His target price was 1.6225 and it got close to that, if not hit that. I am on my cell phone so can't see the most recent low. Which is why I used the word "think" instead of saying he did hit it.

Cable Update (GBPUSD)

I think you hit your target price.

Cable Update (GBPUSD)

I moved my stop loss to my entry, at 6144. Rule 1 of the Baggi trading system is in effect.

Cable Update (GBPUSD)

I am now. SL at 6160

Cable Update (GBPUSD)

If we bust through this current resistance and stay there through October, we'll be in a monthly uptrend.

Cable Update (GBPUSD)

I hope it falls just short of that before falling back down.

Cable Update (GBPUSD)

What is the divergence you're seeing?

Cable Update (GBPUSD)

I bought last night at 6122 and I'd sell right now if my stop hadn't been taken out after I went to bed. I don't know which way we're headed right now, but we are at some tough resistance for the bulls.

Cable Update (GBPUSD)

I still think we are headed lower. This is just a bump back up to resistance. I made a buy at 6122 and have my stop tight at 61554. I'll be going to bed soon, unfortunately, but if it got up to 6140 range I'd sell, take profit, and then sell again ...

Cable Update (GBPUSD)

I apologize for not being more clear. It would be a sell to open.

Cable Update (GBPUSD)

Because it can always go back up before it goes back down.

Cable Update (GBPUSD)

I've seen some good points in this thread and some really terrible points. I understand the desire to dismiss ideas put forth here because they've been there, done that, bought the T-shirt. I also understand the desire to think you're smarter than ...

The Trading System That Never Works

I feel like shorting right now for a quick flip, but I think we're going to get a bounce back up to the 6140 area first. If we do that, I'll sell.

Cable Update (GBPUSD)

I think we go down until we run into this daily uptrend. image The top red line is based off the monthly downtrend, and the bottom red line is the daily up trend. We came back off that monthly downtrend twice now, so I think we at least go back ...

Cable Update (GBPUSD)

Looks like consolidation in this range.

Cable Update (GBPUSD)

What's going to happen in GU right now will depend, I believe, on larger issues. Will the dollar or the pound become weaker due to governmental actions? I don't have the answer to this question. However, if we break up in GU, there is a long way to ...

Cable Update (GBPUSD)

What was the system?

The Trading System That Never Works

Yeah, you've basically got six months of rejections before the last two green monthly candles. If consolidation is like rocket fuel.....

Cable Update (GBPUSD)

This is what I'm seeing on the monthly, for what it's worth. image

Cable Update (GBPUSD)