ATR MONEY MANAGEMENT FOR GBPAUD & EURUSD 4H & 1D

Using a set amount for SL and TP for different pairs and time frames is not effective money management.
Using the ATR for a specific pair and time frame lets you custom yur SL & TP for what that pair actually moves.
ATR 1D takes the last 14 candles and adds up then up together and then divides that figure by 14.
Now you have an average of how much that pair moves in a day.

GBPAUD 1D ATR moves 133 pips
GBPAUD 4H ATR moves 47 pips
EURUSD 1D ATR moves 42 pips
EURUSD 4H ATR moves 15,6 pips

This helps me determine a more accurate setting for my SL and TP for the pair I am trading and the time frame I am using.