InvestorsHub Logo
icon url

gb55

11/25/08 10:21 PM

#16102 RE: PremierStocks #16097

macd/osc pincher....watch it now...it's getting there....see the pincher back at the start of the triangle?


icon url

gb55

11/26/08 12:21 AM

#16111 RE: PremierStocks #16097

hey sox....i am the rookie on the block here...only been trading fx for a week and a half...lol....gheesh....

soooo i am hesitant to post this chart buTT i'm hoping to help you see what i'm seeing....i have combined the first two methods in the ibox....in a downtrend i use da's pincher set-up for buys and sg's tunnel of ma's to short...i would love to tell ya that i buy the pinch and sell that position at the tunnel buTT that's not the case....i grab what profit i can quickly because this can turn against you very fast and the leverage will wipe out my small account in a hurry.

to the chart...i hope it's clear as mud for ya hehehe
one thing to watch for is that the pincher needs to be tight tight...it can be deceiving and look like a pincher when it still has a lot of downside left....scroll your chart into the past to compare the strength of the pincher

as for the tunnel....i hope sg will jump in and explain it better.....it can turn back down at any of the 4 ema's....if the candle is charging up hard watch for it to go clear to the highest ema of 196....if it is easing up watch the lowest one of 121...

when the candles are above the tunnel, use the osc and cci 100 for the pinch...same ol same ol just on the oppisite side of the tunnel.....hope this helps AND i hope i don't come off as an arrogant bastard....i am trading a tiny account AND IDKS....and dat's the truth!

edit...pay no attention to the sym triangle....i just like to draw with the crayons when i'm waiting for the next set-up :)