Forex Trading Systems Made Easy - During a standard trading day in the forex markets, price is going to move up and down, and will generally (although not always) make a move above the previous day's high, or below the previous day's lownd once you think about it, wouldn't it be useful to have a general idea as to how far price could be expected to moveeing aware of the Average Daily Range of a pair can be fairly usefulnd by the way, the Average Daily Range (ADR) is too called the ATR (Average True Range) in the forex marketsn in the forex markets they both mean the same thing and can be used interchangeably, but in other markets like commodities and stocks, There is a difference, but we don't demand to worry about itDR or ATR is the same thing for our purposeshen you calculate the Average Daily Range of a currency pair, obviously you can use as many days as you like for calculating the averagehat I've found useful for the purposes of day trading, is a 5 day averagey observing the average daily ra ... [Read More : Forex Trading Systems Made Easy]
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