What no basing means in forex?

Answer 1

"No basing" in forex refers to a market condition where there is little to no consolidation or sideways movement in price before a significant price movement occurs. This typically indicates strong momentum in one direction, as traders are less likely to establish positions at a certain price range before a breakout. In such scenarios, trading strategies may focus on entering trades in the direction of the prevailing trend, as the lack of basing suggests that the market is less likely to reverse quickly.