Sunday, November 19               Published daily Receive a free trade each day
The Morning Line

‘Fly-or-Die’ Jeopardy in Effect


The Dow was up 187 points Thursday, but the rally was noticeably lacking in exuberance. Most of it occurred on a gap-up opening in the early minutes of the session (see inset), rendering it valueless to traders who began the day looking for a way to board the next rally. Perhaps they’ll get their wish on Friday, only to regret it before day’s end. Whatever happens, a test of buyers’ mettle lies in the offing, since the broad averages are close enough to record highs that fly-or-die jeopardy will rule market psychology for the next few days. If the Dow Industrials come through with flying colors, keep 23517 in mind as a key resistance; anything above it, especially a close, would be bullish for the week ahead.

Rick's Picks for Sunday
$ = Actionable Advice + = Open Position
Hidden Pivot Calculator   Education Page
All Picks By Issue:


$NYXBT – NYSE Bitcoin Index (Last:6573)


The 7562 target I first aired here on November 5 for the NYSE’s bitcoin product (ticker symbol: NYXBT) came within $40 of nailing the top of the recent blow-off. The rally subsequently gave way to a spectacular, $1000 plunge from which the cryptocurrency has yet to fully recover.  Although the forecast was not quite a bullseye, I expect my accuracy to improve significantly when the CME’s Bitcoin futures contract begins to trade later this year.  For now, let me offer the 8338 target shown for NYXBT. It is by no means a lock-up at this point, and it could change if NYXBT were to dip beneath the 6573 point ‘C’ low of the pattern shown. If not and it simply heads higher, a quick move past 7014 (i.e., the green line) would put D=8338 in  play.  That number, a Hidden Pivot resistance, would become an odds-on bet to be achieved if buyers blow past p=7455 with ease. If you trade this product or are fascinated by Bitcoin’s nutty price swings, stay tuned to Rick’s Picks in real time for sane and precise intraday guidance, since it may be possible to generate a relatively low-risk entry signal using the Hidden Pivot ‘camouflage’ technique or a ‘mechanical’ entry set-up.  If you don’t subscribe but want to join in the fun, click here for a two-week free trial to Rick’s Picks, including access to a 24/7 chat room that draws great traders from around the world.

This is a free forecast (Tout) by Rick. Get a free trial of Rick’s Picks to see full member content.

$BA – Boeing Co. (Last:261.75)


Rick’s Picks Member-only content. Please Login (in Right Column)You must have a current Rick’s Picks Subscription to view this page

$AMZN – Amazon (Last:1129.21)


Rick’s Picks Member-only content. Please Login (in Right Column)You must have a current Rick’s Picks Subscription to view this page

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 Subscription
Lost my password

Seminar Information page.

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.

Knowledge Base Link