From the chat room this morning….

Actionable Trade-Alert

from Rick in the Trading Room

(Please check all related discussion in the room before you do any trades.)


10:00

 

10:25

  Rick

My ES target was a near dead-center bullseye, but I doubt this will mark the top, since it created a quite powerful impulse leg on the daily chart.

10:25

  Rick

I have become somewhat guarded about detailing the provenance of my Hidden Pivot patterns and targets. I am no longer promoting or selling any courses because my latest tricks work too well to share with just anybody. The same is true of my radical methods for trading options, which I demonstrated in here on two consecutive days a couple of weeks ago.

10:26

  Rick

However, I do plan to share some of my best secrets with those of you who maintain your Rick’s Picks subscription with no lapses. Also, I will soon offer the $1400 ‘flagship’ course free to new signups and to subscribers who have been with me for at least a year.

10:26

  Rick

I had a fascinating meeting over the weekend with a guy who is considered one of the top Tradestation programmers in the world. (Not Mike Barna, but someone he introduced me to.) My goal is to algorithmically automate certain types of trades that have been working particularly well for me. I spent two hours showing him in minute detail how these set-ups work.

10:26

  Rick

I had regarded them as explicitly rules-based, but he said there is more instinct going into these set-ups than I knew. (That explains why those of you who took the ‘Advanced Tactics’ course have had to work hard to turn ostensimply simple rules into consistent money-makers.) We settled on automating one particular type of trade. If it works, this is the last you will hear about it.

 

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