If the markets was truly random, how could anyone have an edge?
Quarterly shifts apply to every market
It happens because the market needs to create new interest
Always look at price on a macro leve, monthly weekly and daily timeframe
Every 3/4 monhts theres a market shift, it may cause a consolidation or a retracement of whatever price swing had been evolving.
If the market is in a strong uptrend, you will likely not see a retracement but more a consolidation, theyll capitilize new longs that way and they might take a short term low on the daily to then go higher.
This month will be primarily about the daily chart.
Buy programs can be on any timeframe
Underlying is what youre actually trading, benchmark is the underlying like dollar for USDJPY
And if the underlying makes a lower low and benchmark makes a lower high that could be GBPUSD and the dollar
This is all about the daily timeframe currently, nothing less
When things like this happen, you can anticipate it being a turtle soup on the daily.
If the old low/high has a lot of long wicks then you’ll be looking for a rejection block, instead of a sweep of the wicks it will be a sweep of the bodies
The algo will do a shift between 60 and 20 days in the look forward phase
We expect a setup in the next 60 trading days, you dont have to trade the daily if it doesnt suit you, this also helps with daily bias context