Quote from marketsurfer:
I'll argue that if you understand the "what" and "context"--- the delusion of patterns becomes clearly unnecessary. suf
Patterns are not a delusion. For example - tight consolidation is very objective. Combined with some stats of average instrument volatility it may provide you valuable information about the likely volatility expansion. Guess idea is clear enough. The rest is up to trader's personal preferences on how to use this idea.
