With renewed U.S. economic sanctions against Iran slated to take effect on Tuesday, Iranians were panicking to exchange rials for gold. The buying frenzy had no discernible effect on the dollar price of gold, which sold off moderately in U.S. markets. You’d have to be an old-timer to recall a day when gold’s price could be pushed one way or the other by geopolitical events. Nowadays, even financial mayhem in some troubled corner of the world appears to have no impact whatsoever on bullion. Has ‘flight to safety’ come to mean shifting one’s cash into Amazon shares? Sometimes it seems that way. Whereas T-Bonds and T-Notes have their ups and downs, AMZN charges relentlessly higher on most days, providing investors with the kind of returns that have made safety an afterthought. Interesting times, for sure, and not just a little bit wacky.
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Tuesday, November 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.
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