2 Tweets 169 reads Mar 17, 2023
When to expect choppy Price Action 💎
Days:
• After holidays.
• Prior to high impact news events (CPI, NFP, FOMC, Rate Announcements).
Sessions:
• Any which follows one where a large price swing was present.
90min Cycles:
• If Q1 expands, Q2.
• If Q2 expands, Q3.
If -> then
Algorithmic
Also, whenever you have two negatively correlated markets moving in the same direction, anticipate consolidation.
For eg.
When the S&P500 is going up and DXY is going down, this is a good condition for seeking trading opportunities, this is normal.
However, when they are both going in the same direction anticipate chop.

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