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Fakenews

Second wave or no wave - the choice is yours! Just have a look. I present a case for probability south on the DJI (Wall Street). Reality is catching up. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FOREXCOM:US30Education
by Captain_Walker
COVID-19 ATTACK, Fake news and the DJI (Wall Street)I present Tradingview data on COVID-19 infection rates and death rates in the USA - and compare those with the DJI (Wall Street). Contrary to what we've been told by our leaders and mainstream media, there is no plateauing of infections or deaths in the USA. NOBODY can say that the virus has peaked. The virus is charging north on exponential curves. Most of it's attack was in April 2020. This bug is just getting started. The chart shows the FED's QE infinity approach and how it has been failing. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile, and you lose your money, kindly sue yourself.
CEducation
by Captain_Walker
1
Wall Street: When market hysteria meets realityIn this screencast I show how I interpreted the bull run on the daily and how I entered on a 30 min time frame. Everybody (almost) went 'Wooohoooo!" when Trump made announcements that trade war with China was on hold. There was also the Wooohooo thing when Powell made his politically correct statement, which actually didn't say anything about halting interest rate rises. Well.. well.. reality hit home shortly after each of those two events creating bull runs. To be clear, nothing I say means that the markets cannot go north like crazy. I simply don't care! Why? Because I control my acceptable loss.
OANDA:US30USDEducation
by Captain_Walker
Dow Jones (Wall Street) - the big wobble.Crystal balls are either cracking or working overtime around the world in attempting to predict what's going to happen with Wall Street. See also What rules the world? As I said so many times before, 'nobody can predict anything' in stock markets or any other market - for the simple reason that nobody owns the future. In this screencast, I show a bit of my own methodology. There was a potential reversal zone on the weekly, that was stalked carefully for entry point on the hourly time frame. The 1h time frame was exploited. Then stop loss tightened on the 2h time frame using a combination of the VMA and Vervoort. Looking ahead, the 1D time frame shows a serious change of sentiment of investors. Price busts violently through an Guppy (GMMA) investor zone. Those watching a 200EMA on 1D chart will see that there is hesitation as price moves into that zone. Price may respect that sort of zone for a while but it doesn't have to. The squeeze momentum indicator also reflects the sudden change of momentum. Whatever it is that has accumulated to spook this market, is significant. I do not need to know. The news has reported that Wall Street is fighting back. Well yes, but it's not a major fight back at this time on the 2H to 4H time frames. Avoiding a 'predictions model', I simply position myself to get stopped out where I think is best. As mentioned in the video I do factor-in experience in this market, which cannot be written into an algorithm or set of instructions. Each instrument has a different 'personality'. So, my knowledge and experience in Wall Street is brought to bear on my probability estimates. In other words, though I have a methodology, how I apply it varies from instrument to instrument. Overall, my assessment of the market on 1D and lower time frames, is probability for further down side. But for every probability in one direction there is a residual probability for the opposite direction.
OANDA:US30USDEducation
by Captain_Walker