Elliot Wave), stuff...
And it becomes Crystal, Clear. -(For the Most Part!).

I had to let things "Consolidate" after chasing that 5th Wave Down,
to '57 area.
-The other shoe would just not "Drop" on, any further, -(South),
That Global, Greener & i & other's wanted, & that we were chasing... (Short/"South") !
Such is Life!

'Hope to See you in here, Super Great to hear from you,
All the best buddy, will be typing & driving,
Home!

Jeff
I will work to Objectively Identify my Edges
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