From Rick in the Trading Room (Please check all related discussion in the room before you do any trades.) Just posted in the Trading Room: 16:36 Rick ES: The post [13:51 yesterday] drum-rolling 4214.00 as CERTAIN to be reached was an easy call because buyers vaporized p, but also because the pattern was gnarly. The new HP course on Monday will offer an extensive collection of gnarly charts, since being able to identify them as a very good trick that will continue to evolve so that we can remain a step or two ahead of algos and all the mouth-breathers we presume to be competing with. The voodoo number will eventually be discovered and used in some fashion, but 'gnarly' is a fluid concept that AI machines and left-brain traders will find difficult to master. 17:00 17:07 Curtis Did not know new HP course had been scheduled. Where do i sign up 19:00 19:03 Rick The course will not be marketed, and only those who have taken the Hidden Pivot Webinar received invitations. Since you did take the course some time ago, it's possible your invitation got filtered as spam. I'll have Catman mail you a new one. Hope to see you in class! 19:20 Rick To everyone else: If you've taken the Hidden Pivot Webinar and want to sign up for this course but did not receive an email invitation, please contact Catman asap via the support link below. The course is titled 'Advanced Tactics of the Hidden Pivot Method'. It is designed in particular for those who have been struggling to make a living solely from trading. This course will get you there, I promise, and sooner than you might believe possible.
Rick Ackerman
‘Natural’ Winners
– Posted in: TutorialsThis marathon, 105-minute session includes tactics that have never been discussed before, including the use of a ‘natural’ a-b to trigger old-style ‘counterintuitive’ trades. The trick is simple yet powerful, as you will likely surmise once you’ve viewed the recording. Stick with it the whole way, since there is great stuff throughout.
Finding Gnarly Winners
– Posted in: TutorialsTo manage entry risk precisely, our trades have increasingly utilized ‘mechanical’ set-ups tied to the ‘c’ highs or lows of rABC patterns. However, the task will always be easier – and, perforce, more profitable -- if the ABCD patterns we’ve selected in the first place are good ones. Nothing can beat a gnarly pattern that almost no one else sees. This lesson contains some beautiful specimens that you should commit to memory for future use.
Small Opportunities
– Posted in: TutorialsExploiting small opportunities occupied us during this session, but I’ve ‘worked the numbers’ to illustrate how they can add up. Zero in on the final 20 minutes or so to see how.
Flying Without ‘Instruments’
– Posted in: TutorialsThe emphasis was on setting up trades with precise entry triggers and stops determined visually. As usual, most of the trades employed rABC patterns tied to ‘mechanical’ levels designed to cut risk down to size. Pay close attention to the E-Mini S&P trade, where we forced small, bullish winner even though our bias was bearish. We also stalked April Gold for a while, with insightful results. The objective was to do any trade, long or short, in whatever time frame contained a strong impulse leg.
Visualizing Trade Set-Ups
– Posted in: TutorialsThis session contains some fine shadings of ‘camouflage’ that combined rABC patterns with ‘mechanical’ triggers. As the Hidden Pivot Method has evolved toward greater simplicity, we have increasingly used purely visual means to determine how to set up trades and manage them. Pay particular attention to an E-Mini S&P trade that we rejected, since the thought process is one you are bound to encounter again and again. We stalked trades in real time, as always, to make the thought process clear. A so-s opportunity One in the E-Mini S&Ps that lacked pizazz provided It’s not unusual for trades that don’t trigger Once again, a trade that did not trigger provided
The Trend Is Your Enemy
– Posted in: TutorialsThe headline exaggerates my point, but that is not to overlook the fact that trading with the trend is usually much riskier than trading against it. Our edge in avoiding unnecessary risk comes from the understanding that the word "trend" is meaningless unless tied to a specific time frame. Check out the material near the end of this one-hour recording for an example that substantiates this. Note: The first 10 minutes are missing due to a recording problem
Learning Needn’t Be Costly
– Posted in: TutorialsUsing the Hidden Pivot Method, it's possible to practice rABC trade setups with real money and risk very little. To demonstrate the point, we spent most of this session looking at TSLA opportunities in real time. The stock was moving higher against the market, making it particularly tricky for most traders. You can see for yourself, however, that the stock's histrionics posed no particular problem for us.
Always Start With a Good Impulse Leg
– Posted in: TutorialsStalking the ‘Discomfort Zone’
– Posted in: TutorialsWe are increasingly crafting trade set-ups that avoid familiar places, particularly ‘D’ targets and midpoint pivots of too-obvious ABCD patterns. To further distance ourselves from the herd, we’ve literally turned the pattern upside down and inside out to produce x, p and p2 levels unlikely to be widely observed. Watch how it’s done here, along with a detailed explanation of ‘dynamic’ trailing stops that avoid giving back most of our gains if a target is not quite reached.