Actionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Thursday, August 31, 2023 08:0008:26 BillESU23 has slightly exceeded the important x=4535.31 level. [ {{ Try not to think of 'x' as an important level. It is neither a Hidden Pivot, nor a support nor a resistance, just a place where we set up some of our trades. RA }}} ]08:34 RickHere is the pattern that will be controlling ES today. It is sufficiently gnarly to work no matter what your purpose:08:34 Rickhttps://bit.ly/3PhA2bc08:42 BillThanks for posting this pattern, Rick. [ { Ur welcome, Bill. Enjoy! RA }]09:0009:07 RickIf you use p=4548.13 to get short, I'd recommend a trigger interval of 4.0 points. The current micro-selloff could change that, so check with me before you act. Virus-free.www.avg.com
Rick Ackerman
Last call!
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Posted moments ago in the chat room: The Labor Day deadline is approaching for longtime subscribers invited to take the 'Advanced Tactics' course. It will be the last such invitation sent out to this group this year, and possibly next. I will continue to limit access to subscribers who have been with me for at least two years and who have taken either the Hidden Pivot Webinar or the course on 'mechanical' set-ups. The $899 price will never be repeated.Virus-free.www.avg.com
Interesting Notes on Gold and Other Subjects from Bob Hoye
– Posted in: NotificationsA Notice from Rick in the Trading Room As promised in the chat room, here are some links to analysis from Bob Hoye that I think you will find interesting and insightful. The first is a 'Charts and Markets' update he sent out a couple of days ago that is very bullish on gold and gold stocks. Click here to bring it up in your browser. The second is a fellow deflationist's take on a real estate market that seems headed toward certain collapse. If you click a link embedded in the article, you'll find a special bonus -- a fascinating piece written for Barron's by Jim Grant that tracked the history of a blue chip property in Manhattan as it fell on increasingly hard times during the Great Depression. I tried to locate the article years ago, but neither Jim nor his secretary was able to find it. When Bob began to describe it in a conversation I had with him yesterday, I knew instantly what he was talking about. I am grateful to him for coming up with this gem, and for allowing me to share his work with Rick's Picks subscribers.
Test of email trade alert
– Posted in: NotificationsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)Hello, everyone. This will allow me to send out trade alerts posted in the chat room more easily. RAVirus-free.www.avg.com
Test Notification From Rick’s Picks – Please Ignore this message
– Posted in: Current ToutsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)> This is a test of Rick's Quick notification system > > Thanks > > Rick's Picks > >>> >> >
Test Notification From Rick’s Picks – Please Ignore
– Posted in: Current ToutsActionable Trade-Alert from Rick in the Trading Room (Please check all related discussion in the room before you do any trades.)This is a test >> >
A Way Forward
– Posted in: TutorialsEasy and Powerful
– Posted in: TutorialsWe have been focusing on ‘live’ trades that use reverse-pattern triggers. What matters most in creating profitable set-ups is where one plants the point ‘c’ highs and lows of rABC patterns. It’s much easier than you might imagine. If you need encouragement concerning how well this has been working, I’d suggest watching these recordings regularly so that you can keep score. There is additional material at the beginning of the presentation concerning the upcoming, radically revised Hidden Pivot Course.
Where to Plant Point ‘c’?
– Posted in: TutorialsCurrently, the set-up supporting nearly all of the trades we do is the reverse-ABC, or rABC pattern. Indeed, we need only find a good place to plant the point c high or low of a reverse pattern to craft a profitable trade trigger. This session covers my short list of eight ‘good places’ to anchor ‘c’, with the ‘D’ targets of gnarly patterns at the top of the list. Leveraging them to trade price reversals is not the most useful idea we have at our disposal, but it is the one that will endure once the droolers start catching on to some of the ABC winners we routinely use.
Regarding the upcoming course, ‘Advanced Tactics of the Hidden Pivot Method’
– Posted in: NotificationsFrom 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.