Off My Radar - MASSIVE MOVES!!!!!

GBPNZD has been wildly volatile with mega pips available for anyone willing to trade it.  I have not looked at it in awhile since I reduced my watchlist to a dozen pairs.  Seeing this I will take time each weekend to run through all the pairs for opportunities.

Daily shows a 2200 pips uptrend from April 22 low. MAs are jaws up (obviously).
240 is in a ranging state 600 pips wide!  Either play the shorts off the highs or the buys off the lows (I prefer going with the dominant trend).
60 shows yesterday's pullbacks for buys off the trap box at support.
5 shows 3 possible buys.  The first is a push-through entry as the narrow range was broken, the second was a pb buy to the upward 60 min MA (thick lime MA) and the 3rd entry was a break of the 2-hour long down channel at 9pm.  Any of these entries at the 2.1100 area had 400 pips potential upwards.

What draws me to these trades is not the ease they worked, but the distance they traveled.  Sure we never know how far any trade can go, but the ATR was almost 300 pips indicating the environment was ripe to catch a big move.  There is no point seeking large targets in a mkt that doesn't show ability to move. But choosing mkts with higher ATRs than normal at least offers a chance an outlier can be captured.

My analysis of this market would lead me to stalk buys.  My method could have caught 100-400 pips. This is not typical, but to catch these trades I have to see them.  GBPNZD isn't on my day-to-day watchlist due to it's wide spread (6-11 pips).  However, it is worth trading the large spread pairs when they offer high R setups.