ATR PRE-ENTRY STRATEGY
The Average True Range or ATR is a measure of volatility.
Volaltility = the amount the price of a market moves around.
The highly volitile GBPAUD moves in hughs jumps.
It can move a few hundred pips in a single day.
You can win or loss a bunch of money of the GBPAUD.
EURCHF is a very low volaltility market.
Possibly 50 pips in a single days...