With the stock market near record highs, consumer confidence leaped in August to its highest level since 2000. Arguably, Americans haven’t been this giddy since August 1929, when shares peaked ahead of the 1929 crash. What could possibly go wrong? Shoppers in particular have been feeling so exuberant that they’ve been doing some of their buying at retail stores rather than ordering everything from Amazon. For our part, we’ll be monitoring the Dow and the S&P 500 more closely than ever for signs of a stall at key Hidden Pivot targets. If you stay focused on the lesser charts, as we continue to remind subscribers, you will never,ever miss an important turn. Although it’s possible to make a case for a Dow rally to 35000 if the trade war with China turns into a durable peace, it’s just as reasonable to argue that the bull market, currently in its 113th month, could end at any time without warning.
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Tuesday, August 20, 2019
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, August 20. Click below to register or get more information.
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