Rick Ackerman

Flying Without ‘Instruments’

– Posted in: Tutorials

The 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: Tutorials

This 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: Tutorials

The 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: Tutorials

Using 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.

Stalking the ‘Discomfort Zone’

– Posted in: Tutorials

We 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.

A New Way of Trading Hidden Pivots

– Posted in: Tutorials

The radically revised course on leveraging Hidden Pivot levels x, p, p2 and D to trade will emphasize purely visual/intuitive tactics for crafting precise set-ups and triggers. The course will not be available before mid-December, but in this tutorial session I preview some of the new techniques you’ll have at your disposal when calculating entry points for the reverse-pattern (rABC) trades that have become our workhorse.

rABC: One Size Fits All

– Posted in: Tutorials

We pondered subtleties and further refinements in ‘rABC’ set-ups during this hour together. It has become routine to combine this pattern with ‘mechanical’ triggers when initiating trades. This yields set-ups that can be used practically at will in any vehicle. Moreover, the process can reduce initial risk to literal pocket change, which can be especially useful to novice traders trying to sharpen their technique without paying a heavy tuition.

New Ideas for rABC Trading

– Posted in: Tutorials

This session wades more deeply into reverse-pattern (rABC) trades than we’ve gone before, delving into the thought process concerning how much risk to take. Tailoring the length of the ‘a-b’ segment addresses this question, and the answer can be somewhat subjective. However, you’ll be surprised at how it’s possible to tighten ‘a-b’ to inches, reducing risk to a practical minimum, without sacrificing opportunity. There is also some material concerning the ‘voodoo’ numbers I’ve been using to initiate trades precisely at swing points without using Hidden Pivots. This subject will be covered in detail in the radically revised Hidden Pivot course due out in November, but here’s a preview if you’re curious.

Learning Your rABCs

– Posted in: Tutorials

This session is packed with information concerning the rABC, or 'reverse-pattern', trade. If you've been uncertain about how to choose the prefect ‘a-b segment when creating a trade trigger, this recording contains all of the information you need. It also offers details containing the upcoming, radically revised Hidden Pivot Course that will be offered this fall to subscribers who have been with Rick's Picks for at least six months.