Disliked11. Y is yesterday, T is today, made so you can glance and see how much room up or down is available in the average daily range.
18. Pairs with larger Average Daily Ranges will make more money as they move more than other pairs. As well as give you better odds. Cheers and good luck...Ignored
Thank you very much Ngp! I have further questions to clarify, if you please.
I'm afraid I'm missing some fundamentals.
Refer to the image below:
Now, if T is Today, what average range "ADR" is showing? How T and ADR correlate with each other and how they must be interpreted?
Besides, RmUp and RmDn are still unclear. In the image above they are almost equal 163 and 162 respectively. What does that mean? How should I read this ADR indicator to identify if the pair still has a potential?
Thank you very much!
Regards,
MakerAz