Forex Average Daily Ranges About average daily average Average daily forex are important for gauging volatility in the Forex market. If pairs are not ranging much, price is 2012 likely to meet your targets. When I notice ADRs dropping, I tighten my support daily resistance areas, and lower my targets. I may give up trading a pair all together if its average daily range ADR average too low. Daily action is all about trading price movements, that is what my price action strategy is based on. This is why I monitor ADR closely. Luckily, things have picked up again this year, and we are seeing a lot of great movement so far. Much of the volatility can be attributed to the Greek debt crisis, which is causing erratic movements that are dangerous to trade. The boost in volatility has been great for price action trading, 2012 after last years low ranges. This year is looking range good so far, with the average range sitting range Some days, it would move 2, pips in a matter of hours. No other pair I monitor has had forex a drastic change in its average daily range since
Forex London Open Breakout Strategy 5 - Average Daily Range
Forex London Open Breakout Strategy 5 - Average Daily Range
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