The reason price tend to range is because the smart people are doing this: Selling the highs and buying the lows. They make money all day every day doing that.
Also i guess its a matter of choosing you timeframe since there are lots of little highs and lows WITHIN a H1 chart.
So like i was saying, if you want to sort of stay moderate and calm and nice probably you should stick to the highs and lows you can spot on a H4 chart.
At least that goes for E/U.
But this idea transcends into everything like oil and gold and yen and aussie and so on. Probably even goes into the growth of bacteria and so on, but i havent studied that for 7 years, while i HAVE studied E/U for 7 years.
My signature is: "Classified".