Intraday volatility has been steadily falling on major pairs since November last year. What this means is that if you trade 15mins charts and use a 20pips stop loss, you could expect to capture half to two-thirds of ADR (average daily range) from the HOD or LOD for much less than 80pips intraday.
The Volatility indicator below (in red color) is from TradeStation library, so I'm not sure what is the equivalent on MT4 platform. What it shows is that EUR/USD (103.53pips), GBP/USD (99.48pips), and AUD/USD (96.08pips) are moving with much less volatility than what some teachers are implying using historical references. It might be better for less experienced traders to switch to swing trading and hold their positions overnight over several days to capture the trend moves.
The Volatility indicator below (in red color) is from TradeStation library, so I'm not sure what is the equivalent on MT4 platform. What it shows is that EUR/USD (103.53pips), GBP/USD (99.48pips), and AUD/USD (96.08pips) are moving with much less volatility than what some teachers are implying using historical references. It might be better for less experienced traders to switch to swing trading and hold their positions overnight over several days to capture the trend moves.