Based on this chart, I'll probably need it.

Cable Update (GBPUSD)

By saying bullish, you probably mean that my target isn't very viable. Maybe you're right, let's see.

Cable Update (GBPUSD)

I also have sell positions in gold. My target's around 1845, what's yours?

Cable Update (GBPUSD)

I've lost so much in gold too....it has no mercy sometimes.

Cable Update (GBPUSD)

Looks like it's on a one-way train currently.

Cable Update (GBPUSD)

You must be alive and healthy now. Good catch.

Cable Update (GBPUSD)

Good trade, you're probably in the money now. I'm also shorting cable and have some sell limits above the current price. My target for the time being is 1.36420, what's yours?

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I also believe that the tide is turning for the US dollar to strengthen. It may take some time though.

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I have entered some short positions in gold and am looking for a target of 1830. Let's see how it holds up.

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Hi RCtrader, What you said is true that a reversal should mean the end of a current trend. However, the definition of a trend is also very subjective even if everyone was looking at the same timeframe, let alone different ones. Hence, in my opinion, ...

Cable Update (GBPUSD)

I never insinuated that you weren't honest Bacco. I was just saying you should be more specific. I, personally, think that price will probably go down to around 1.3590 and then bounce back up. However, I hope that your analysis is correct and makes ...

Cable Update (GBPUSD)

Hi pipcenturion, Yes, he/she could be correct. I also agreed with the person that it could go down (I never argued with that). But mentioning levels or at least an estimate is important if in fact one's intentions of posting is to share ideas or ...

Cable Update (GBPUSD)

I've done my own analysis, I was merely trying to compare mine with yours because that's the point of a forum...to exchange ideas. I wasn't asking for specific levels either, I was just asking your definition of a reversal. Scalpers may call 20-30 ...

Cable Update (GBPUSD)

His take is that his so called "system" has never failed.

Cable Update (GBPUSD)

What's useless is you saying that there's a reversal without even stating how far you think cable will go down. In other words, you're just waiting for it drop 20-30 pips and call yourself a hero? Posting after the fact is useless, so don't even ...

Cable Update (GBPUSD)

Did you just steal maheee's crystal ball?

Cable Update (GBPUSD)

It's a shame though....the poster was perfect for entertainment purposes.

Cable Update (GBPUSD)

So what's your system's definition of a reversal? 50/100/200 pips?

Cable Update (GBPUSD)

I agree, it could go down anytime, but I doubt it will break last week's lows before heading up to around 1.37. What do you think?

Cable Update (GBPUSD)

Great call eur/usd took off after your post

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