Individual patterns of trading objects

each trading instrument has a personal note-it is this note of a specific group trading this instrument or a specific seasonality or rule set governing this trading instrument or any other influence that reflect in specific patterns that can provide an edge for the individual trader.

the following is a 60 min Gold chart, that we just exploited for one of such patterns amongst other edges:

As you can see in this intraday chart is embedded a pattern that more often than not after a consolidation phase of two bars (=2 hours), a directional move follows

it is especially these timing edges that are overlooked and under appreciated , but in trading timing is a highly significant edge to reduce risk and as such a very valuable one