Its important to not trade every setup, as long trades work most likely in oversold conditions (price near low of yesterday) or on trends (higher highs and lows). This ways going long euro and gold in the above charts is considered a risky trade. The only way to take these is waiting for a trend line to break.
In general there should be a clear base before entering a long trade, very seldom (mostly on news) it happens that there are spikes visible on those its valid to enter even if no base has been formed yet. However you have to rely on the concept that an uptrend requires a double bottom so the all market participants know price does not go lower.
Short setups in a trading range especially when the entry is at Point A of an upmove (see NZDUSD chart)
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