Ricks Picks

GCM19 – June Gold (Last:1281.10)

EST

Requiring buyers to hit 1293.20 before we give gold the time of day has paid off once more by keeping us from getting sucked in by this morning’s ill-fated rally. The futures hit 1292.80 before doing what they always do — i.e., turning tail with a vengeance. The selloff so far has amounted to $11, but because of our 1293.20 stipulation, we were not among the bulls who got trapped by unwarranted enthusiasm. The chart (inset) shows new downside levels and targets. The lowest of them lies at 1245.40, and it closely corresponds to a bigger-picture target at 1244 that aired here earlier. This Hidden Pivot support will become my minimum downside projection once gold has bounced from yet another Hidden Pivot support at 1262.70 that has kept us properly cautious for nearly a month.

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Seminar Information page.

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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