bobcollett

Hi TW You asked some interesting questions, so I thought I better go and reread the manual. And of course I am doing nothing like the manual says. Mainly because , like all GANN Theory, its badly written. I will get back to you regards bobc

Hi TW Perhaps I should comment some more on Gann Theory I understand it to mean that PRICE wont reach a point until it is ready. It requires a certain amount of time.And you can see the red arc is still a couple of days away. So its not going to happen on today,Friday. regards bobc PS And of course, NOTHING is 100% certain

Hi tw The resistance arcs are based on Fibs The box is drawn to the size of the initial upthrust. If there are 11 up candles, then thats where you draw the box Start at any pivot low. In this case it goes up 3 candles I see I have not drawn it correctly. I have left out the tail of the third candle, but there is still a braekout of the green arc.The fourth arc (red) acts like a magnet.But it could reach this arc sideways.Can you see that? The upthrust must be a fib number.If you get say 6 candles ,then you are wrong I am very interested in what Friday brings.I could still get stopped out. But I feel confident I am going to make some cash. regards bobc

Heres the latest Gold chart with Gann overlay And a breakout through the green arc I am long 2 contracts and the price almost got to my target 1298 But now I am looking at my version of Market Profile ..............volume on price. And between 1300 and 1340 there is NO VOLUME.......no interest. So if the price can get to about 1305, it can go to 1340 I am holding for the weekend regards bobc

Hi Patuca What time frame are you looking at? Why does the bar to the left indicate a lower high next? regards bobc

Sorry My post will really confuse Patuca The edge to BUY should read a "weakening $" regards bobc

I have a NEW PLAN Gold is consolidating in a tight band with support at 1270 and big resistance at 1300 Its still a bear market, but I am still a little bullish ,short term I think I can scalp 20 points . BUY at 1278 Sell at 1298 Stop at 1269 and enter short,because then its one way down to 1200 But I still need an edge to buy.... a strengthening $ I wonder if anyone has some info , if the $ goes up 100 pips , Gold drops $5 , or similar. regards bobc

Hello Patuca Dr. King.....hm,hm,hm...you give me little clues about yourself Now that I,m fully awake and had a chance to look at yesterday, I ask myself,would I have bought at 1302. Last week Ben said QE was continuing.... the $ fell and Gold went up. Yesterday Ben said QE was continuing.....the $ went up and Gold fell. I would have assumed the $ to fall further, and bought Gold... and lost my cash. regards bob PS Madmarket scientist. Please read Dr. Kings quote a few times , and then remove the insulting post by some vender over on Beyond Taylor. You know what I,m referring to.

Hi Patuca No ,its nighttime here in South Africa......ZZZZZZZZZZZZZZZZZ But yesterday at 4.20 pm , my time,,Gold broke 1301 Fortunately it was Wednesday afternoon, Golf day. Otherwise I would have bought and been stopped out 20 minutes later So there is a god. regards bobc

ASIA Gold sideways this morning I have added an oscillator ,RSI , to my chart. Now I dont think much about these techno things, but I hoped to find over bought conditions. It shows that Gold has NOT been over bought for a year. Does that make sense? It also shows that at -20, Gold is a BUY, every time. And it shows that it falls each time it touches the 50 line. Can I trade using this info.? Techno traders please help. regards bobc PS Astro charts show TURN date yesterday for DOW & DAX Expect a pullback. The Germans are very into Astro trading. The last big TURN date... 22nd May saw the DAX fall sharply . I think Kuokom trades the DAX. Be careful Kuokom

http://www.traderslaboratory.com/forums/general-discussion/10302-picture-day-64.html#post183309 Hi Patuca I see you got your photo on TL :haha::haha:

I think I must get Patuca across to have a look at this Nice punch line jp

Well Patuca, Heres the secret code of trading forums The thread is started by MMS or one of his modulators And all the experts jump in to offer advice And sometimes there is a bit of controversy, and the thread attracts a lot of viewing. And everybody will discuss everything except the most important thing,, how to make some money. But it dont help me nothing. So ,I stay away from them. Now back to the grindstone regards bobc PS To be recognized as a "wizzard", you must first gain respect for your views And respect is earned, not given.

Hi SIUYA You are 1618% correct Spolit for choice. AND Mercury is retrograde...... lots of ups and downs. And this only happens four times a year. So if it hasn't moved after 2 days , rethink. regards bobc Retrograde..... it looks like Mercury is going backwards, but thats impossible. Our Earth is just moving faster than Mercury... for the moment..

Two days of sideways GOLD markets Time for a review Back to basics...... Its NOT going to get past 1300 And I wont buy until it breaks 1300 And volume is falling, so if it does break 1300, its a trap And its a lunar red period.... markets weaken I have noticed there is some action in the Asian markets early in the morning (for me), and then nothing happens for the rest of the day. What does that tell you? This is my opinion only and has no proof. There is demand for Gold in Asia, and Western Paper Gold is selling out.... so far 26% The BIG decider is the dollar ................... WATCHING So I have NO position. That means no money to buy food regards bobc PS. Perhaps Petuca can send some fish for the family.

I note the S& P 500 went up for the 8th successive win to close at RECORD highs All traders (no names mentioned) who are SHORT , who believe its a BEAR market, will have to move their STOPS :doh::embarassed: regards bobc PS ....and CHinese Trade Report came in on the number, so its NOT over.

My dear friend Pat, Where have you been? I missed you I have tried to make TL a bit more "honest", a bit more realistic. Three traders posting predictions at the same time......first time ever. And each trader with his/her own method. (Note my careful gender differentiation ) I also note your conflict with MM and both of you are OFF TOPIC. But a bit of ES is fine. So, how did the fishig go? I know its hard to meet a girl , fishing, but, you never know. kind regards bobc

will watch that one with interest Hi tradingwizzard The stop should really be below 1800, but thats too much risk for me. regards bobc

No chart.....noddy bobc

Heres the Gold chart without the overlay Taken from Stock Charts....unedited Please tell me what is wrong with it? regards bobc PS And while we are wasting time.....ASIA UP BUY @ 1301 Target 1347 by Wednesday STOP 1290

Thank you SunTrader You have the "ba..s" to post your expectations. regards bobc

And for the Silver traders.......and the swappers (zzzzzzzzzzzzzz ) Heres a GANN Silver chart Silver looks SICK It has broken through the RED double arc and the target is the Green double arc but its at strong resistance BUY above 20.3 for the Green double arc target of about 20.7 SELL below 19.5 EASY regards bobc PS sorry about the spelling

Tough !!! I saved the projection and cut off the prices by mistake , but its a genuine chart from Stock Charts with an my overlay. OK SunTrader Lets see your predictions for next week :missy: regards bobc

Heres something NEW for the esoteric traders A GANN chart It looks complicated but is quite simple The horizontal lines are support / resistance The green double ARC is a target which was reached, but is also a strong resistance So BUY above 1300.....1320 to avoid a retracement SELL below1250 EASY But watch how ASIA trades tomorrow (tonight) regards bobc

Hi cowcool Read the above 20 times. And then sleep on it. And go and get that job. It takes years and years and........... kind regards bobc PS Its like life, I was born handsome , you were born rich , and some of us can trade.... LUCK