is there a way to calculate the probability of a market top?

Why would you bother trading something that is not a major? The spread is terrible... Your kind of cutting your own throat if you trade anything in Forex that is not a major.

I trade anything that moves and GBP/NZD is no exception. Besides, there is currently only 1 pip difference between GBP/NZD spread and the EUR/USD on my FX plaform, no big deal.

Volatility has kinda died recently.

What low volatility?? I made a bundle this month, can't complain :)
 
IMO theres always enough volatilityin the market to earn some pips ($$$). Thats why i dont become a swinger. Pick high probability trades preferably near bigger TF SNR. That way u have good R:R and dont have to worry too much about market volatility
 
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