Simple's Green Room

[Qui-Gon Kagi]

Ok charger......so in the chart below, there was a 20 pip channel between where the TRIX and PPO gave reversal alerts and the price channeled those roughly 20 pips before breaking topside to move up approximately 150 pips. There had been a nice pinch on the TRIX overlay indis, a nice TDI fast/slow line crossover, along with the PPO and TRIX crossover alerts and yet the price channeled those 20 approximate pips before the topside breakout. I have been caught in those in the past and those false reversal alerts were the reason I'm still spinning my wheels; not losing my butt but not getting anywhere either. I've circled all those crossovers and pinches though I'm sure I didn't need to.

Now I need to mention that once the top was set in and the reversal did occur, there was still only a 100 pip reversal before price began channeling and finally broke out again beyond where my chart shows price action.

So.....the question in my mind is "how the heck do we avoid those 10 to 20 pip reversals where we seem to get a strong reversal indication from all the indicators but the reversal is a lousy 20 pips??? That's 20 lousy pips worth of channeling on a 4 hour time frame!!! Look at my chart below and let me know if you have any answer to that question please.