Forex Tips – Be Wary of Average Daily Ranges

Hello Nick
I’m a newbie trader who want to work closely with you.
I understand what you say, but.
why enter long at this point after 4 bull candles?, is near a constant line o scalp line and wait a breakout?
thanks
Bliglesias

Hey there Nick, judging from the responses, I see you got more than you bargained for. (o:
Thanks for the reminder, and stay out of London!! )o;

Hi again Nick, further to my last email l wanted to run something by you. l just remembered this nifty free indicator that places an ADR projection on your chart for you; its based off the 14 period ADR l think and places neat little lines at 80% and 100% of the range. This is the link to download it…

http://learnforexlive.com/contents/forex-tip-intraday-target-location

….and l wondered if you thinkit would be a help or a hindrance!
Thanks,
Michael.

Hi Nick,

With the daily ADR, where should you calculate the ADR range, London Open, NY Open, GMT?
I am currently trading Australian Market hours however am concentrating on GBPUSD, GBPJPY & AUDUSD pairs.

thanks
Stephen

Hi Nick,

To breathe life into an old post, would you mind putting the link up for the ADR indicator?

Thank you :)

Andrew

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