I'm not sure to post this thread here or in the news trading room...
1. If it ever was a news(like GDP, CPI, ISM not like Interest Rate, war...) that created/stoped/reverted a trend?
and my second question, not so important if I trade on 10k mini-lot, then a pip will value 0.6$ instead of 6$ that is the value on a 100k lot?
"Abandon all hope, you who enter here"
La Divina Commedia, Dante Alighieri
I'm not sure to post this thread here or in the news trading room...
1. If it ever was a news(like GDP, CPI, ISM not like Interest Rate, war...) that created/stoped/reverted a trend?
and my second question, not so important if I trade on 10k mini-lot, then a pip will value 0.6$ instead of 6$ that is the value on a 100k lot?
Ignored
To answer the the first part of your question...YES, news has, in the past, created or destroyed a trend.
To answer the second part of your question...IT DEPENDS on what you're trading, but generally speaking when you trade 1/10th of a standard lot (AKA a mini-lot), you get 1/10th of the pip-value. However, not all pip values are equal...You will always receive 1 (or 100 if you're trading the YEN) currency unit per pip per mini-lot traded, however the currency unit may be equal to $1 USD if you're trading USD cross currencies (ie the AUDUSD, EURUSD, GBPUSD or NZDUSD), or it may equal 100 yen which will equal about $8.50 USD when it's converted back into USD...get the picture?
I will ony answer the first question.
Depends on the market , the news , the situation , if there is only like one new , then the next day you have nothing so things will tend to go down or up again , but if you see important news happening all the time yes it can change , and yes it will change
