The bullish pattern shown can be bought ‘mechanically’ on a pullback to 2052.00, stop 2045.00, for a shot at 2073.00. If you’re uncomfortable with the implied seven points of theoretical entry risk, you can look for your trigger, camouflage-style, on charts of 15-minute degree or less. The advantage of this strategy is that it would allow you to get long even if the pullback does not come all the way down to 2052.00. If the futures seem eager to go even higher than 2073.00, where I expect discernible resistance to occur, gear for 2086.75, a Hidden Pivot target derived by sliding the point ‘A’ low down to December 14’s nice one-off at 1996.50 (2:00 p.m.) ________ UPDATE (7:53 a.m. EST): The target worked nicely — it missed the so-far top of 17-point rally by a single tick — but the pullback didn’t come down far enough for subscribers to load up at p2. I had a feeling that would happen, and that’s why I mentioned that ‘camouflage’ would get you aboard regardless. I’d be interested to hear from anyone who did the trade, since I’m always trying to improve the format of my recommendations.
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Just signed up my first trade with you,,,worked for me got out at 2053.. Explain Camo Thanks
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Thanks for the encouraging report. Glen. ‘Camouflage’ is a tactic we use to greatly reduce the entry risk of a trade. It entails using very minor chart patterns to create low-risk entry points along patterns of larger degree. The tactic is proprietary but easily learned. If you’d like to find out more about the course I teach each month, click here. RA