Tutorials

We pored over possible entry set-ups in the E-Mini S&Ps, but it is the ‘camouflage’ set-up in March Crude that you’ll want to check out. The material is contained in the second half of this session. It explains how to get around crude’s propensity to behave less precisely than most other futures contracts in fulfilling Hidden Pivot targets. The workaround is relatively simple and accessible to anyone with a rudimentary understanding of the ‘camo’ trade.

This lesson was an un-themed smorgasbord, with cheese, crackers, fried duck’s feet, lutefisk and Rocky Mountain oysters. Some who attended called it a “great session” in the chat room. See for yourself. We did not identify any trades that could be attempted in real time, but as always, “doing nothing” provided a learning experience.

Rick starts about 1 minute into the video The market was in do-nothing mode, having failed to follow through on an opening-hour selloff but not strong enough to run 'er up bears' old wazoo. Despite this, we avoided tedium with a look at crude oil's charts that suggests much higher prices are coming. This came as a surprise to me, but you can decide for yourself whether the technical logic to support this conclusion is persusaive.

We found some enticing opportunities during this session, although none that allowed us to pull the trigger in real time. We also further refined the rules for 'mechanical' entries, a tactic we've been using with increasing frequency over the last several months. See how easily it worked to set up trades in the E-Mini S&Ps, February Gold and AMZN. There are subtleties here that will be new to most webinar grads.

The markets were predictably sluggish as stocks surfed the thermals of a holiday-packed week. Even so, we had time to advance the state of Hidden Pivotry with some finely nuanced observations centered on the E-Mini S&Ps in particular. The result was the formulation of a new and potentially very useful rule for setting up ‘mechanical’ trades. That’s why this lesson is a must-view for any Pivoteer who missed the live class.

We went off the beaten path during this session, setting up an option calendar spread in DIA designed to leverage a compelling rally target at 251.01. I described this tactic in an article I wrote years ago for Stocks, Futures & Options magazine, but this recording summarizes the material visually in just a few minutes. We also looked for day-trading opportunities in the E-Mini S&Ps, Boeing, Bitcoin and Amazon.

We typically limit trades in this stock to mechanical bids and offers only, since entering on buy- or sell-stops is simply too hazardous. During this session, shares had slowed to a crawl ahead of the Thanksgiving holiday. AMZN was swimming against the tide, however, up more than $10 with the broad averages trading flat to lower. What to do? We found a promising rally target to lay out a short, but it got squeezed into oblivion. In the end we found a compelling reason, in the form of a ‘guaranteed’ rally target, to go with the flow.

In the past, we’ve traded stocks priced above $1000 using ‘mechanical’ bids only. This is because entering on buy- or sell-stops could not guarantee a fill at our price. But suppose we were to allow some leeway, using stop-limit orders to get aboard? We had a chance to try this out in PCLN, which was trading for around $1724. Using sub-one-minute charts, we were able not only to get a perfect ‘read’ on the stock, but to set up trades that produced instant profits of $500 or more. See how, in explicit detail, by skipping to the final 15 minutes of this recording.

Securities markets were flatlining as usual during this presentation, but we were nonetheless able to identify some opportunities that could prove to be exploitable later. AMZN, Comex Gold, Tesla and Boeing were all considered, and even though none gave us a green light to trade, merely pondering their charts was illuminating. This recording includes the Q&A session that followed the class, so it runs about seven minutes longer than usual.