hi pipsters,
im new here to forums and i've been demoing forex for about a month with just above break even success.
just a quick question from igor toschchakov's book "beat the odds in forex trading". how do you calculate average daily range for a currency pair? is it the average amount of pips the currency trades between in the last week? or is it the average values that it trades between? if someone could clarify that for me it'd be great.
thanks everyone,
Nasdaq Ninja
im new here to forums and i've been demoing forex for about a month with just above break even success.
just a quick question from igor toschchakov's book "beat the odds in forex trading". how do you calculate average daily range for a currency pair? is it the average amount of pips the currency trades between in the last week? or is it the average values that it trades between? if someone could clarify that for me it'd be great.
thanks everyone,
Nasdaq Ninja