lowtrade

[lowtrade]

I don't like the pincher play. Because it's been my experience it doesn't work well. Many count on it giving a new move indication when tight. I've seen it fail to often, so I don't use it or teach it.

What you do is put the ADX and PPO TA indicators together and when the two lines get close, there is suppose to be a move start. This is just like the BBands getting tight. But IMO the BBands are more reliable. So I watch the BBands.