Replies to post #835 on Triple 000 and Sub-penny Chart Plays

[trader53]

Educational Post: The "Pincher Play"

The "Pincher" Play

The "Pincher Play", is an "early" method of getting in,
before the "pump" starts.

The price of the stock can stage a huge percentage spike-up,
as a result of the "Pinch".

This is the reason why we like "Pincher Plays".


The PPO and ADX "Pinch"

MrBigz Pincher Video Lesson

http://www.screencast.com/t/7FR3BYxeD


Simply put,
a "Pinch" is shown when the ADX black line is pointing up,
and the PPO black line is pointing down,
and the two combined,
resemble a pair of tweezers that are used to "pinch" together,
as one would use to pull out a splinter.

Examples:

Recent 2012 "Pinchers"