Immediately and begin. A sluggish market can be distinguished by the following parameters: – Prices show jumps up and down by 50 points at a time. – For 2 hours the price movement does not exceed 10 points. The time when New Yorkers settle for an afternoon nap, and Europeans go home, you can hear how the flow of liquidity is drying up. The second half of the Asian session is much less liquid than the New York or London clocks, especially for non-core currency pairs. Seasonality. • Christmas week before the New Year, August, Bank holidays. Developments. • Before / after the release of news (important news). It is quite logical that before the release of important news the market becomes sluggish. Since most of the participants do not want to take positions, before the figures become known. Prices will start jumping, spreads will expand, and stops will break out of the market. How to engage in trading in a sluggish market. • The best method is to avoid it. • If you hold open positions, then you need to get rid of some of the risks, or place stop orders outside the zone of stop hunters. It is also possible to hedge open positions with a highly correlated pair. We play in a sluggish market. On Friday, when important data is released, prices most often move back and forth, and then back and forth again, until in the end they choose one direction. After a lot of movement, the pair enters zone 0 / S or O / B (overbought or oversold) for this trading day. At this time, a certain level of support is formed, which is most often held until the weekend. Dealers love to use setups that you can use to your advantage if you learn to recognize them. When London leaves for the weekend and when New Yorkers start looking at their watches, the dealers’ attack begins. If a large number of stop orders have accumulated in one place, they immediately organize a coordinated attack and knock out these orders in the blink of an eye. All that needs to be done is to identify this setup and open short positions together with dealers, only the cost will approach the level of support. Since such movements are most often formed slowly, it is better to simply place orders and wait for the price to reach them. The first sell order must be located at or near the support level, the take profit order is a few points lower.

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