SIZ11 – December Silver (Last:31.800)


December Silver (SIZ11) price chart with targetsUse the 31.755 target of the pattern shown to buy four contracts with a three-tick stop-loss. If the order fills and survives till morning, I will post further guidance. However, you should take half the position off if it goes in the black by nine ticks (i.e., 4.5 cents), and stop yourself out of the rest if a downtrend generates a bearish impulse leg on the three-minute chart. _____ UPDATE (2:09 p.m. EST): Around 1 a.m., the futures did indeed take a tradable, 5-cent bounce from 31.750, implying that you would have bought as advised and taken profits on half the position on the brief rally that followed, only to see the futures dive to lower lows, stopping you out, overnight. Officially, I’ll score the trade as a scratch.

Comments on this entry are closed.

Hidden Pivot Graduate
Help Page

Click here
for a help page needed as a Hidden Pivot Graduate.

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 a Subscription
Lost my password

Seminar Information page.

Tuesday, January 23, 2018

The consistent 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, January 23. Click below to register or get more information.

Knowledge Base Link
Show Buttons
Hide Buttons