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Consolidation/Sideway

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Consolidation/Sideway in Trading Systems_xx
Consolidation is the direction of finding new prices or often termed sideway. After the trend goes up or down ends usually there will be an indication that the trend is over and will look for a new price direction and this is called price consolidation.
Can be called consolidation if the stock previously has an uptrand or downtrand pattern.
All we have to do is Wait and see because it is not yet known where the price will go.
We should be patient to wait good moment before open potition because sideaway so dangerous to open potition.
#76 - July 07, 2020, 11:26:58 AM

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Keep in mind also after consolidation before forming a trend, sometimes there is a market trick, for example it goes down first after it goes up, or vice versa. so be careful before taking position.
#77 - July 07, 2020, 01:06:41 PM

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Consolidation is the direction of finding new prices or often termed sideway. After the trend goes up or down ends usually
For me consolidation is perfect moment to make pending order. It more small risk when we use pending order.
#78 - July 13, 2020, 10:30:00 PM
« Last Edit: July 15, 2020, 09:28:15 PM by Mikser »

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Market conditions that are sideways will be very good if used for scalping, because the price range is very affordable or low and we also have a limit to where the price will move
#79 - October 23, 2020, 02:34:48 PM

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The most suitable strategy in the sideways market is scalping.
Scalping strategy can be improved by selecting the correct pair with a thin spread level and strong trading volume.
#80 - December 20, 2020, 05:40:26 AM

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There are various market conditions that we often encounter when trading.
Sideways market conditions have good and bad values, it's up to us how we can make good use of it.
#81 - December 20, 2020, 12:31:46 PM

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in the sideway trading area it is very suitable and suitable to be used for scalping trading, because the range of price movements that can be predicted and tends to be small, makes us comfortable to buy in the support area and sell in the resistance area
#82 - January 12, 2021, 12:37:54 AM

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in the sideway trading area it is very suitable and suitable to be used for scalping trading, because the range of price movements that can be predicted and tends to be small, makes us comfortable to buy in the support area and sell in the resistance area
The scalping system will indeed be very easy to apply in calm market conditions, such as when there is a flat or sideway movement, then we can sell in the resistance area and buy in the support area, but for me it's not easy :)
#83 - January 19, 2021, 01:47:46 PM

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sideway or consolidation is a situation where the market is confused with the strength of buyers and sellers where the best position if you open a position is to wait for one of these breaks
#84 - March 01, 2021, 07:58:57 AM

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the moment of consolidation or sideway is good enough to be used as a supply demand area, we just have to wait for a break where the direction is then we open the position in the same direction, but don't open the position before the break
#85 - March 04, 2021, 05:24:35 AM

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In my opinion, price consolidation is a correction phase as well as a sideway, where prices move horizontally, and this is a confusing phase for me who uses the trend follow trading system at that time
#86 - March 06, 2021, 01:19:07 AM

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