average session price movement

richardg

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Hi,

I am totally new to forex and trying to decide if i should start.

Can anyone tell me what the average price movement is each day?

I swing/day trade options and am looking to do something similiar with forex.

I'm trying to find out how much in theory I can catch each day if I attempt to follow some trending up and down.

Thanks.
 
richardg said:
Hi,

I am totally new to forex and trying to decide if i should start.

Can anyone tell me what the average price movement is each day?

I swing/day trade options and am looking to do something similiar with forex.

I'm trying to find out how much in theory I can catch each day if I attempt to follow some trending up and down.

Thanks.
USDCHF 153 pips
GBPUSD 128 pips
USDJPY 124pips
EURUSD 107 pips
USDCAD 87 pips
AUDUSD 69 pips

Good luck on this roller-coaster ride called FX !
 
Look up "average true range" via google or investopedia it is a valuable variable.
 
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