When I published the Mini-Dow tout earlier tonight the futures were dithering at a Hidden Pivot rally target. They have since exceeded it by 12 points, suggesting buyers are revving up once again. Expectations of a rally on a given day are running so high now that we really ought to be careful. That said, please note […] Read More
Google is too hot right now for us to play catch-up, but because we have a score to settle, we'll be looking for any opportunity we can find to plunder the unwary. The stock appears bound for -----, opening up the possibility of our buying cheap vertical spreads near the 550 strike. The December spreads sell for a little more than three bucks, but we'll want to pay no more than $1.50 or so. That will require legging into the spread, buy side first. Stay tuned, since the trade must be attempted when the stock is falling toward a Hidden Pivot retracement target.
Yesterday's bullish forecast and target worked well enough for at least one subscriber, Phil D., to make money while he slept: "Bought three minis below 1010 with a stop below your C-point before going to bed, got up this morning and saw we'd bounced just a hair over 1022, so I sold 2 at 1018+. […] Read More
Late Wednesday night, the futures were playing toe-sies with a Hidden Pivot rally target at _____ (see chart). The actual high so far is ____, and it could go either way. Notice that I have used, not the one-off 'A' here, but the obvious one. That's because I needed to project the highest target possible from the existing pattern. If it is exceeded, we'll have to move up to the daily chart to find a rally pattern yet to play out. The most obvious one, going back to the March low, yields a bear rally objective of 10431.
Yesterday's high fell a nickel shy of an 11.93 target that leaps to the eye from the hourly chart. If UNG should exceed that number on a closing basis, however, expect buyers to take it higher, to at least 12.45 […] Read More
This tout will officially correct a downside target by a small amount, to 75.47. As noted in today's commentary, I expect DXY to fall to that number and then to rally for a spell before plunging anew to 72.93. If the higher target is reached around the same time December Gold is hitting 1074, consider that a warning to lighten up on precious metals.
Here are two numbers to jot down if you’re interested in gold and the U.S. dollar: 75.47 and 72.93. Those are our current downside targets for the NYBOT Dollar Index, and we are quite confident that both will be reached in the fullness of time. The first lies just 1% below yesterday’s settlement price of […] Read More
Master the Secrets
of Hidden Pivot Analysis
The laser-like accuracy of Rick Ackerman’s forecasts are well known in the trading world, where his Hidden Pivot Method has achieved cult status. Rick’s proprietary trading/forecasting system is easy to learn, probably because he majored in English, not rocket science. Just one simple but powerful trick -- managing the risk of an ongoing trade with stop-losses based on ‘impulse legs’ – can be grasped in three minutes and put to profitable use immediately. Quite a few of his students will tell you that using ‘impulsive stops’ has paid for the course many times over.
Another secret Rick will share with you, “camouflage trading,” takes more time to master, but once you get the hang of it trading will never be the same. The technique entails identifying ultra-low-risk trade set-ups on, say, the one-minute bar chart, and then initiating trades in places where competition tends to be thin.
Most important of all, Rick will teach you how to develop market instincts (aka “horse sense”) by observing the markets each day from the fixed vantage point that only a rigorously disciplined trading system can provide.
The three-hour Hidden Pivot Course is offered live each month. If it’s more convenient, you can take it in recorded form at your leisure, as many times as you like. The course fee includes “live” trading sessions (as opposed to hypothetical ‘chalk-talk’) every Wednesday morning, access to hundreds of recorded hours of tutorial sessions, and access to an online library that will help you achieve black-belt mastery of Hidden Pivot trading techniques.
The next webinar will be held on Tuesday, March 24. Click below to register or get more information.
Hoping for Inflation
Greece? Investors Couldn’t Care Less
T-Bonds Headed Under 2% as Deflation’s Noose Tightens
Bet Against All Who Would Dump T-Bonds
Fed Managing Expectations Only of the Gullible
Obamacare Is Just Medicaid for Everyone
How Nanny State Suffocated the American Dream
Magazines Have a Final Fling at Frivolousness
Runaway $ Could Make Deflation Unstoppable
My Stock Predictions for 2015 and Beyond