EURUSD$ - I hope my fellow FX traders took advantage

EURUSD$ had a significant range change following today's bull run so I'm looking to increase my TP based on next weeks range.

 

How far back do you go to determine what the current range is?

 

I look at last months range, if there is a significant range increase in one of the current months weeks I confirm it using the range of the following week. So, next week is an important one for me to determine if I can increase my profits. Every pip counts so even if it's just a 5 pip increase, I'll take it.. It adds up in the long run.

 

I use the IG platform. I have an 8pip spread on EUR/USD. What platform do you use?

 

This is a daily chart of the past month. The lowest is 1.09812, the highest is 1.12001. So that's a range of 0.02189.

Is that how you look at it? And once you have the number for the range, what does that tell you? Does that tell you what to expect for volatility for the upcoming month?

 

lol.

 

Explain.

 

Care to share what technical indicators you use? I won't ask you to share the custom stuff if you don't want.

I'm looking to start back testing soon.

 

He'd have all the money in the world at a Sharpe of three and a 65% hit rate at 1:1 R/R.

 

@destriero who's to say I don't, wise guy! I can still see you.