I was thinking it would be nice to have a thread where we could update each other when a pair breaks out of a range and starts trending (on any timeframes, but especially on time frames longer than 15 minutes) or when a pair starts to range.
There are tons of systems here on forex factory, but most of them only work well in trending periods, or conversely only work well in ranging periods. I thought it would help all of us to know which pairs are currently trending/ranging. I would personally especially like the opinions of experienced traders on which pairs they would focus on for trend-based strategies or range based strategies (on the given day/week). Would anyone else be interested in this?
There are tons of systems here on forex factory, but most of them only work well in trending periods, or conversely only work well in ranging periods. I thought it would help all of us to know which pairs are currently trending/ranging. I would personally especially like the opinions of experienced traders on which pairs they would focus on for trend-based strategies or range based strategies (on the given day/week). Would anyone else be interested in this?