Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)14:51 RickNVDA 's top tomorrow will occur at 1067, or possibly a bit higher. (Click on link below for explanatory chart.) However, the carnival game is rigged so that no one could simply buy JoeyJolt's straddle for $78 ahead of the close and win. Although the straddle is guaranteed to be worth (probably much) more than that overnight, you won't get to trade out of it until most of the premium has evaporated before Thursday's opening bell. And even then, you will be dealing with fleeting highs/lows that will make it impossible to close out the straddle at anything remotely approaching optimal prices.14:51 Rickhttps://bit.ly/4bs22Sa Virus-free.www.avg.com
Rick Ackerman
Potentially actionable guidance posted just now in the chat room
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)14:16 CTVRick, are you still aiming for short ES at 5194.50? Thanks [ {{ See my 10:15 post and paper-trade this one, Linda. 5194.50 is where the signal triggered, but not necessarily where we should get short. If you're interested, the technique is covered in the mini-courses on camouflage and 'mechanical' trading. At the moment, your best bet for attempting to short ES at a specific price -- without using a reverse pattern and with a ridiculously tight stop-loss -- is at 5257.25. That's assuming this short-squeeze rally can get there. RA }} ]
If you trade the E-Mini S&Ps, check my 12:27 chat room post for timely guidance
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)
Possible opportunity in June Gold [See update, since the trade has been negated)
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Tuesday, April 30, 2024 08:0008:02 RickVoodoo number coming up in June Gold at 2310.50 that can be bottom-fished with a 5.50-point trigger interval (TI). [Note: I'd planned to email this recommendation to you 40 minutes ago after posting it in the chat room. Since then, however, gold has taken the leap I'd anticipated from above the voodoo number. This has effectively negated the trade, although not my suggestion that you paper-trade my chat room ideas for a while to get a feel for them. You'll discover that most either work or fail to trigger. RA] This trade was posted in the chat room a short while ago. It is recommended for subscribers who understand the risk and know how to manage it. In theory, entry risk on this one is about $550 per contract on this trade. I once posted only trades in the chat room that controlled risk VERY tightly. Over the last couple of years, however, I have loosened up and broadened the selection to include trades that I have found to work fairly consistently. You can decide for yourself whether to take them, but I'd suggest paper trading for a while before you jump in. This will help buttress your confidence and allow you to sharpen your risk-control methods. RA
Second attempt: Timely opportunity in E-Mini Nasdaq (from the Trading Room):
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.) 14:38 Rick: NQM24: Bottom-fish near projected low at 17,807 with a trigger interval (TI) of 41 points, good until 3;30 p.m. An attractive opportunity, but less so if it requires exposure to risk overnight..Virus-free.www.avg.com
Timely guidance in E-Mini Nasdaq
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)14:38 RickNQM24: Bottom-fish near projected low at 17,807 with a trigger interval (TI) of 41 points, good until 3;30 p.m. An attractive opportunity, but less so if it requires exposure to risk overnight. Virus-free.www.avg.com
Opportunity beckons in AMZN
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)12:42 RickBid 0.48 for AMZN 12 April 180 puts, day order. Currently trading for 0.78. I may adjust this price before the close, so stay tuned. We really do want to buy 'em, based on this appealingly gnarly pattern in the underlying:12:42 Rickhttps://bit.ly/3TKUlP912:44 RickThis one is for novices, too -- especially if you've never made a profitable option trade. Virus-free.www.avg.com
Actionable guidance in MIckeyD
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)10:25 RickBid 0.55 for expiring MCD 267.50 calls to bottom-fish the 267.05 target. Order good till 11:00 a.m.10:27 SpartacusMCD Cover the MCD short. by buying back the calls. Profit $11,900 Thanks for the help Rick. OK lets spec on the bounce [ {{ Ur welcome. Great trade, Sparty! RA }} ]10:30 SpartacusMCD 167.5 calls.. Did we get front run?10:35 RickNot sure. The so-far low at 267.30 missed my target by 0.25, or less than 1/10 of one percent. Seems close enough to for us to consider the target fulfilled, but I'll leave the 0.55 bid in for the calls anyway. They expire tomorrow and are already melting away; that's why I am lowballing my bid and time-limiting it. The offers are skittishly high, but I'd rather not buy the calls at all than pay up for them. That's because their volatiity will get crushed if the stock does rally from my target. Virus-free.www.avg.com
Are u ready to pile onto AMZN?
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)12:51 RickLet's plan on shorting AMZN when it hits 186.32. This will be an easy one for your Sparty, since the 12 Apr 187.50 calls you will want to naked-short will be selling for 1.90, give or take a few pennies, if the stock his my target tomorrow. I will come up with a put-buying strategy when the moment is right. At the moment, they are poorly synched at a projected 0.66 low.12:55 RickIt's kinda creepy that MSFT is stealing up on 430.58 yet again, even as nasty little NFLX is once again clawing at 634.14. That's a major reverse-pattern target on the weekly chart that no one but us could know about. It puts me in mind of 'The Thing That Couldn't Die," a 1958 horror film about the severed head of a very bad man that kept clamoring for attention, even when stuffed in someone's closet. Virus-free.www.avg.com
A heads-up for all you Newmont fans
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)11:38 BaplgWas unable to find the earlier posts about NEM calls. RA commented "depends on what price you were able to buy them". About 10 days ago. Bought 4 6/21 NEM 37.5s at 1.05. Just got out of 2 at 2.38. Bingo12:05 RickI can't find the NEM reference either, Bap. I would never have recommended buying three-month calls, not ever, but you got aboard at a decent price just before they began to climb. The trajectory has flattened this week, losing a little ground relative to the stock, but the calls look like they will achieve a minimum 2.55. If they exceed that price, 3.15 would be my target. There are quicker, easier ways to make money. The price corresponds to a 39.33 target in NEM that looks like a 75% shot to be achieved, presumably within the next 3–5 days. Virus-free.www.avg.com


