With a Santa rally to as high as 137 possible, I suggested legging into butterfly spreads to leverage the bullish scenario risklessly. An energetic subscriber has done just that, acquiring two January call butterflies: the 125-130-135 for a net credit of 1.35 (nice work!); and the 134-137-140 for a 0.31 debit. Combining the two will […] Read More
I set the bar at 36.655 as the all-clear threshold for long-term bulls, but a lesser benchmark at 33.135 that I mentioned as well has been eclipsed by yesterday's rally. The burst of strength has brought into focus a bullish pattern that projects to as high as 34.270 over the near term (see inset). That's […] Read More
Crude has stalled at an important midpoint resistance at 102.15, but if it should pop through it energetically, look for the rally to continue to at least 109.31, its 'D' sibling. We should trade with a bullish bias for now, since one of these little 'camo' rallies is going to be the one that launches […] Read More
Early Wednesday morning, March Silver was stealing up on a bullish threshold whose breach could portend more upside over the near term to as high as 34.270. Check out the chart that accompanies today's tout, since it offers a compelling picture as well as some useful price points for camouflage […] Read More
Because the turn came yesterday from just above the 1702.60 Hidden Pivot support where we were bidding, we hold no position officially. The futures look like they're about to fly or die, the corrective action since late September having gone on for too, too long. My trading partner John Boutiette, no slouch in the Hidden […] Read More
All of the gurgly action of the last few days has taken place just beneath the external peak at 1270.75 recorded on November 14. That makes the monster rally from 1147 suspect, since, having exceeded no prior peaks, it is not even impulsive on the daily chart. A minor upthrust from these levels would remedy […] Read More
This Thursday morning, December 8th, Rick will be conducting a webinar focused on the state of global markets. Among the specific topics of discussion will be bellweathers such as the Dollar Index, T-Bond futures, the euro and index futures for the broad averages. During these events Rick examines a variety of issues with an eye […] Read More
No sooner had Merkel and Sarkozy put the finishing touches on the latest bailout rumors than Standard & Poor’s was threatening to downgrade the debt of 15 of the 17 euroland nations. Recall that as the week began, France and Germany were talking up the latest supposed solution to the debt crisis. Bigger and better […] Read More
Click here for a special deal for graduates of the Hidden Pivot Course who want to stay on the cutting edge
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, October 13. Click below to register or get more information.
Fed Managing Expectations Only of the Ignorant
The Bears’ Burden
Here’s the Set-Up…
Wednesday’s Volatility Bet
Why 30-Year Rates Are Headed to 1.64% or Even Lower
No Rest for the Wicked
Just Because a Rally Stinks…
Straddles Ahead of Freaky Friday?
As Chipotle Goes, So Goes…America?
Eclipse Fails to Spook Stocks