Brian Catalucci

Trading the “Wild Week” that Wasn’t

– Posted in: Tutorials

Far from being the “wild week” traders were expecting, the first three days have been a snooze. Finding good trades was particularly challenging as a result, but we still managed to come up with some promising set-ups. Check out the gold gambit toward the end of the recording, since the February contract took a crazy leap after pussyfooting earlier in the session. For the record, the short we’d pondered triggered late in the afternoon off a point ‘C’ high well above a 1478.10 midpoint pivot that had engaged our attention.

Zooming OUT for a Change

– Posted in: Tutorials

We zoomed out on the charts this time, since short-fuse rABC set-ups have been generating more opportunities than we can handle. It turns out that many of them are requiring buy- or sell-stop entries just seconds after a prospective point ‘C’ high or low is in. Be sure to check out the trade in December Silver in the second half of the class. This set-up was meticulously crafted to produce a trade that not only gave us sufficient time to get aboard, but which anyone could have done using the simple rules that govern this entry tactic.

– Posted in: Two-day Hidden Pivot Webinar

Register for the Next Live Hidden Pivot Webinar None Scheduled at this Time Click the link below to register to attend the next live Hidden Pivot Webinar   When you register for the next live Hidden Pivot Webinar, GOTO Webinar will send you a link that you will use to enter the webinar. Please safeguard the link as the link does not come from Rick's Picks. You should receive the link in about 2 to 15 minutes. If you don't get a link, let us know via subscriptions@rickackerman.com Please do not wait until the last minute to register as you may not receive the Link in time to enter the class Register for the next live Wednesday Webinar - None Scheduled at this Time

– Posted in: Two-day Hidden Pivot Webinar

Register for the Next Live Wednesday Tutorial Rick's Hidden Pivot Tutorial is normally held every Wednesday at 11:00 AM EST Click the link below to register to attend the next live Wednesday HP Tutorial When you register for the next live Tutorial, GOTO Webinar will send you a link that you will use to enter the webinar. Please safeguard the link as the link does not come from Rick's Picks. You should receive the link in about 2 to 15 minutes. If you don't get a link, let us know via subscriptions@rickackerman.com In these Wednesday Tutorials, Rick gives continuing HP education using real time charts. Rick highly recommends that all HP subscribers and graduates attend these sessions. Rick uses these sessions to introduce new HP concepts and strategies. This is part of the Hidden Pivot training. Don't miss out! Register for the next live Wednesday Tutorial (October 2)

Notice to all Rick’s Picks Members

– Posted in: Rick's Picks

To all members, Within the week, we will turn on our new website. It will be easier to navigate and will allow us to add more functionality for the use of all members. We will give advanced notice before the website is made live. Make sure that you have a correct current email in your account or emails to you will fail and cause you to be droppped from our list Sincerely Catman Rick's Picks Website Management  

GCQ18 – August Gold (Last:1426.30)

– Posted in: Current Touts Free

August Gold pulled a Pearl Harbor on bears and skeptics Tuesday, reversing early morning weakness with a surprisingly sharp rally. I'd expected another two weeks of corrective action myself after bullion's impressive run-up in June. However, the chart (inset) shows the futures to be bound most immediately for at least 1446.90. If so, that would be a new recovery high and an encouraging sign that even bigger things lie ahead. Specifically, a 1504.00 target would be in play if the August contract closes for two consecutive days above 1444.40 or trades more than $12 above that price intraday. Please note as well that a $150 plunge from around 1460 would not be the disaster it might seem at the time; rather, it would set up a textbook buying opportunity according to the proprietary rules Rick's Picks subscribers follow for 'mechanical' trades. ______ UPDATE (Jul 7, 5:05 p.m. ET): Last week's surge peaked just shy of the 1444.40 midpoint resistance, implying that bulls have run out of steam for the moment. Here's a chart that shows it. The futures will still need to close above 1440,.00 for two straight days, or trade more than $12 above this Hidden Pivot intraday, in order to clinch a follow-through to 1504.00. In the meantime, there is no 'mechanical buy' set-up to use on the daily chart, since the rally topped well below our sweet spot before the pullback. _______ UPDATE (Jul 10, 9:29 p.m.): The futures are in the third week of the correction I'd forecast above, seemingly eager to break out of a 60-point consolidation range. The pivot at 1444.40 remains crucial to the completion of this task.