Daily average Pip moves

[davidtst]

Originally Posted by fx-aussie

You asked for the daily average pip moves, but everyone is telling you how to get the daily range.

Range is just the high to low, whereas pip moves is total of movements up and down throughout the day.

Range on EUR/USD is about 130 daily, GBP/USD is about 160 daily.

Total moves could be 2 to 3 times as much... maybe more

Hello FX Aussie,

Are you the one who operate Daily 50 pips? How was it now?

I do agree with your range, but sometime it doesn't.

David

[fx-aussie]

That's me David.

[ukt]

Originally Posted by fx-aussie

You asked for the daily average pip moves, but everyone is telling you how to get the daily range.

Range is just the high to low, whereas pip moves is total of movements up and down throughout the day.

Range on EUR/USD is about 130 daily, GBP/USD is about 160 daily.

Total moves could be 2 to 3 times as much... maybe more

Howdy fx
Your post makes me think... I need to think
How do you calculate your total moves ?
Just can't figure it out. And - is the result more relevant than the range value when considering stop placement on D1 period?

Cheers

[fx-aussie]

I have no idea, I was just making the observation that there's a difference between the range and amount of movement..

Range is the day high minus the low.
Movement is total of all the ups and downs during the day.