Hidden Pivot novices will find this session relatively easy going, since we used some basic techniques and terminology to determine the prospects of Comex Gold and Silver over the near- to intermediate-term. We found tradable possibilities in each before moving on to the lesser charts of the E-Mini S&Ps. 'Camouflage' trading ideas and tactics got a good workout, since some markets that we follow closely were in actionable trends that day.
Tutorials
Using the One-Off ‘A’ for Precision
– Posted in: TutorialsIf you’ve grappled with the concept of the one-off ‘A’, this recording is essential. Although the session was shortened somewhat due to computer problems, it contains some of the most illuminating material I’ve presented on the topic. Specifically, we used a telling one-off ‘A’ in gold to identify a very precise spot for the nasty correction currently under way to reverse. There are strong reasons to believe that June Gold, currently trading for around 1497.10, will come down to at least 1370.10 before it can turn around. Find out why by reviewing this lesson.
How Bad for Bullion?
– Posted in: TutorialsGold and Silver were getting savaged, so we searched diligently for clues concerning how long the correction might last and how severe it might be. We also took a close look at the Dollar Index, since the continuation of the dollar’s bear market would be a positive for bullion. Finally, we took a real trade in the E-Mini S&P, using the ‘d’ target of a corrective pattern. The trade worked, allowing us to take a partial profit and to secure the remainder of the position against risk.
Stalking the Wild Beast: Silver
– Posted in: TutorialsWe stalked Silver for much of the hour, bringing into razor focus some of the subtlest instances of camouflage yet elucidated in the 90-odds hours of the weekly tutorial series. If you want to see how one might calmly and safely trade a vehicle that has gone crazy and which strikes fear into the hearts, even, of experienced traders, this session is not to be missed.
The Silver Bull’s Sustainability
– Posted in: TutorialsBecause even some precious-metal bulls seem concerned that silver has come too far too fast, we took a close look at Comex futures, Silver Wheaton shares, and the ETF.. What we found was that the strong uptrends in each are showing little strain. Moreover, because their respective rally targets in charts of larger degree are well above current levels, there appeared to be little danger to the long-term bull's health. Rather than worry about the occasional, nasty downdraft, we should simply monitor the lesser trends for signs of the minor correction that could turn ugly.
Is the Dollar About to Turn?
– Posted in: TutorialsWe took a careful look at the Dollar Index (DXY), since its inevitable collapse will profoundly affect our lives. When might this occur? The current forecast actually projects a rally, potentially a major one, from just beneath current lows. For this reason, we pored diligently over the intraday charts in an effort to prepare ourselves not only for what we might expect, but for what we do not expect. Our analysis of impulse legs, particularly those signaled by thrusts above look-to-the-left peaks, contains some of the most subtly nuanced explanatory material in the recorded tutorial library.
Action a-plenty!
– Posted in: TutorialsThis was a great session. The Mini-Dow and Mini SD&P were both topping precisely at Hidden Pivots that had been aired long before the fact, and Gold and Silver were in a stall after streaking toward their respective, bullish targets. We also considered some very finely nuanced clues concerning the direction of the dollar, and we even managed to short the Mini-Dow in real time using a camouflage signal. Finally, there was a subtle look-to-the-left low whose role in our analysis evinced some new and wondrous facts concerning look-to-the-lefters.
Preparing to Short a Top
– Posted in: Free TutorialsThis session was open to all Rick’s Picks subscribers, since the focus was on leveraging a cluster of Hidden Pivots that, taken together, strongly hint of an important top. We traced the provenance of two such targets in the E-Mini S&P and also found a new one in the Mini-Dow at 12409. Not wanting to waste the opportunity presented by a possible last-gasp rally, we looked for camouflage entry spots for bullish trades in the mini-index futures. Even if the stock market doesn’t collapse after hitting our targets, we expect to make money on short trades by managing risk scrupulously.
The Subtlest Signs in the Dollar
– Posted in: TutorialsHitting price bullseyes may look impressive, but the real strength of the Hidden Pivot Method lies in its ability to correctly and confidently predict trends of different degree. During this class, we pondered some of the subtlest indicators imaginable on the chart of the Dollar Index. Although this vehicle recently turned from a low that had been precisely predicted, the question remains as to whether the rally will turn out to be the beginning of a major trend change. As you will see, a clear answer may lie in the very subtlest inflections of the lesser charts.
Reject Mediocre Opportunities
– Posted in: TutorialsThis session is interesting for its failures – mainly, to find a good trade no matter how hard we looked. Poring over charts for the E-Mini S&Ps, Gold and the Dollar Index, although we were able to precisely predict key price reversal in each – particularly reversals off midpoint supports -- downshifting to lesser charts revealed few distinctive camouflage opportunities if we strictly adhered to the rules. But with so many vehicles to trade, and so many opportunities in the course of an average day, why settle for trades that offer less-than-great odds?