Well, maybe not always, but it does work most of the time. I’m referring to the rABC, or reverse ABC, trade. We’ve been looking at these set-ups in various time frames, discovering that they produce win so consistently that we needn’t pay obsessive attention to the 1-to-3 risk:reward relationship that has been a mainstay of the Hidden Pivot Method. In this lesson, we focused on scalping rather than swing trading. If your execution skills are up to snuff, you can grind out $150 winners all day long with the rABC. Incidentally, the Boeing short initiated toward the end of the hour went on to hit its ‘D’ target, producing a theoretical profit of as much as $400 when covered 54 minutes later.
