Show Buttons
Share On Facebook
Share On Twitter
Share On Google Plus
Share On Linkdin
Share On Youtube
Share On Reddit
Hide Buttons

ESZ11 – December Mini S&P (Last:1255.25)


December Mini S&P (ESZ11) price chart with targetsBy reversing without having achieved a downside target at 1201.25, the futures are hinting that bears should not try to impede this rally too aggressively. We can always short it fearlessly using camouflage, of course, and even come away with a profit if we’re wrong. But it will probably be easier to go with the bullish flow for now, for the reasons stated above.  Most immediately, that would imply leveraging the 1305.25 target of the pattern shown.  The futures have already slightly exceeded its ‘p’ sibling at 1257.00, so the rally looks like a ‘go’.

Comments on this entry are closed.

Keep Your
Skills Current

Click here
for a special deal for graduates of the Hidden Pivot Course who want to stay on the cutting edge


Start Subscription
Lost my password

Seminar Information page.

The laser-like accuracy of Rick Ackerman’s forecasts is 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, December 1. Click below to register or get more information.

October 21 Impromptu

Here's Rick, taking your many requests
in Real Time
Knowledge Base Link

An Introduction to the Hidden Pivot Method

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