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Replies to #216 on The FOREX Lab
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Giantsbran1227

10/26/10 7:19 PM

#217 RE: viperade #216

Looks like he's not on.

What I wait for is just that. RSI 2 and 5 to cross the 30 mark is one of the main buy signals I use when playing a pinch. It works very well. Also, throw up an overlay of full stochastic's on your PPO. During a pincher the stochastic's overlay will swim at the bottom for a long time. When the PPO comes in contact with it, that usually signals the pincher is beginning. I've found both of these work well. Sorry I forgot the stochastic overlay on the ANTS chart. If you add it yourself, you will see it just took place today. I am very optimistic for a run to happen today or tomorrow. Best of luck!