you can read sentence… “The quieter the market is before a news release, the more the market is poised for a significant move.”
does sentence mean equal to “sideway market” ?
please help me
thank you.
In some form it is. In General a sideway market is when there is no clear trend in the price. The price could be going up and down in a range of, say 100 pips, but what you would see most of the time is that before those big news releases the market is almost not moving at all. You would see that over the course of several hours or sometimes days, it hardly moves from the same area.
The markets move similar to a symmetrical triangle as shown below.