It took the Indoos six days of chop to consolidate for yesterday’s mellow breakout to a marginal new high, but the rally appeared nonetheless to be strong enough to end the week on an upswing. There couldn’t be many bears left at this point, least of all those who have put their money where their mouths are. I have no strong convictions about this myself, although the nearness of a compelling rally target on the longer-term charts still gets my rapt attention. There are a couple targets that I’m watching now, actually, and all you need do to join in the fun is to click here for a free, two-week trial subscription. Head for the chat room once you’re signed up — and be sure to say hello.
Comments on this entry are closed.
Click here for a special deal for graduates of the Hidden Pivot Course who want to stay on the cutting edge
Tuesday, March 13, 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, March 13. Click below to register or get more information.
Stocks Plunge on Word of Little Nell’s Death
Hourly Charts Hold Key to Big Picture
Stocks Will Have Economic News to Contend With in Days Ahead
Beware of Dow 26,734!
Markets Go Bonkers for a New York Minute
Dollar’s Rally Turning into a Dead-Cat Bounce?
What the E-Mini S&Ps, Boeing and Amazon Can Tell Us
Rebound Less Impressive Than It Seemed
What It Would Take to Exhaust Sellers
A Mixed Bag — of Explosives