Friday, September 25, 2009

SIZ09 – Comex December Silver (Last:16.200)

– Posted in: Current Touts, Free, Rick's Picks

Applying Lindsay's rules straightforwardly, December Silver is entitled to a pullback into the range 15.120-16.645 before it embarks on another leg up.  The resumption of the bullish trend would be signaled by a booster-stage rally of at least _____ starting from anywhere within the given range.  The potential  for the move, measured from the low, would be ____.

GS – Goldman Sachs (Last: 182.89)

– Posted in: Free, Side Bets

Goldman's clawback propensity yesterday was fearsome, especially when you consider how very badly the stock needs to correct a 15-day run. If it pokes its greasy little snout above 185.60 today, bears had better be prepared to throw in the towel […] Read More

GCZ09 – Comex December Gold (Last:993.70)

– Posted in: Current Touts, Free, Rick's Picks

The corrective rally Thursday night promised to deliver no more than _____ -- and that was only if the Hidden Pivot's midpoint sibling at 997.30 is exceeded. Promises sometimes get broken, though, and we should take it as a bullish sign if it happens here. However, it would take nothing less than _____ to turn the lesser intraday charts decisively bullish. If we study Thursday's tumult from the top of the 5-minute chart on down, we find a Hidden Pivot at _____ that can serve as a worst-case target for the near term.  And as always, price action at the ______ midpoint pivot will tell us whether our coordinates are the right ones.

ESZ09 – E-Mini S&P (Last:1043.75)

– Posted in: Current Touts, Free, Rick's Picks

Yesterday's inebriated swan dive came within two ticks of a two-day downtrend's Day-Glo target (1040.50) on the hourly chart. The futures should go no lower than that Hidden Pivot support if bulls are to maintain the appearance of being in charge.  however, if they do slip lower, I'd put pivotry aside and use the 1025.50 low from August 13 as a minimum downside objective. Alternatively, a print at _____ Thursday night or early Friday morning would turn the one-minute chart bullish. 

Panicky Gold Sellers Find Safety Aboard Titanic

– Posted in: Commentary for the Week of March 8, Free

It’s a crazy world that views dollars and Treasury paper, of all things, as a safe haven whenever the financial news turns unsettling.  Yesterday’s upsetting story had sales of existing homes falling by 2.7% last month, darkening the mirage of recovery in the housing sector. Home sales had risen over the four previous months, but […] Read More



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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, May 19. Click below to register or get more information.

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An introduction to the Hidden Pivot Method

This 9-minute video explains Rick's trading and forcasting method.

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How to set up a "Jackpot Trade" using expiring options

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