All eyes are on the Euro

Today's updates from Rick's Picks. You are receiving this email because you signed up for daily updates at www.rickackerman.com Is this email not displaying correctly? [View it in your browser](. [Follow on Twitter]( [Forward to a Friend]( The Hidden Pivot Seminar "Trading success is only six hours away." Learn Rick Ackerman's risk-averse Hidden Pivot Method and never trade the old way again. The seminar comes with a 100% money-back guarantee. “...I am pinching myself to be sure I am not dreaming. I am more confident every day with the HP approach. I am making money... I am able to escape the screen if I so wish. I do not end the day stressed and hyperactive. Impressed? I am absolutely knocked out - just wish I had found the site years ago. Best wishes, long may you continue.”- David Ivory Recent Commentary - [The Economic Recovery’s ‘Elephant in the Room’]( - [Let Gold Do Its Job!]( - [Time to Fade the Raging Bull]( - [Tuesday Pass-Line Bettors Finally Seven Out]( - [Echoes from the Summer of 1929]( - [A Riskless Shot at $16,000 in Goldman]( - [Tesla-Mania!]( - [Nikkei Plunges, Wall Street Just Yawns]( - [200-Point Dow Rebound Looked Gutless]( - [Shorting the Top of Yesterday’s Wilding Spree]( Rick's Pick for Monday All eyes are on the Euro Published Sunday, May 13, 11:56 p.m.. EDT [Euro-dollar]( Euro/USD looks to have made a temporary low and should bounce a bit here. We don’t normally discuss currency pairs and the Forex market at Rick’s Picks but it’s important to understand what’s happening globally to understand what will happen domestically. With the constant bashing of the Fed compared to what’s going on in Europe the U.S. Fed looks like the Rock of Gibraltor. When you buy a U.S. Bond you are buying a bond representing all 50 states. Can you imagine buying a California Treasury Bond or a Florida Treasury Bond all with different yields? That’s exactly how the Euro was setup with each European member having it’s own bond instead of a unified bond market like we have here in the U.S. This is the Euro’s fatal flaw and this is why the German Bund is trading at 200 basis points lower than the equivalent U.S. treasury because German Bund investors think they are going to get Deutsche Marks when the Euro finally collapses. Once the Euro/USD bounce to the trend line resistance concludes (could take a few months to play out) it’s easy to see it dropping into the abyss below the critical 1.16 area and all hell breaking loose in Europe. Not only is this going to fuel the flight to U.S. equities but also catapult the U.S. dollar much higher. How high could the dollar go? The 1985 highs is not outside the realm of possibilities. If you don’t subscribe but want to join in the fun, [click here]( for a two-week free trial to Rick’s Picks, including access to a 24/7 chat room that draws great traders from around the world. Heading 4 Repeatable content blocks: Repeatable sections are noted with plus and minus signs so that you can add and subtract content blocks. You can also [get a little fancy]( repeat blocks and remove all text to make image "gallery" sections, or do the opposite and remove images for text-only blocks! Heading 4 Repeatable content blocks: Repeatable sections are noted with plus and minus signs so that you can add and subtract content blocks. You can also [get a little fancy]( repeat blocks and remove all text to make image "gallery" sections, or do the opposite and remove images for text-only blocks! Heading 4 Repeatable content blocks: Repeatable sections are noted with plus and minus signs so that you can add and subtract content blocks. You can also [get a little fancy]( repeat blocks and remove all text to make image "gallery" sections, or do the opposite and remove images for text-only blocks! [follow on Twitter]( || [forward to a friend]( Copyright © 2018 Hidden Pivot Enterprises, All rights reserved. You're receiving this email because you requested that our Daily Commentary be emailed to you. If you don't wish to receive further mailings, please use the unsubscribe link at the bottom of this message. Our mailing address is: Hidden Pivot Enterprises PO Box 270646Louisville, CO 80027 [Add us to your address book](//Com.us1.list-manage.com/vcard?u=822f57272edf2c46e4f77a7be&id=ca89ff5d33) [unsubscribe from this list]( | [update subscription preferences](