Thursday, February 08, 2007 11:37:38 PM
Glance, I found a new pair for you to trade! GBP/NZD
This really bad bad boy moves 400 pips a day on a routine basis. Can you say 200 pip stop loss?
It will not only rip your arm off but also one of your legs if you are not careful lol!
The pip value depends on the price of NZD/USD. If NZD/USD is at .6800 then it is .68 cents a mini lot.
I guess if you do the following calculation :
400 * .6800 = 272 pips equivalent value for GBP/USD!!
At 272 it still kicks GBP/USD's ass. and it even kicks GBP/JPY's ass at 150 pips.
This really bad bad boy moves 400 pips a day on a routine basis. Can you say 200 pip stop loss?
It will not only rip your arm off but also one of your legs if you are not careful lol!
The pip value depends on the price of NZD/USD. If NZD/USD is at .6800 then it is .68 cents a mini lot.
I guess if you do the following calculation :
400 * .6800 = 272 pips equivalent value for GBP/USD!!
At 272 it still kicks GBP/USD's ass. and it even kicks GBP/JPY's ass at 150 pips.
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