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"House of Pinchers" (Pinch)

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Moderator: charger Assistants: pj McMulligan, Tina, wolfgangrene, jimmenknee, interloper
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Last Post: 12/5/2016 2:07:53 PM - Followers: 798 - Board type: Free - Posts Today: 0
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
#54544   BBGP .31 nice oversold pincher developing DJPennyTrader 12/05/16 02:07:53 PM
#54543   ICLD weekly interloper 11/28/16 10:48:33 PM
#54542   TC2000 or ThinkOrSwim Scan? Jacquespluto 11/28/16 06:05:41 PM
#54541   TRTC Looking Interesting. One of the Best Weed SamLBInj 11/28/16 01:00:09 PM
#54540   EXOL interloper 11/28/16 09:34:34 AM
#54539   PPP interloper 11/23/16 02:10:45 PM
#54538   Out all day..Just got in, Looks like Metals SamLBInj 11/22/16 07:37:19 PM
#54537   TVIA in at 1.50 interloper 11/22/16 03:48:12 PM
#54536   TVIA interloper 11/22/16 01:44:41 PM
#54535   MEMP interloper 11/22/16 02:26:42 AM
#54534   Dam! Nice one bud Jaxon2010 11/21/16 09:40:24 PM
#54533   OPXA - I found this intraday Friday and interloper 11/21/16 04:04:10 PM
#54532   http://www.nasdaq.com/article/silver-wheaton-about-to-put-more-money-in-your-poc SamLBInj 11/18/16 04:06:10 PM
#54531   This is usually when i do the best SamLBInj 11/18/16 03:44:50 PM
#54530   It's probably just a move to lure meat interloper 11/18/16 03:43:00 PM
#54529   See how tight SLW Calls are priced for SamLBInj 11/18/16 03:42:50 PM
#54528   PM's Running late on an Options Friday? SamLBInj 11/18/16 03:35:44 PM
#54527   Might buy a couple SLW also interloper 11/18/16 03:27:26 PM
#54526   Just bought SLV Dec 2nd $16 Calls at .18 interloper 11/18/16 03:26:25 PM
#54525   Never have Options when you need em... SamLBInj 11/18/16 03:25:05 PM
#54524   Reminds me of the 2014 Weed Craze, Anything SamLBInj 11/18/16 02:36:47 PM
#54523   DPRX interloper 11/18/16 02:34:12 PM
#54522   Me either. Guess people have to learn the Jaxon2010 11/18/16 12:45:58 PM
#54521   Crazy, Watching Shipper Stocks that are just shell SamLBInj 11/18/16 10:44:16 AM
#54520   Yeah I traded drys from 11-mid 20's cause Jaxon2010 11/18/16 09:49:54 AM
#54519   These Shipping Stocks are crazy and People getting SamLBInj 11/18/16 09:48:18 AM
#54518   When the SAR Flips and Vortex shoots up SamLBInj 11/18/16 08:24:56 AM
#54517   http://stockcharts.com/c-sc/sc?s=DPRX&p=D&b=5&g=0&i=t60475643426&r=14794711 Jaxon2010 11/18/16 07:13:02 AM
#54516   In for a starter of EGT, diggin that pj McMulligan 11/17/16 03:23:10 PM
#54515   Nice, Look at SCON, Wow...Not sure FREEF (FreeSeas) SamLBInj 11/17/16 01:56:02 PM
#54514   That's what I look for too interloper, here's pj McMulligan 11/17/16 01:45:56 PM
#54513   I memberberry Freeseas before the F, thanks will pj McMulligan 11/17/16 01:37:32 PM
#54512   Ty on watch Jaxon2010 11/17/16 06:10:00 AM
#54511   Thanks Jaxon RAVE on watch as well pj McMulligan 11/17/16 01:51:50 AM
#54510   One I found on shef's board Jaxon2010 11/16/16 06:53:19 AM
#54509   http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126586224 Jaxon2010 11/16/16 06:51:54 AM
#54508   Too busy at work right now, busy season... SamLBInj 11/15/16 07:15:36 PM
#54507   Lol then FCX and you could be good Jaxon2010 11/15/16 07:13:08 PM
#54506   I like Bi-Polar Stocks, Makes me feel like SamLBInj 11/15/16 07:10:52 PM
#54505   FCX does it often. Bipolar! Lol Jaxon2010 11/15/16 07:08:59 PM
#54504   Wish I heard about it in October..Wow..Could have SamLBInj 11/15/16 06:53:24 PM
#54503   What do you know about a shipper on SamLBInj 11/15/16 06:48:53 PM
#54502   Nice! FCX is a good options play. Check Jaxon2010 11/15/16 06:47:25 PM
#54501   I agree, I have been building charts for SamLBInj 11/15/16 06:36:12 PM
#54500   I quit messing with commodities a while back. Jaxon2010 11/15/16 06:10:42 PM
#54499   Look at the volume at the Close... SamLBInj 11/15/16 06:03:04 PM
#54498   Thanks, Still learning... Still trying to figure out SamLBInj 11/15/16 06:01:18 PM
#54497   Sold all but three shares in 20's ;( pj McMulligan 11/15/16 06:00:30 PM
#54496   Great trading Sam!! Congrats Jaxon2010 11/15/16 05:54:54 PM
#54495   Instead of Buying SSW we should have all SamLBInj 11/15/16 05:54:09 PM
PostSubject