Looking for Help on Acapulco and Pogo Trading?

Hello can anyone please explain to me - rules/spec’s on how to identify an Acapulco and Pogo trade

I just googled it and found it on youtube. What don’t you understand about it? It is a four candle set-up (never heard of it, sounds like it is made up). You have one near neutral bar with high volability, a second bar that is enclosed by the first bar, a third bar that breaks out and you enter on the low (when there is a upwards break-out) and place a TP on a nearby support level.

[B]Acapulco Trade[/B] (A Continuation Trade Using Shift Candles – Two Bar Formation)

A shift candle breaks through a Support/Resistance (S/R) level (Cliff candle). The Cliff candle must close at or near its forward extremity (no wick).

A retracement or consolidation candle immediately following pulls back to touch the S/R level before rebounding in the trend direction (Diver candle). The Diver candle must not extend or close price very much past the cliff candle and must not form a reversing wick. The Diver candle may touch behind the S/R level but may not close behind it.

This formation should occur within the course of normal level-to-level price action, and not with gi-normous candles crossing multiple levels due to news announcements.

The entry stop is placed ahead of the extremity of the Cliff candle or the Diver candle, whichever is furthest. The trade should be triggered within 2 candles of the Diver candle or else be canceled

The stop loss is placed behind the S/R level or the furthest touch back behind the S/R level by the Diver candle.

Target entry is set as with other Walter Peters set-ups (to the next S/R level). The trade should have open white space to the left at entry and should not be launched into a field of nearby previous price action.

Any pull back that closes behind the S/R level cancels the trade even if the stop loss is not hit.

[B]Pogo Trade[/B] (A Trend Reversal Trade Based off Inside Candles – Three Bar Formation)

A candle in a trend (mother candle) is followed by an inside candle creating the first two bars of the formation.

The third bar extends in the trend direction beyond the mother candle but closes inside the range of the mother candle, forming the pogo candle. Ideally the pogo candle will be a clear reversal spike candle.

The entry is beyond the extremity of the inside candle in the direction of the reversal. The stop loss is behind the trend direction extremity of the pogo candle. The trade is triggered on the next candle or two following the pogo candle.

Targets per other Walter Peters formations.