Here's an example of this... Notice how there was a powerful directional (down) move followed by a period
of choppy price action or very tight consolidation / back and filling (all mean the same thing)...
After several months
of choppy price action, $ KORS is starting to come together nicely.
Not exact matches
After three weeks
of choppy, indecisive
price action, the S&P 500 Index ($ SPX) broke down below its range with a 1.2 % plunge on Tuesday, March 21.
The indecisive and
choppy price action that has plagued stocks throughout most
of the summer has indeed been challenging for swing traders who seek to profit from stock market trends in either direction.
Certainly, this is encouraging, and is a welcome change from the
choppy, indecisive
price action of July.
I am little confused abt the example which u have given for the
choppy price of AUD / USD coz after the pin bars were formed, the australian employment change news was released and market moved in an opposite side, so how can we understand abt this
choppy price action?
Despite the overall uptrend, the stock's
price action contains many
choppy moves and what looks like a lot
of day - to - day «noise».
In the chart below, we can see an example
of a tighter consolidation area or «
choppy»
price action and then a larger consolidation area that was a more defined «trading range»:
Part
of the reason the
price action has been so
choppy requiring very tactical trading as there is no trend to follow.
Price action on May 17 was very
choppy and some
of the hourly candles were quite big to boot.
Unfortunately, there were also bouts
of choppy, sideways
price action that resulted in a bunch
of losing trades.