SureTrader
Interactive Brokers Advertisement
SureTrader
Home > Boards > Free Zone > User's Groups >

"House of Pinchers" (Pinch)

Pinch RSS Feed
      Hide Sticky   Hide Intro
Moderator: charger Assistants: pj McMulligan, Tina, wolfgangrene, jimmenknee, interloper
Search This Board: 
Last Post: 6/23/2017 1:55:08 PM - Followers: 825 - Board type: Free - Posts Today: 7

Who's house is this?  It's the PINCHER PLAYER'S HOUSE Thank you EVERYONE for making us a HUGE success! You guys ROCK.......let's keep making lots of $$$$
 
 

 Special thanks to Durkkdiggler  for his awesome job with the ibox header!
Please visit him here: Diggler's House of Images

 

Pincher Education
SG  Pinchers by simplegreen on 8/8/08
The SG pinch is generated by the lower ADX(7) line to show both direction and strength of trend used with the -DI or +DI of the upper ADX(7) indicator.If +DI and lower ADX line form the pinch then the stock goes up....if -DI and ADX line pinch then stock is going down..one must not ignore that willie 52 tho...it really needs to confirm the trend change from all I have seen in testing and trading this setup.Simply place on ADX(7) above another ADX(7) for a symmetrical display and the willie(52) and thats all there is to it.
Very nice example of a long term upward trending PIncher with notations of positive fundamentals and indicators:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31813329
MrBigz Pincher Video Lesson
http://www.screencast.com/t/7FR3BYxeD
 

Penny Stock Pinchers - Tina Marie
Warning!!!!    (Penny) Pinchers can be EXTREMELY volatile, but they can also be extremely profitable.  These stocks are typically companies dealing with potential de-listing, high dilution, and possibly have corrupt management or are just plain unstable. 

Penny pinchers can also be very profitable plays as well.  If you're unable to sell a stock quickly, I would not recommend playing these because just as fast as they may "pop" (move up), they have the same potential to fall just as quickly.  Never jump into one right away when you first notice it forming into a pincher.  Penny stocks can go much lower before they actually do run.  IMO once you notice a penny pincher, check previous days to see what the pps was and put it on "watch" for a stabilized pps (not going down further) before buying.  I've watched a few for weeks before actually buying. 
 
Against the better advice of my co mods in reference to allowing penny pinchers (mainly pinks) to be played here, I take the pro active role of providing a place to discuss them (not pump) and see pinchers as a tool for playing them and hopefully making some money from them.  Yes, they are VERY risky but a lot less risky than trying to play them on the momo stock specific boards (that they've already been front loaded and pumped with gawd knows how many free trading shares hitting the market from promoters and paid pumpers).  I see the pincher chart as an "early" method of getting in before the pump starts (if it does).
 
HOWEVER, please note that we will NOT tolerate pink sheet stocks being pumped on this boardIf it's clearly NOT a pincher, don't post it here - it will be removed as "off-topic." Stricter rules will be enforced for penny stocks than those that are fully reporting. 

PPO & ADX

 

Definitions:

The PPO (Percentage Price Oscillator) is a momentum indicator that tells us the percentage, above or below the long-term indicator, that a stocks price falls.  So,  when the PPO ‘pinches’ it was at -40%.  This means that the stock was trading -40% below is long-term average price.  It was grossly oversold. 

The ADX(Average Directional Index) is an indicator that shows the strength of a trend.  Measured on a scale from 0 to 100, values below 20 are considered weak and values above 40 are considered strong.  It is important to understand that the ADX does not indicate whether a trend is bullish or bearish only it’s strength

 

  

Good scans to get you started!
Charger's Scan (Stockcharts) - http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=33854076&txt2find=scan
SimpleGreen's Scan (Stockfetcher) - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31539713
Crable's Pincher Scan (Stockcharts) - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35020410
Starter Scans (Stockcharts) - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35047573
captain america's Scan (Stockcharts) - http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35233571

 

Soapy's PVO/STO Pincher Sell Signal

People often think that pinchers are only for BUY signals and not SELL signals unless the candle breaks down the MA(20). If someone tells you this, please remember that Soapy told you to slap such people and call them an idiot to their face. Also people often think that the PPO/ADX pincher is the king of pinchers (which may be true) but such pincher plays require the MA(20) to be your "golden egg" stop loss. But this too is utter nonsense when playing a pattern given a pincher. For example, consider the chart below for Deckers Outdoor Corporation in which a rising wedge can be seen using the green trendlines. As we all know, such a wedge is inherently bearish and needs a sound exit as to retain a profit. But how does a pincher tell you when to exit?

Unlike entry, which can be a total pain, the exit is quite simple to nail given the ability to look beyond the ADX/PPO pincher which has NO INFORMATION on when to exit other than: "Oops, we hit the MA(20) and I just lost considerable gains. DOH! I feel like I rode FFGO and GLCC back to 0.0001!" Since we're here to make money, we don't want to be the MA(20)-idiot that gave up 30% of profit due to an ineffective stop loss methodology. Thus we should consider appealing to a pincher as a signal to jump ship and take profits. The trick to this is to look at the PVO/STO pinch as a signal to exit. The chart below illustrates how to find such a pinch and is pretty much the entire story. So, please keep in mind that an ADX/PPO pinch may tell you when to enter, but the PVO/STO tells you when to exit if and only if you can define a pattern for the candlesticks. Also, for those who want to exit at the top of a swing, notice how the exit keeps you above the MA(20); an exit leaving more profit in your pocket.

