Captain_Walker

Captain_Walker

The current picture on the 3D time frame shows the following: 1. Price has rebounded to a 61.8 fib and is struggling. 2. The market has disallowed 6200 on four occasions. 3. Price is flattening in a structure zone. 4. The rebellion to current level has taken 5 times what it took for price to crash. 5. This is still a bear market as price has not nearly...

16:27

Captain_Walker Updated 

After crazy run up on a 2h time frame, Gold has shown us a corrective move which I expected and warned about just a few days ago. (I apologise for sound quality. I recorded this from my laptop) There is an important trends switch on the 2h time frame but it is early days. Have a look but be careful. If shorting, avoid FOMO. Disclaimers : This is not advice...

Captain_Walker Updated 

This is a 1H time frame. The perspective is confined to this time frame only. There are no predictions on this chart. There is evidence of an important trend switch for the south, visible to everybody. Trend switches do not mean price is gonna fall. It only creates a greater probability of movement in the direction of the switch. For every probability in one...

Captain_Walker Updated 

The S&P500 is busting into a decisive zone. For some it will be heaven. Others say hell awaits everybody. The choice is yours. The markets have been said to be pushed not just by FED cheap money, but by Robinhoods (a popular search engine will say more). I depends on who you believe. Just to be clear, I don't know which way it's going or for how long in any...

Captain_Walker Updated 

Yep - I missed the parabolic pump and I'm sooo happy! There could be trouble ahead. Gamblers late in the game go right ahead! Those gamblers who made their killing could be getting out. You never know. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected....

Captain_Walker

While many were obsessed with Bitcoin and Gold, they missed GAMR! This was certainly a smoother ride to the top, if you caught it in time. Okayyyyy.. I missed it too! LOL. Anyways, I'm sharing. We need more people sharing stuff like this when they spot it early on. Now may not be a good time to go long on GAMR. Disclaimers : This is not advice or...

07:40

Captain_Walker

I can't predict the future, unlike many of my fellow traders. However, I know a bad weather setup when I see one. Have a look/listen. I don't like what I see. I see storm clouds gathering. I see delusional pumping of a market. I see a deep disconnect between reality and sentiment. I see momentum falling off. But make no mistake - I do not underestimate the...

Captain_Walker

The short answer is that I don't know! As I keep saying, I don't own the future. I'll say what I see and my inferences. 1- Wide zone of congestion approaching - likely to cause hesitation. 2 - A rising contracting wedge. 3 - A retracement on the 1D time frame up to near 76.4%. None of this is predictive of anything. Markets do as they like - or more...

Captain_Walker Updated 

The China 50 took off like a rocket, leaving behind the DJI and other country indices. This is the CN50's biggest rally in a year. State media agencies talked up the index promising a post-coronavirus boom. Then the China Securities Journal made similar promises. This caused an almost 6% charge north in one day! However, there did not appear to be significant...

Captain_Walker Updated 

A healthy economy - which is not 'the stock market' - needs solid foundation . Some believe that the stock market ' is ' the economy. Some are definitely wrong! Sentiment is what the markets are about - this is not about reality. The DJI has now been reinflated but with what? 1 - cheap printed money 2 - loads of hope and greed. 3 - implicit guarantees. The...

Captain_Walker

Whilst the Indian market tends to follow the DJI a fair amount - as do other indices - there is major trouble with the virus in India, which probably exceeds that in America. (Expand the chart for a better view) This is a market worth stalking. It may follow the DJI to some extent, but history has shown that it can do 'it's own thing'. The current position is...

Captain_Walker Updated 

The most important part of trading - especially with true trend-following - is stalking your prey very very carefully. The next is controlling loss. Trend followers suffer heavier controlled losses - but also enjoy far greater gains - than those who rely on targets-based methods of trading. It is certainly not for 'everybody'. Only about 20% of all traders are...

Captain_Walker

This is getting really interesting. It's gonna be a fight between technicals and fundamentals. Recent analyses of FED fire power suggests they have only used only about 1% of their arsenal of 'tools'. This obviously means that there is a lot more room for the north due to FED interventions. But what is market sentiment saying? There is a big fight on. Get your...

Captain_Walker Updated 

Right - guys and gals - it doesn't get much better than this. Just don't blow up your live accounts on this pattern. Anything is possible. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is...

Captain_Walker

In this sample of countries, China and New Zealand appear the most successful in fighting infection rates of COVID-19. India and Brazil are still going exponentially north. Do you believe lamestream media, or do you believe the data? The choice is yours. China seems to be closest to developing a plateau, followed by NZ. I see the start of a second wave in...

Captain_Walker Updated 

Hopefully this post is both educational and entertaining. I was having a discussion on line about the advantages of quantum speed trading - and how it has a greater power than the human brain. For sure it is more powerful at number crunching. But quantum slowness is about trends! Look at the lovely 15 min trend. No big muscle computing power required. Just...

Captain_Walker Updated 

There are no promises, guarantees or predictions in this. The Aussies have been flattening out at a top - it appears - at this time. There are only two directions for price - nothing new in that. What happens in situations like these is: 1 - either price collapses. 2 - it rockets north. You can imagine what bulls and bears would say to each of the above....

Captain_Walker Updated 

There were mad moves on the DJI (Wall Street) north on Friday 5th May 2020. The bulls gored the bears big time. But there's 'fundamental' stuff that's not right. The Bureau of Labour Statistics (easily findable via a search engine), said that their figures were not correct. They even said in their report that if unemployment was counted more correctly the...