They do for sure. My favorite chart set ups in fact. They are very powerful if played right. There are a couple boards on iHib dedicated to pincher education that are excellent. It is also an easy play to learn, which I like! lol
Just make sure you are looking at more than the ADX/PPO pinch. The true pincher requires a few more indicators, but still not too hard to spot.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.