Happy Trading.

 

 

 

 

 

PostSubject
#51281  Sticky Note UWTI - When Oil bottoms, 3x bull ETN interloper 01/13/15 11:34:43 AM
#49086  Sticky Note In my recollection, Freto, Wolfgangrene, GB, Bagman, and **D*A** 08/20/13 06:18:18 AM
#40470  Sticky Note Just a reminder to all that this board crable 05/03/09 09:31:21 PM
#56521   Hi Glenn, DDDX going current anyday now and Make-a-Bet 06/23/17 01:55:08 PM
#56520   CVRS...MARA...TROV...CEI...OGXI...APRI...http://stockcharts.com/h-sc/ui?s=CVRS glenn1919 06/23/17 01:48:33 PM
#56519   Yea, I agree. CNAB will stay on jjr04001 06/23/17 12:10:08 PM
#56518   CNAB, Pretty Interesting Chart. You sold right when SamLBInj 06/23/17 11:48:13 AM
#56517   Pulled outta CNAB at $1.10, right under the jjr04001 06/23/17 11:43:25 AM
#56516   Trader53, after looking through your post I saw interloper 06/23/17 12:18:52 AM
#56515   Trader53, if you can't chart it , how interloper 06/23/17 12:13:30 AM
#56514   Nice vol there, added RPRX today. gl&hf! :) pj McMulligan 06/22/17 04:44:46 PM
#56513   Been outta the game a few weeks and pj McMulligan 06/22/17 04:21:47 PM
#56512   Don't see one there mate, here's a few pj McMulligan 06/22/17 03:49:22 PM
#56511   BPTH weekly pinch diverging now on top of Richby30 06/22/17 10:22:35 AM
#56510   APRU - The Pincher Play trader53 06/22/17 08:59:43 AM
#56509   Played out perfectly, more to come? Wisco Wolf 06/22/17 08:56:27 AM
#56508   MARA, Already? Be careful in the 1st hour, SamLBInj 06/22/17 08:34:44 AM
#56507   I got whacked last Monday when I had SamLBInj 06/22/17 08:30:10 AM
#56506   RCHAD, Not too bad of a Risk at .0008 SamLBInj 06/22/17 08:27:57 AM
#56505   I saw your post on RCHAD, risky but interloper 06/22/17 08:20:56 AM
#56504   I'm in but it could crash today. I'm interloper 06/22/17 08:19:26 AM
#56503   MARA, Wow, Hope you were in...I went all SamLBInj 06/22/17 08:17:44 AM
#56502   Glad to Help, I don't want to see SamLBInj 06/22/17 08:15:27 AM
#56501   ARLZ interloper 06/21/17 03:35:50 PM
#56500   Yeah I was thinking you should have , interloper 06/21/17 03:33:45 PM
#56499   Wish I stayed lol naturalborninvestor 06/21/17 03:31:56 PM
#56498   MARA 10 min, daily , weekly interloper 06/21/17 03:20:14 PM
#56497   TRXC interloper 06/21/17 03:16:51 PM
#56496   Looking at RPRX youllberad 06/21/17 03:14:28 PM
#56495   Got out with a profit. Turd. naturalborninvestor 06/21/17 03:07:24 PM
#56494   Got out of it, thanks for your insight! youllberad 06/21/17 03:05:02 PM
#56493   MARA blowing up interloper 06/21/17 03:00:56 PM
#56492   BPTH weekly pinch getting juicy now Richby30 06/21/17 01:57:00 PM
#56491   RNVA pinching good now. Took a while, though. naturalborninvestor 06/21/17 11:27:47 AM
#56490   Good looks! I actually bought yesterday in the youllberad 06/21/17 11:05:30 AM
#56489   EVEP, Careful, The ADX14 is about to go SamLBInj 06/21/17 11:03:06 AM
#56488   $EVEP I think I got in a little to early youllberad 06/21/17 10:44:27 AM
#56487   If I were in my play would be interloper 06/20/17 01:36:38 PM
#56486   AMCN nice one interloper 06/20/17 01:32:14 PM
#56485   You bet, looks good! TVeyeGuy 06/20/17 11:51:47 AM
#56484   Thanks for the tip on posting a chart. L2PlayPennies 06/20/17 11:50:23 AM
#56483   Hi, CLDX -- I've been watching it, TVeyeGuy 06/20/17 11:38:14 AM
#56482   CLDX Pincher looks like its ready to pop. L2PlayPennies 06/20/17 11:34:32 AM
#56481   Seeing that, thanks for pointing that one out youllberad TVeyeGuy 06/20/17 10:44:04 AM
#56480   FRTA breaking $7 naturalborninvestor 06/20/17 10:37:58 AM
#56479   NLNK naturalborninvestor 06/18/17 08:28:49 PM
#56478   AMCN naturalborninvestor 06/18/17 08:25:17 PM
#56477   Good one imo Jaxon2010 06/16/17 10:40:04 PM
#56476   picture perfect pincher. Loaded already. naturalborninvestor 06/16/17 02:47:21 PM
#56475   FRTA youllberad 06/16/17 11:52:36 AM
#56474   Hope not. I just came back... and hoping Dasein 06/14/17 11:12:37 AM
#56473   Look at the 3 month daily chart with RobertOwens80 06/14/17 10:25:21 AM
#56472   RNVA pinch naturalborninvestor 06/14/17 10:11:01 AM
PostSubject