Is consolidation mostly during asian session?
Not exclusive , just the main money makers are a sleep making the session quiet
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Yes it is a time for consolidation for the big players in the game. Even though there is less liquidity during Asia when you look at the volume that these big players trade it takes time to fill their positions. During Asia is when they go about quietly just filling their orders by market manipulation.
There are many that will contest this theory however when you look at it logically it makes sense for smart money to slowly fill their orders during a quieter time so as to not to advertise their intentions with market direction.
Cheers
Blackduck
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Yeah unless there is high impact news out then it can spike around.
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Consolidation may happen at any time, but yes, it’s often prevalent during the Asian session. Often does not mean always though.
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Of course it **Does not mean always. As with anything in the forex game anything is possible.
Blackduck
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