I wondered if anyone else agrees with my following monitoring.
there are BROADLY four kinds of market for spot eur/usd,gbp/usd and usd/chf. Spliting the day ( asia and europe london sessions until the ny start being part1, the ny session being part2) or even a trading session to 2 components, I view:
market 1: part 1 has little price volatility,
part2 has small price volatility. Hence a little range day/session.
Market2: part 1 has little price volatility,
part2 has large price volatility. Hence large price movement, where breakout methods often work as the stoploss isnt triggered.
Market3: part 1 has large price volatility,
part2 has little price volatility. Hence a large range, stagnation day/session. Breakout approaches neglect because stoplosses triggered
market4: part 1 has large price volatility,
part2 has large price volatility. Hence a range, whipsaw day/session. Breakout approaches fail as stoplosses triggered