Use the red line to determine whether Monday morning’s steep selloff was just a shakeout. If DIA ends the day above that line, a ‘midpoint Hidden Pivot,’ then I can practically guarantee you that the thrust will continue to at least 202.35, the ‘D’ target of the pattern. For those who are familiar with my ‘mechanical’ entry technique, that would imply possible entry opportunitie(s) at level x, p or p2. Stay tuned to the chat room if you seek guidance in real time, since many regulars in the room will know exactly what to do with this one if it unfolds in the way I’ve described.
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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.
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