AAPL – Apple Computer (Last:626.52)


Apple blew past minor pivots yesterday like an armor-piercing projectile, implying buyers are eager for more. They put a bullishly impulsive finishing stroke on the day’s final bar (see inset), peaking within a cluster of ‘external’ peaks from last Thursday that could prove useful to camouflageurs.  A buying opportunity might look something like the one I’ve sketched. Please note that you may need to trade off a 24-hour chart with night bars to take advantage of such a development, and that night bars can often be flukey.  ________ UPDATE (11:03 a.m. EDT):  The Dow Average, down 236 points at the moment, is the tug-of-war winner today. It has dragged Apple $7 lower, but the stock is nonetheless showing resilience — so far by going no lower than a ‘p’ midpoint support of a minor corrective pattern (5m, a=635.38, b=623.52).  The midpoint lies at 623.85, just 5 cents beneath the so-far intraday low, but if it’s breached, expect the stock to continue falling to at least 617.92, the midpoint’s ‘D’ sibling. Click here for a free trial subscription that will allow you to join the fun in real time.

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Tuesday, April 17, 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, April 17. Click below to register or get more information.

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