Friday, July 20, 2007

Welcome Mr Cable.


From now on, I'll be following Cable as well. The cable is exhibiting interesting attributes. I'm hoping to get a buy signal for Cable in 2-3 weeks. I'm aiming to buy between 2.01 - 2.02.

In case you are wondering why GBP/USD is called cable, here's the story. Many years ago, the banks traded GBP/USD using the most advanced communication technology at that time, the cable.

On the other hand, EUR/USD is probably called Fiber because fiber-optics is today's latest technology. LOL

Look at this spectacular Cable bull-run. I bet a lot of people made millions from this alone.

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