As it's probably not the most exciting week of the year in terms of trading, it may be the time to write a post about some TA (stands for Technical Analysis and not Tits and Ass as suggested Batman in our weekly discussions, anyway it's always time for the latter isn't it?). If you're crazy enough or have some too much time to waste to follow my blog (and if you do, thanks again!), you know how the ATR or Average True Range is important in my trading. The True Range is merely the difference between the high and the low, corrected with the opening gaps (if any, for instance for FX pairs, it's just high-low) and the ATR is the moving average of the True Range on the given period.
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