Pincher System, Price Action, Support and Resistance

Discover the Pincher System, a daily Forex trading strategy using Price Action and candlestick patterns at support/resistance levels for clear entries.

Published · Updated · Methodology: Price Action

  • Methodology: Price Action
  • Content type: strategy
  • Timeframes: Daily
  • Markets: Forex

Indicators used

  • Price Action
  • Support and Resistance

Source video

Decoded from: Mi Sistema Ganador de Trading Diario-Yuri Rabassa by Yuri Rabassa — watch the original

Key timestamps:

  • 0:00 - Introduction to the 'Pincher System'
  • 12:00 - Importance of patience and backtesting
  • 15:00 - System statistics (win rate, R:R)
  • 17:30 - Long entry rules (hammer/engulfing on support)
  • 20:50 - Short entry rules (inverted hammer/engulfing on resistance)
  • 22:30 - Risk management (1% per trade)
  • 23:00 - Real chart examples

Topics

pincher system · price action · support and resistance · forex strategy · daily trading · trading strategy · candlestick patterns · swing trading · forex price action strategy · tradingview strategy · daily timeframe

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

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