bobcollett

Spidey Sense You are right bobc

Come on Highstakes, Its only $39 Just buy it and see for yourself. BUT If you think you can buy the holy grail for $39. Well..... You come from Oslo. Thats near the home of Father Christmas. Kind regards bobc

Dear waveslider You answered my next question before it was asked Point 2 must be a recent high. Now I can see why the pattern is weak!!And there are four points at the top. I was lucky. I actually traded a failed wolfe wave. Now you mentioned trading a failed wolfewave. Please have a another look at my chart. Going long would not have reached the target. It failed But it will have to retrace some before you decide it has failed How would you decide that? Kind regards bobc

Thanks waveslider I can see you are quite dedicated , better adjective, passionate, about wolfewaves. Its 9.30pm Friday. Bedtime. I have a few more questions tomorrow. Regards bobc

Dear waveslider YES ,that makes more sense. Is there a rule to help in the position of "1" ? Still a bit confused Kind regards bobc

Dear Waveslider I finally found a valid wolfewave (I think) But it looked like it could go both ways 1,2,3,4 or 7,1,2,3 I went short and made plenty But I left some on the table . The price hit the target and bounced back quit violently Thank you bobc

Hi joshdance My market is carefully explained on this thread no. 70 When a broker buys and sells the same deal , its called a "bookover" He has a buyer and a seller for the same stock at the same price.Or a price at "best". It requires no volume to post a gap trade. If there is no volume I believe the gap will close Just my thoughts regards bobc

Hi joshdance Well explained. You should have been a teacher..Are you saying there is no difference between the auction process as you describe and an electronic market. Then how come , for example, the spread is 10 points in a rising market and 30 points in a falling market I believe the electronic market is manipulated . Similarly, I believe a gap is often manipulation when it starts closing immediately. I have a test for this .If the opening gap trade went through at very low volume (on the tape), e.g. 10 shares, then somebody bought and sold to himself.The electronic market does this regularly. I am still a little in the dark Kind regards bobc

This is not a joke. Its a true story.But I dont know where to post it.... The Ig Nobel Prizes are awarded each year and are a parady of the real Noble Prize They are awarded at Harvard University. This year the Biology prize was based on the study of beetles, who became so enamoured with beer bottles, they died trying to mate with them. The beetles were of course, Australian. bobc

Hi cabbie Are you also a partner in this business, or just support? Regards bobc

Hi Lornz, And if I traded Forex? And questioned the anomolies.Would you reply that I was not watching the correct price feed.The forex price feed also has no centralised exchange. It comes from your broker. So if you have two brokers , you can get two different prices. My original question is unanswered. What is the difference between an auction and an electronic market? Maybe I should change it .How do they operate an electronic market? How do they decide on the spread? Is there some girl sitting inside the computer pulling levers? (no pun intended) Or is it totally automatic? If so , how is it possible to open with a gap.?. Regards bobc

Hi Lornz Norway,the inventers of the ice cube. Your reply is aggressive.BUT your reply is very important to me, because most members on this forum dont know what a CFD is. Please start again. bobc

A very nice reply Zdo. Maybe you should have been a marriage guidance counsellor. I dont know much about Austria. I went skiing there some years ago. Kitzbul was beautiful, and your bread taste like sawdust. What I do know is if your European Union creates a 3 trillion euro support package, there will be massive inflation.So maybe now is the time to look at some cheap property......in the U.S.A Also Austrian banks are heavily exposed to Eastern bloc nations. So maybe put a little "rainy day money" under your mattress. Kind regards bobc. PS A lot of maybees in this post. Sounds like an Economist

Hi Tams Nice post Regards bobc Hmmmm... new avatar?

Hi Lornz, What is "the feed of the futures market"? regards bobc

Hi Zdo The questions you are asking are fundamentalist questions. You are looking at the big picture. This is a forum for traders. Maybe they dont know the answers.Better still they dont want to know the answer because it will influence their technical view. As a fundamentalist , with a degree in Economics to support it , I can answer some of your questions. But I am a novice" trader" and feel intimadated by the guru label under your name. Kind regards bobc

Dear waveslider, I have just discovered this thread. I dont trade patterns, but I find your thread very interesting, and I will start reading from the beginning.And you have been patiently explaining all this for 4 years!! Kind regards bobc

Dear clmacdougal. I remember you, the member from Halifax, Canada. Halifax is where they caught the first halibut fish , and its also where they sent the first fax. Thanks for the auction answer . Now where's the other part, the electronic market answer? Kind regards bobc

I realise this question is off topic but...... Can somebody explain the difference between a normal Auction and an Electonic market. I often see anomalies in my daily price feed which is not an auction. e.g.while prices are rising the spread is 10 points when prices reverse , the spread becomes 30 points My market is the Top 40 futures index (South Africa), similar to the Dow,and the trading platform is supplied by I G Markets in London. Regards bobc http://cdn.traderslaboratory.com/Pictures/smilies/Missy.gif

Hi Rabbit What would you do with this lag info? The price is already telling you the direction. Do you add the lag to the MA? Regards bobc

Dear Tams As this is a thread about pictures I feel I can post the follows .. I note you have changed the little picture under your name from a pretty girl in a car to a handsome young man in an aeroplane. Interesting. Kind regards bobc

This is a true story We all know how frugal the Scots are. Well a Candian of Scotish descent, named Mcdougal, was travelling down to New York , from Halifax,when he was attacked by three robbers. He fought furiously ,but was eventually overwelmed.The robbers searched him to find only a crooked sixpence. One robber remarked "If he'd had a shilling he would have killed us all."

"And now, the end is near, and though I face the final curtain" Frank Sinatra