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Re: Daywalker post# 35585

Saturday, 08/08/2009 10:23:15 AM

Saturday, August 08, 2009 10:23:15 AM

Post# of 140146
GM Daywalker and board...EUR/JPY is a good one to trade but a few points must be understood.Pairs with wider daily swings are usually wider on spreads but can be good moneymakers..just have to study them well and get into sync with how they trade.Average daily swings for some pairs...

EUR/JPY...188 pips
GBP/JPY...267 pips
EUR/USD...151 pips
USD/JPY...119 pips

lower volatility pairs are

EUR/GBP...73 pips
EUR/CHF...65 pips

EUR/USD has the highest volume or liquidity of all pairs so it usually has the lowest spreads making it attractive for trading...especially scalping...USD/JPY is sort of a close second I suppose and also has avg low spreads..BUT any of these pairs once fully studied can be excellent to trade.

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