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bobcollett

Market Wizard
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Everything posted by bobcollett

  1. Thanks Patuca You are a good man if you dont hear from me, you know I JUMPED OFF THE THALLAHASIE BRIDGE .............not sure about the spelling. best bob
  2. Stopped out at 1327 :doh: :crap: Thats why I always say, you can enter anywhere , its the EXIT that counts While I have made a 41 point profit (bragging) I have given back a lot of money I will have to tell my wife Leave it for Saturday. The immediate question.............. REENTRY??? Thinking The problem is I read the market perfectly. It was going to fall on a strengthening dollar. Yet I held :crap: Sometimes I wonder if I will ever be a really good trader. no regards jimmy the ....clown
  3. Hi wmck (we must cut kosts) I have been thinking about your comment We all come to TL to learn a bit and make a friend. Both are not easy.... it takes years. And often the" friend" is trying to sell you something. :doh: Watch out for Patuca.... snake oil salesman :haha::haha::haha::haha: This thread is not for you. I'll come back to you. kind regards bobc PS Wheres Sugar Land..... Cuba?
  4. Hi TW You see , when I suggested mitsubishi comment, I knew there would be more than one page . You owe me. And you can see how excited he is.:roll eyes: If you have time , perhaps go and read "Beyond Gann" :missy: You can also see that there is not a big readership of Gann Theory from the few comments. Thats life Now for for the million dollar question Do you trade with your theory? What market? kind regards bobc
  5. Hi tradingwizzard, You have to be a real wizkid to understand this :confused: regards bobc PS mitsubishi . Do you understand this? Or am I just a slow learner?
  6. DOUBLE DOG WARNING.... copyright Patuca The $$$$ is getting stronger Heres a Futures chart ASIA 11 am PRICE 1342 The PRICE actually got to 1348 (my wife asked why I did'nt sell, and 6 points was a nice car service on the Porche) Back to basics The trend is UP and breakout of my shortterm trendline confirmed The long term trend is DOWN ...But I think only SunTrader is looking at this (whens the next futures close out) The Paper Gold funds continue to liquidate holdings by about 20 tons a month It will be interesting to see whether this is continuing with a higher Gold price Still 3 days left of Lunar red period... expect a Down day. Market perception... bullish Short term chart to follow regards bobc
  7. my tomm Time 8.21pm Your time 3.21pm Time is importanr
  8. Sorry Patuca Important things on the go Answer will have to wait till tomorrow regards bobc
  9. Hi wmck6167 Strarnge name. What does it stand for? I see you have been quite active on the"Help me become a millionare" thread :haha: :haha: Maybe you should pay attention on this thread :missy: kind regards bobc
  10. Hi mitsubishi Interesting synopsis....4 is the magic number I actually think 7 is the magic number , but please give me a few days to think about 4 regards bobc
  11. Hi mitsubishi Today 23rd is Full Moon The theory goes that the Lunar Red period (weakness ) lasts for about 3 days past Full Moon, So there could still be a down day But I accept an inversion, and thats good news ,because there is more strength in the market as we change to New moon.... new highs coming. regards bobc
  12. Hi Silver Heres the Gann fan for you The Green double arc acts as resistance. The silver price went right through and closed above But it was a small candle. Thats uncertainty. The whole house could come toppleing down. Asia closed FLAT or just about. I will watch Gold Futures. regards bobc
  13. Hi Dan AH ,you mean the red "rectangle' I just drew a rectangle between a low and a high, where there was NO VOLUME. I have given away too many secrets and will not discuss this anymore, except with ALL MEMBERS of TL.If you arn't a member, you are dead. bobc Dear Moderator Please remove this post Its ugly Its not in the spirit of helping all traders. I am sorry kind regards bobc
  14. Hi Dan What is this red circle? Putacas games? I spent a whole year of my trading life studying Market Profile. I made $ Sweet FA...... this stands for very little in German. So my own version of Market Profile is VOLUME ON PRICE. When there is no volume , there is no price, no interest, a VACUUM,and PRICE will close this vacuum with ease (I hope) So put volume on price on your chart and see what happens Is there a GAP ? Thats my idea of a trading opportunity. kind regards bob
  15. Ingot has sent me a picture of his new blue jeans.....smart.
  16. Hi SunTrader Now I see how you can stay so calm in this rising market You are trading Futures regards bobc
  17. Hi Tradingwizzard, You have posted an interesting topic......Lunar Trading. You wont get many replies because Astro is a swear word , but I'd like to comment. Firstly Lunar Trading is based on the gravitational effects of the Moon + the SUN The fact that you cant see the Moon ,doesnt mean there is no effect. Its still there. But when the Moon and the Sun are on the same side of the Earth, New Moon, there is obviously more "pull", than when the Moon and the Sun are on opposite sides of the earth, Full Moon. (Likewise, if you have the Sun, Moon, Mars, Jupiter, and Venus, all on the same side, conjunction, you will get pulled off your feet.) So the more "pull" the stronger the market.The market will rise into the New Moon and fall into the Full Moon. I wont discuss all the problems with this method, but of prime importance is that it works better with BIG markets.... the indexes..I dont get much success trading individual stocks. Now you have probably noticed from my comments,your analysis is the opposite of the above. You suggest the Euro will fall at full moon.Thats easy to explain.You are trading a pair and the $ is the bigger market. Its the one that falls at New Moon and rises at Full Moon, and your Euro is the other side of the trade.So you analysis is still correct.Just upside down. But you also have some TURNS at the wrong Moon phase. Thats called inversion. The market does the opposite of the theory, and it happens about three times a year.I can live with that. Right 9 times out of 12 is a winning system. Now having been rather pedantic because I dont want new traders to get the wrong idea,I think your GANN Theory is great.And your prediction of the value of the Euro make sense. The $/euro should be at PAR , and with all the problems in Europe that are not resolved (now Portugal), its going to happen. I would welcome mitsubishis views on GANN.He says hes not an expert but hes 10 times better than me. kind regards bobc
  18. Hi Patuca The "riddles"are getting worse.....or am I the only one who does does not understand your method? Unless you dont really have a method...no offence meant, just looking for clarification. Perhaps zdo could help with interpretation of the "riddles" :missy: I am sure you wrote that you seldom use Stops.Now you use stops to see a change in trend. So you reverse your position at each stop ....the RANGE. So all trades are a scalp. Scalps dont make the BIG money... at least not for me Unless you are Al Brookes and your size is 200 contracts for a 6 point rise. (I am dubious about Brookes even trading. He never discloses his trades.) I wonder if I have said anything worthwhile? kind regards bobc
  19. Fridays high. 1298.1 at 10am Its not my platform .
  20. Hi Patuca No. But it sure would be nice Please go back and read post 788. Price and time must agree on a date. And thats next week. I dont know if or when it will happen, but I'm prepared . regards bobc
  21. IG Markets Spot Gold CFDs And you are correct. Tape shows 1297. I looked at the chart. Not too carefully I am sure you are right.....go home flat I have another reason to hold Today is a big TURN day . I think all markets will close lower, the $ will weaken, and Gold will break 1300. regards bobc
  22. Hi Patuca Its already been to 1298 There have been 3 gaps today.You dont often see a gap in the middle of the day.I think that indicates strength So far only one has closed.But you are a better trader than me ,so............ I will move my stop to 1295, and hold. :crap: I,m getting a bit nervous My worry is not today.My worry is Asia opens GAP DOWN on Monday. Way below my stop. regards bobc
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