Captain_Walker

Captain_Walker

As you see on this 30 min time frame. The DAX is almost flat in its leading edge. Some try to find out what this means. It doesn't matter what it means or what's going in there. There are only three directions: UP, DOWN or SIDEWAYS. What do you do here? Difficult to say, because price can suddenly break out north or south. Whipsaws are quite possible too....

Captain_Walker Updated 

There was some kinda flag or pennant in that. It didn't work. The point is that these formations can fail. I'm expecting rebellions and more downside on this time frame only. If you're long on BTC on a daily time frame, what are you doing? You'd need a lot of 'bottle'. Man up. This post does not mean that BTC can't get to 20,000.

Captain_Walker

This is an interesting position. Anything is possible. No advice is given. New traders may need to study these patterns and practice on paper trading accounts. Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any...

Captain_Walker

I show why the DJI (Wall Street) is still a bear market - at this time (only). Expand the chart for a better view. There is what looks like a parallel channel heading south and two sharp ATR switches. Price moves around in the channel, breaks out and back in. Note also that what looks like a channel now, could change into some other formation. The market does as...

Captain_Walker

This is an analysis of trend formation. The DAX (Ger30) appears to be in a precarious position. Several features are shown on the charts. No one knows what the future will bring. Some may have ideas but no one can know the future. Sound traders take positions with an acceptable, affordable loss. Looking back to 25th February 2020, no one knew with near...

Captain_Walker Updated 

It's a channel. Nobody really knows for sure why channels develop. There are loads of theories. I'm not interested. A channel is usually discovered late, obviously because the channel is evolving and then you see it. Unbelievable as it is, it is there. So what do you do. Well, I don't give advice. What I do is understand that there may be limited opportunity...

Captain_Walker Updated 

Seasoned traders will know the influence USTECH has on world stock indices and several forex pairs. I'm seeing something that I did not quite expect. I stick my neck out. But note that this market is not a true market. How? It is well known that it is artificially inflated by the influence of a powerful body called the FED. If you don't know the FED, stop...

Captain_Walker Updated 

Many people have asked me what I'm doing and how I'm doing it. Basically - it's very different. This is an educational post. I'm an open book - no secrets. This methodology is a bespoke trend following strategy. It loses! You got that? It also wins. The job of a trader is to use any methodology to limit losses and maximise gains. That only comes with lots of...

Captain_Walker Updated 

The DAX (GER30) is in a troubled zone of congestion and seemingly fighting to stay afloat. Don't expect it to just roll over swiftly - though anything is possible. We're looking at a sharp rejection of the 2H ATR line. This analysis does not apply to any other time frame. But taking a steer from the 2H, there is money to be made (and lost) on much smaller...

Captain_Walker Updated 

EURAUD could be moving into a strike zone on the 3D and 1D. I'm not saying that you trade this time frame. The point is there could be nice volatility in the strike zone on lower time frames (long or short). Price 'nervousness' tends to happen in these zones. True traders feed on volatility. The trend is overall for the upside on this 3D time frame. Massive...

Captain_Walker Updated 

Patterns tend to repeat themselves. There is an interesting similarity happening here. Bear in mind that the markets are random but do hold hidden patterns. Caution and controlling loss are the big priorities. Positioning the next. I'm stalking this situation very carefully. No predictions today or at any other time. Disclaimers : This is not advice or...

Captain_Walker

There is a new gold in the world. Yes - that's right! Most people don't know about it. It's lying dormant and about to take of, in my estimation. In this chart I show - mainly for investor interest - 5 graphene stocks. Nobody seems to want them at this point in time. But what do you know about graphenes? Most people know nothing. For total transparency, I have...

Captain_Walker

I'm stalking this one for a strike, whilst resisting FOMO. Waiting, watching and planning is 90% of the job! The action could kick off on a lower time frame. Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any...

Captain_Walker Updated 

Yep - it's beaten me. This is a very weird market where hope and greed rule. America is basically burning down with COVID, supply demand chains disrupted everywhere, no sign of a vaccine "momentarily" as we've been told - yet this market struggles north. Every drop of good news moves it further north. In the last few days we were told that the cure was found for...

Captain_Walker Updated 

Nobody except me talks openly about losses. So here I go again: can you take the loss? USTECH is at a nice position. You absolutely cannot 'know' what it will do. All gurus who make predictions are wrong. They cannot and do not own the future. I never make predicitions. It's either the loss is affordable, in order to gain or it isn't. The markets are there...

Captain_Walker Updated 

This is a 12H setup - like the weather - showing the case for a potential reversal south. Features: 1 - zone of congestion in what looks like a PRZ 2 - an alternate ABCD pattern. 3 - price just below 12H ATR line. Contrary to the received wisdom ABCD patterns do not have to be a precise pattern with a 61.8 retracement of initial limb. It can be a 78.6. In...

Captain_Walker Updated 

Yep - nobody likes to hear about losses. But there is no way to gain in the markets without taking the risk of loss. Can you afford it? If not leave it alone. See: 1 - zone of congestion. 2 - near fib 50% 3 - near ATR on 8h. Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and...

Captain_Walker Updated 

Some have asked me about my rather different methodology. This 15 min chart of Gold which isn't my favourite, shows it all. No secrets. No fees. No signups. No signals. No obligations! 😃👍 The position setup shown looks back only to show how it works. There are 5 points at which this trend could have been shorted. If you're a day trader, you might have lost some...