Patience + Discipline = ![](https://resources.faireconomy.media/images/emojis/64/1f911.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f911.png?v=15.1)
Why is GBPUSD called cable? 76 replies
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
cable short for gbpusd? 6 replies
DislikedI think this move may have something to do with President Obama State of the Union yesterday and the Freeze of Government Spending for three years?
Seems to coincide with the start of the NY session. Pretty drastic if they really do freeze govt spending for three years. Could explain why it affected a lot of pairs.
What do you all think?Ignored
DislikedGood man! I think I need to come to you for my dose of patience! What level are you looking for mate? Down to the 1.59s?Ignored
DislikedAgreed,
We have to break this channel we have been in for the past week. Only then can we determine a direction. For now play tops and bottoms with tight S/L's. Has been hinting upwards but usually cause for alarm as to a fake out.Ignored
DislikedGood luck with your buy - think it's a good move as it's close to the bottom of the trading range.Ignored
Dislikedclosed long for a few.maybe if I get an inside bar on the 15 min/I'll long 1.maybeIgnored
DislikedAnd as I said before, since no one listens to me (but that's ok) Tops and bottoms people, Tops and bottoms.
Shad I do think you are a good trader, but you are calling this like we are in a trend. We are not in a trend as of yet. Sideways. 1.68 target? Like I said not until we break this channel we are in. For the charts, look at my post I replied to.Ignored
DislikedStrange move. US comes with not so good news and it goes in favor of the USD.Ignored
DislikedIgnored
Dislikedams,
Your charts look similar to mine and we are both in agreement that this is in a consolidation channel. You can see my charts from earlier in this post.Ignored