Hi Delta Forex traders like to sit on either side of the fence,...

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    Hi Delta

    Forex traders like to sit on either side of the fence, TA or FA. I am a TA man 100% and don't even use any news events to make trade decisions. For me its all about the last Candle pattern and the range it moved. Since I like pairs that have a large ADR movement, that means I like to trade mainly GBP & EUR pairs. The problem can be spreads however at quite times so during the London session and first two hours of New York open, the cost to trade is far better.
    I love trading the beast ( GBPNZD ) which has a daily range of 181 pips over AUDUSD which only has a ADR of 59 pips.
 
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