DislikedIf anyone is interested here is a summary of the ADR for some of the major currencies. As you can see the advice contained in this thread to focus on the EJ and GJ is spot on! In the last 3 moths their ADR is knocking on 200 pips! (sorry cut and paste from excel doesnt play nice and the columns dont align... but hey..) Average Daily Range as of 8 May 2013 (in pips) < 2 years < 1 year < 6 months < 3 months eurnzd 161 140 146 155 eurjpy 138 139 169 199 eurchf 69 33 49 53 euraud 113 99 103 115 chfjpy 116 109 129 147 audusd 107 81 69 76 audjpy...Ignored
Thanks Simon. That's the reason that I'm not overly concerned about the 3 pip spread on GJ....of course I would like it to be less, but 3 pips in the big picture is nothing!
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