Gann’s Trading Methodology of Time Cycles. The term cableis a slang term used by Forex traders to gann forex trading software to the exchange rate between the pound and dollar and is also used to simply refer to the British pound itself.
The term dates its origins to the 19th century. In the 1800s, the exchange rate between the U. British pound was transmitted across the Atlantic by a large cable that ran across the ocean floor between the two countries. Since that time the exchange rate has been referred to as the cable.
Pair on the Intraday basis on 30 minute time cycles. Government Required Disclaimer – Commodity Futures Trading Commission. Forex, futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex, futures and options markets. Don’t trade with money you can’t afford to lose. Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. Do not invest money you cannot afford to lose.