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Re: Qui-Gon Kagi post# 114267

Tuesday, 02/19/2013 10:05:31 AM

Tuesday, February 19, 2013 10:05:31 AM

Post# of 140146
Charger.....I read my reply to you and don't think I made clear the point of my chart. If you look at the first circles on both the TRIX indi and the PPO indi you'll see that the TRIX had already given a crossover reversal alert but there was no price reversal. The reversal occured when the PPO gave the crossover alert. Notice that when the PPO gave alert, the TRIX lines in the circle rolled up and then back down in parallel. According to the TRIX, the reversal should have already occured, but it didn't until the PPO crossover and the TRIX pinch presented in the TRIX indi windows above. Now scrolling back through the charts I see where the TRIX and PPO indi windows will both give crossover price reversal alerts and the price will indeed reverse. That will often occur on strong wave or trend reversals at the very top or bottom. I love that!!!

Unfortunately, there are times when both the PPO and TRIX will give crossover price reversal alerts and yet the price will just continue in it's trend basically ignoring those reversal alerts. Kind of like when divergence fails or the TDI fails. I'll post another chart in a couple/few minutes showing where the pincher setup fails to give a strong or at least obvious reversal alert for me. Maybe you have a solution or maybe we can put our heads together and find a solution to the seemingly failed reversal alerts by the pincher setup.

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