I trade primarily EUR/NZD 15 Min. The average Daily ATR has been around 95! The price action looks more like stock or futures trading rather than a currency pair.
I’m sorry to say that the past twelve hours has been a horrible example, unfortunately. But most of the time you’ll get some fantastic movements. I was able to pick up about 50 pips just in the European and early NY session last night. And that’s in spite of the fact the daily candle wound up being a doji!
I just took another look at NZD/CAD. It’s running about a Daily 55 ATR (30). And then I look at the price action and see just too much volatility for the amount of movement in the dailies. As a intra-day swing trader, I want tight channels that seem to run forever. I actually get that on a more consistent basis with the EUR/NZD. The EUR/ AUD comes a close second, but the channels are a bit too wide, better for scalping.
In your case though, you can trade pretty much anything from EUR/ USD to CHF/JPY or Crude Oil or Hog Futures, whatever! That’s because you’re on the daily charts and you don’t notice spreads and commissions. A very smart way to trade indeed. Keep up the good work.