DislikedHow do i know a significant RN from an Insignificant RN, and whats the difference between RN and BRN? Do pardon me if the question sounds awkward.Ignored
I started to call the round numbers of every 500 pips BRNs.
So on for example 1.3000, 1.3500, 1.4000 or 85.00 , 90.00, 95 etc
To me these hold a higher overall significance for many reasons
RNs a lot of us call any number that is round like 1.3100, or 1.3200 etc. Some call every 100 pips Large round numbers
Over time the terms have sort of taken on a life of their own depending on who is using them.
This is how I see them though