Potential opportunities you ought to know about if you are paying for Rick’s Picks

Actionable Trade-Alert

from Rick in the Trading Room

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

13:18

  Sanjay Jain

Rick please can give update on gold and silver also [{{ No change in the analysis I published on Sunday. June Gold has spiked today precisely to p2= 4890 of the pattern shown in the touted chart. This means we can rely on it for an accurate picture and, eventually, a precise hit at d=5144.00. May Silver has so far failed to hit a corresponding p2 at 80.118, but it still obtains, as does d=86.375. The futures signaled a ‘mechanical’ buy on 3/26 that is still ‘live’ and which has gone on to produce a theoretical profit (as of today’s high) of $51,000 per contract. Since you are new to this room, let me invite and encourage you to track this forecast closely and compare its clarity, accuracy and outcome with whatever other forecasts you can find in the guru world.

13:19

  rick

A dip in May Crude to x=90.25 would trigger a very appealing buy signal, good for at least a one-level ride to p=104.86. The stop would be at 75.63, predicated on a 134.08 target. I’m not sure whether this morning’s 91.05 low qualifies, but the rule is to wait until the HP level is actually touched before initiating the trade or trade set-up. The chart:

13:19

  rick

https://bit.ly/4shMIyZ

13:30

  ncohrnt

Thanks Rick!

13:41

  Nick the Gre

We have to follow the rules i think.The bad thing is if it reach it overnight 90,25Also gold reached almost 4890 today and from that moment loss 100usd.

13:42

  Sanjay Jain

Okk thanks Rick for the update

 

14:00

14:13

  West

Awesome guidance – thanks Rick!

 

15:00

15:15

  darrin

ditto for those crude insights…thks rick

 

16:00

16:05

  Davido77

Could you not just place an order on oil Nick? It’s quite stressful trading with this conflict making everything so unpredictable. Everything looked smooth now the Israelis don’t want to stop blowing things up. So far an oppressive regime has been replaced with an oppressive regime and negotiations are underway to open a trade route that was previously open. The alternatives to the prevalence of sanity are so dire I think the best odds are on it doing so ultimately. Hopefully. At least I’m not running a trading group. I’ve done ok this week I guess (thanks for your input Rick) just running a solitary gold position having a break from it. GLA.

 

19:00

19:38

  rick

June Gold, currently 4732, would trip a ‘mechanical’ buy at the red line (p=4636.30, see tout inset), stop 4467.00. Since getting aboard at the midpoint HP is somewhat riskier than doing so at the green line (x), and because the initial risk per contract would be $16,930, the trade is recommended only to subscribers who know how to enter with a small-pattern trigger (i.e., ‘camouflage’).

 

20:00

20:00

  ncohrnt

< this dummy wondering why VXX daily isn’t showing 24 hour sessions

20:31

  Rick

In NQ, 26,113 is equivalent to the 7030.50 target that I just drum-rolled in an ES update. Jot them both down.

20:37

  ncohrnt

Okay, off to look at NQ.Just as a gut check, the red-circled peak is the only external peak on this chart (VXX daily), correct?https://i.imgur.com/18Icbg6.png (click image to enlarge once it’s loaded)

20:44

  Rick

In June Crude, an obscure Hidden Pivot at 91.17 looks like an interesting number, particularly because no one in the galaxy could find it. If the futures blow past it they will be on their way to at least 98.53. It is still worth using to get short, provided you know how to set up a ‘camo’ trigger that would reduce entry risk to no more than $400 or so per contract. Depending how the little sonofabitch misbehaves over the next day or two, it could also set up a drool-worthy ‘mechanical’ buy at 87.48.

20:56

  Rick

May Silver, currently around 73.810, would become a buy on further weakness that touches 71.065. I like this one almost enough to give Nick the green light. But not quite. Ace Pivoteers only, with the usual caveats.