Vahid,

Would you set pending orders for this pair like the intraday system? Just curious how you would trade this setup or if you would just leave it alone. 1 HR EUR/NZD

Hi Bill,

Yes, I would trade this. It has formed a nice range. However, the currency pair is also important. Some currency pairs are not able to take a direction strongly after they form a range breakout. I showed you how EURUSD behaved yesterday, in comparison to GBPUSD.

So technically, it is a good range and I would trade it. Religiously, I only believe in GBPUSD for this trading system