DislikedJust going throu these charts.. day throu to 15.. Hell of an observation Vantage..Hell of a trade .. Hope u traded it..Re your comment re 5 day ATR.. I have never used it or understand it..Any chance of a quick over view of your understanding of it and how u use it??Ignored
ATR - Firstly trying to look for currencies that are moving, so focus of last few days has been eur and eurchf. Don't think we have traded gu more than once since back from break. For that reason decided this am to drop aud on watch list for ej.
Then once in try and use atr for exits, still not getting that as well as we would like, my worst fault still. If currency has moved 100 pips on 150 pip atr how much further can it go? Another 100 perhaps but thats unlikely, but theres always exceptions.
Anyway treat counter trend as short in and out, be glad of 20 pips, treat trend as going for 5 day atr and where they coincide with good target areas (psych levels, SR, RN's W pivots, D pivots).