DislikedI don't know what exactly did you get out of that phrase... since it started, but please people don't create an aura of holy grail around it.Ignored
U r quite right.. he suggests a lot abut the trend. but , just give it a thought-
a consolidation on one timeframe may b a trend on another time frame. And if spreads nd costs r not eating majority of the move, its tradable.
Moreover, i appreciate every such endeavour that motivates me and aids me in keeping the required state of mind. And this thread is one such eg.