All Eyes on…Redbook?

EST

Even when buyers are merely marking time, the TrumpSanta rally appears able to eke out at least a small gain. That was the case on Monday, when the Dow Industrials finished the session 40 points higher on comatose price action that barely generated a sine wave.  The close was smack-dab in the middle of the intraday range, implying that bulls were simply waiting for the right inspiration to seize the moment.  That could come on Tuesday with the release of weekly sales figures for chain stores, discounters and department stores. Ordinarily, this data from Redbook is greeted with a shrug. However, if stores across the U.S. have been as crowded as the ones here in Boulder, it could provide a bullish jolt to stocks. Investors don’t need much to get their juices flowing these days, so don’t be surprised if even slightly elevated retail numbers send the Dow up 100 points or more.

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Tuesday, November 28, 2017

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, November 28. Click below to register or get more information.

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