Another dull day had us looking harder than ever for good trading opportunities. What we found may have been unrewarding from that standpoint. However, the session was interesting nonetheless for the insights it gave us into the subtle ways we can use Hidden Pivots to understand and exploit price action even when it is at its most difficult. There are a few classroom gems here. See if you don't agree.
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Think E-Mini S&P Is ‘Impossible’ to Trade? Guess Again…
– Posted in: TutorialsEarlier in the day, an obviously frustrated chat-roomer had pronounced the E-Mini S&Ps 'impossible' to trade. To be sure, they are often trendless and always diabolical, but that hardly makes them untradable -- especially when it's possible to discern what our competitors are thinking. If you doubt this can be done, and relatively easily, check out the well-reasoned, manifestly successful 'counterintuitive' trade here which was initiated amidst a quite boring day on Wall Street.
Bending the rules
– Posted in: TutorialsWe looked at several trade set-ups that failed to trigger during our hour together, but the process of identifying these opportunities made the time well spent. Specifically, we considered some subtle mechanical set-ups, and we even bent the rules to give us a trigger for a ‘counterintuitive’ entry where the point ‘C’ low of a rally was below ‘A’.
Some Subtle but Powerful Tricks
– Posted in: TutorialsWe lucked out during this session, since some of the real-time charts we had the opportunity to consider contained exquisitely nuanced trading problems to solve. One of them involved when to subdivide an impulse leg in order to generate the least risky way to enter a trade. Those of you who want to greatly increase your daily income from trading should pay close attention to the segment featuring AMZN. Turns out an $800 stock is perfectly suited to that goal, since risk can be more tightly controlled than even experienced traders might imagine.
Reasons for NOT Doing the Trade
– Posted in: TutorialsDetermined as we were to force a trade during our hour together, it was slim pickings. Despite this, you may find our reasons for not doing certain trades instructive. There’s also a segment that dwells on the ineffable trading logic of impulse legs with two tops, one slightly higher than the other. The recording ends with a seeming opportunity to buy NVDA shares for a quick scalp. For the record, the trade sevened-out after the session ended.
Spotting the Best Mechanical Trades
– Posted in: TutorialsWe dog-tailed AMZN during our hour together, first finding a tradable pattern on the 15-minute chart, then drilling down to the one-minute to force the trade. We also examined an open trade in the yen that had been explicitly recommended in a tout earlier in the week. What kinds of things do we look for to distinguish promising ‘mechanical’ trades from likely losers? The material toward the beginning of this recording provides a finely nuanced answer to this question.
How ‘Little Stuff’ Can Add Up
– Posted in: Current Touts TutorialsOnce again, we played around with little stuff in order to prove that one needn't trade $80,000 round lots of AMZN to make consistent, easy profits. Although at the beginning of the session we jumped on AMZN's sub-minute charts to find ways to trade the $800 stock with literal pennies of theoretical entry risk per share, a segue to TLT, a $120 ETF, was both instructive and, well, downright fun. Watch this recording and see if you don't agree. The trade we settled on in TLT turned out to be an instant winner, and at the end of the hour we decided to let it run. This is a trade anyone could have done without fear, and with very little risk. I would strongly urge Hidden Pivot novices in particular to follow our decisions each step of the way.
How ‘Little Stuff’ Can Be Worth $100k/Year
– Posted in: TutorialsThe little stuff can add up: Yes, one "little" trade per day can amount to $100,000 of extra spending money in a calendar year. How little? During this session we looked not for extra-base hits, but for the bunts that can get us consistently from x to p, the midpoint pivot. Chat-roomers are reporting a success rates as high as 90% with 'counterintuitive' set-ups. That was the focus of this lesson, spent mainly on the one-minute charts of Comex Silver and Gold and the E-Mini S&Ps. For novice Pivoteers looking for the easiest and quickest path to success, this is it.
This ‘Counterintuitive’ Lesson Is an Absolute Must!
– Posted in: TutorialsThis is the most important tutorial session I have conducted to date, since it delves deeply into cutting-edge nuances of the ‘counterintuitive’ trade. The tactic has been generating exceptional results for those who are using it. In the chat room, traders have reported success rates as high as 90%. This means their trades are getting from x to p, where profit-taking is possible, nine times out of ten. The most remarkable and appealing aspect of the ‘CI’ trade is that it requires no special knowledge, or even good judgment. It is purely mechanical, with just one simple rule concerning the location of point ‘C’. For anyone who has taken the Hidden Pivot course, this advanced lesson is an absolute must.
A Fascinating Lesson on a Dull Day
– Posted in: TutorialsEven though the markets were in zombie mode, we looked at some very interesting trade set-ups. The first considered the value of getting merely from x to p rather than looking for home runs. There's a good living in this approach, in part because such trades, especially when they involve counterintuitive entries, can produce the kind of singles and doubles that equate to easy $500 days. With the second series of charts, we trained out attention on the very lesser charts, with the goal of forcing a trade. Is it possible to do so when there is almost no price movement, and when the vehicle of choice is the algo-driven demon ESH17? Watch this recording and you'll find out. The third trade we pondered involved straddling AMZN ahead of inauguration weekend. It can be done, of course, but as we discovered, there are difficult tradeoffs between risk and reward.