Captain_Walker

Captain_Walker

A potential kill zone is shown. DO NOT enter if you cannot lose money! It's this simple: price below amber 4h ATR. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions and not intended to assure you of an advantage. No predictions and no guarantees...

Captain_Walker

This is a short take. I'm showing a 30 min ATR trend line. Loads of traders know that ' the trend is their friend ', but do they truly exploit it? I don't think so. There were three main opportunities to exploit this trend. The problem is - now you see it but when it's developing you can't. But at each of two points where price hit the 30 min ATR line, it was...

Captain_Walker

This is a simple structure level situation. It's at what seems to be a resistance area. There are no predictions here. It's this simple: if you can't lose stay out. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions and not intended to assure you of...

Captain_Walker

This is indicative - not predictive - of a reversal pattern. See-saw patterns at market tops and bottoms generally mean something. What that means is 'be careful'. What more can I say? Nothing. Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions and...

Captain_Walker

This is a simple one - a structure zone on CADJPY 3-DAY time frame. Some say the more times price hits a zone like this the greater the probability of a breakthrough. That's generally true. The trouble is that no one knows how many hits are necessary. I previously showed that CADNOK remained contained for 4.6 years. To be clear, I am not saying CADJPY will...

Captain_Walker

More and more my posts are about controlled losses. I'm doing this because trading is mostly about controlling losses. Seriously, it is about taking affordable controlled losses at key areas in an instrument. This 3D time frame may not be the one to trade in. The value in higher time frames is about advanced vigilance for potential reversals of trends. A...

Captain_Walker

Some saw a few weeks ago the first pump on the US Dollar. Seasoned traders know that generally first pumps north off a structure area or approximate double bottom usually fall back. Now - the US Dollar is nothing to fool around with. It is wild and very unpredictable. This is a hefty macro-economic index - a basket of 6 currencies. It's the USD vs 6 currencies....

Captain_Walker Updated 

'Everybody' want's BTC to go north only. Well, you know what I mean. People want to know why Bitcoin is flaking out. Some will say ' Anytime soon to $75,000! " There are several indicators on this chart. No predictions here. I don't do predictions. Only probabilities. The chart shows some conflicting information. BTC is now coming into a zone of congestion and...

Captain_Walker Updated 

BTC did a major turn overnight (or day for some people). Price collapsed suddenly for the unsuspecting. But for those who were watching ATRs, the warning signs were in plan sight. Only on Friday, I was saying to a colleague (not on Tradingview)," Something ain't right. You gotta have bottle to hold on to a peak like that ." (referring to the daily trend). The...

Captain_Walker

Loss? Nobody wants to hear about that. Right? Am I saying this position is going to make money? Nope. I said it is an opportunity for a loss. It's a thing called a stop loss. Why would I go there? Price is close to the 1D ATR line. If it goes south, I won't know how far. If it goes north, I control how much it'll take. The best way to secure zero losses of...

Captain_Walker

I didn't say that this post is 'red hot'. And I don't know if or when the housing market is going to crash. The captioned question in a popular search engine rose 2,450% in the past month! That must be super red hot! What's the RSI on that? 😄😂 Expand the chart by pressing the + icon, for a clearer view. There is extreme chatter in the blogosphere about housing...

Captain_Walker Updated 

This is not a prediction. It's meant to be educational but it's an analysis. Loads of traders are unaware of what the Bond markets mean. This post can't be a full exploration as it's a massive topic. Some self-driven independent study is required. I'll give a few snippets of what I understand in the form of a story. The Bond Market (aka Treasuries) is the...

Captain_Walker

Sometimes a single candle can make a difference. How? It could trigger a trend change. This is not a prediction. It is vigilance for a trend change. Single candles on any time frame often fail. Position is everything (well not exactly). Some say it's luck. I say it is a chance to see how wrong I am. Acceptance of being wrong for a controlled loss is the...

Captain_Walker Updated 

Oh boy! Where were you when all this was happening? Cannabis (aka weed) stocks as a group set to take off. This could be bigger in percentage terms than Biotech pumps we saw in the pandemic period. As some will be aware major changes have been happening in the USA and Canada to 'legalise' certain aspects of cannabis. GTBIF and CURLF were ahead of the race....

Captain_Walker

Gold just did an important trend switch on the 2H time frame coming off what appears to be a double bottom at 1680. The switch is better seen on 15 min to 30 min time frames. Normally the first pulse which this might be is followed by a minor correction before further movement in direction fo the switch. But strange things do happen. This is a trend following...

Captain_Walker

I have long been an opponent of signals services and many other services that claim to be providing educational content - I have to declare. To avoid any issue that might breach the 'house rules', I have not named the company in question or any individuals. The Financial Conduct Authority is a legal regulatory entity (nothing to do with actual trading). The...

Captain_Walker Updated 

This one to watch. For new traders its a nice one to try out on a Tradingview paper trading account. The possible triple top is into a zone of congestion. Price may go up or it may go down - only two directions here. All you can do is take a controlled affordable loss (aka stoploss). This is positional play for finding a trend south on a lower time frame. ...

Captain_Walker Updated 

The trouble with double tops is that, you don't know where exactly price will go. Have a look. All you can do is take a controlled loss (aka stop-loss). If you can't afford it, don't take it (obviously). Today was exciting!! USTech was heading south, whilst price on other US stock indices went madly north. The news said, that this was a about rotation. (Read...