Captain_Walker

Captain_Walker

The volatility of Bitcoin on anything less than a 4H chart, hides its path of momentum. On this monthly chart I show what I see. Move chart to left to see more. The path is more probably up in the long term based on monthly momentum. In my hypothetical $30,000 is possible - but I make no predictions. I previously made other speculations. If we hit a 1929-type...

Captain_Walker

I think this chart will be of interest, in overlooking the big picture. I say what I see and it is largely about a health timebomb approaching. So I deal with some technical and hidden fundamental issues. Always say what you see on the charts! Remember TA is about sentiment - until reality catches up. 1 - A popped bubble. 2 - A reinflated bubble. 3 - A...

Captain_Walker Updated 

The 4H position on the AUS200, could be an advantagious exploit for a controlled affordable loss. 1 - The Aussies tend to follow the DJI and USTech 100. 2 - But there is usually a time lag of between 30 mins and 2 hours. 3 - The DJI did a major leg down but the Aussies barley flinched after a major bull run yesterday. I've seen it many times, where they catch...

Captain_Walker Updated 

A head and shoulders (H&S) pattern is shown on this time frame. The right shoulder - not formed properly as yet - appears to be exhausting at this time. Price is struggling to stay afloat. This predicts nothing. The position is one to watch for those trading on lower time frames. Higher time frame perspectives are a must. This perspective is looking well ahead. So...

Captain_Walker Updated 

The chart shows a powerful sharp switch in sentiment - which is rare on the 8H time frame. Clearly sentiment has been dented. I see small gamblers jumping in, buying the dip. Sure - on smaller time frames they may make a few bucks. However, at the moment I think they risk transferring money out of their pockets - on the probabilities shown on this time frame...

Captain_Walker Updated 

The DAX could be heading into new trouble as Europe goes into turmoil. I see a head and shoulders in there on this 30 min time frame. It's never perfect. These take on a wide variety of shapes. Have a look. (Note disclaimers). Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no...

Captain_Walker Updated 

Well, get your popcorn ready!! US Tech 100 is in a precarious position. This is another thing that rules the world! Price ducked below 11000 - which is considered important. Will it stay below? How would I know? 🤷‍♂️🤦‍♂️ At time of posting price is a 10920-ish. Does this mean the backs of the USTECH and NASDAQ are broken? Of course not. Expect permabulls to do...

07:26

Captain_Walker Updated 

In this screencast I show some pretty interesting price action on the 1H time frame. I've used the 'theory of curves' to average out price action. The 1H is pretty risky now for trend following entries going south. The price action is looking rebellious, in that the bulls are fighting hard to keep this market afloat. There are two amazing 1H ATR switches which...

Captain_Walker

It doesn't matter what time frame you find stuff. Just share. That's what I do, so others can benefit (if they manage their losses properly). The 15 min channel is so curious. The obvious questions that will pop into minds are like: 1 - is that for real? 2 - how far will it go? It is real - if you see it. How far - nobody knows! Disclaimers : This is not...

Captain_Walker

Well, there was trouble at TESLA (TSLA). The chart shows major switches in ATR, SqM and investor sentiment. These are not predictive - and I don't do predictions. The changes are indicative of probability for the south. Price could go north before going south, if a bearish envelope persists. Disclaimers : This is not advice or encouragement to trade...

Captain_Walker Updated 

On Thursday 3rd Sept 2020, the DJI did an important about turn on the 1H time frame. Price collapsed 1100 points in one day (not on mid-point pricing). A correction was not unexpected, as many had known that the DJI was heavily overbought. As this is a trend-following set up, you will find no predictions . However, 1100 points was rather more than expected and...

Captain_Walker Updated 

Something major spooked markets all over the world today. There are loads of theories out there. For Technical Analysts, it doesn't matter too much. 'We' just need to catch the change in sentiment in time. The India50 - often called the NIFTY - made a massive trend switch - best seen on the 1H time frame. Big dumps like these usually see follow through - how...

Captain_Walker

This is the like the most powerful index on earth! From end of March 2020 to first week in Sept 2020, FANGS appreciated ~140%. If a trader had the right bottle, $1 could have become $34,000! This is just the mathematics. (Note carefully - this is an educational post, not a trade. I have not traded this nor do I make any claims. Trading in *derivatives in this...

Captain_Walker Updated 

NZDCAD(1D) rarely shows a very-sharp ATR switch. There are some interesting features in the price action which create probabilities for the south at this particular time. I've labelled this a potential short (note disclaimers below). If you short this, you have to be prepared to lose your stop-loss. I do not give advice - so nothing on stop-loss. If the...

10:25

Captain_Walker

Following up from my previous video on price of Gold, I show an startling inverse correlation between Gold and strength of the US Dollar (DXY). Before February 2020, Dollar strength basically followed Gold. But after February - the world changed. Keep in mind this was when COVID struck, and the FED flooded the economy with basically 'air money'. COVID popped...

08:00

Captain_Walker

This is an update on the daily time frame for gold. Things have changed. I see some sort of continuation pattern developing creating probability for the upside. Note carefully my disclaimer below. For every probability estimate in one direction there is always a residual probability for the opposite direction (- this is why we have stop-losses which must...

Captain_Walker Updated 

Pure greed has driven TESLA to ridiculous heights. Robinhoods are in this market. Most of them from China. Parabolic expansions tend to fall - sometimes very quickly. Stay tuned. Stay safe. Wash your hands and face! 😂 Eat veg! LOL. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied....

Captain_Walker

I've often seen head and shoulders patterns that take on strange shapes. It is not common to find a very neat head and shoulder pattern. Well this one caught my eye. It's a weird one. On the left is three humps combining into the tradtional shoulder. On the right is some kind of shoulder that doesn't appear well formed on 3D time frame, though more clearly...