Japanese Yen average daily pip movement?

Hi,

Does anyone know what the daily average pip movement is of the USD/JPY pair?

Thanks in advance for any help.

Whitewolf

Open a daily chart.
Attach an ATR indicator to your chart and set the period for the average of x amount of bars back.

Ex. ATR(20) means the average range of the daily bars for the past 20 days.
ATR(10) = average for the past 10 days.

Currently 117 pips - see my post here.

I think the ATR will soon increase because something has happened here:

This is not a small thing because if resistance holds, a pullback should materialize.
A pretty good one at that. But if resistance breaks in a decisive way and holds above res.,
well, it could be a hum-dingger. Keep an eye in this one folks..... Stay tuned.

Watch for increased daily ranges in this pair.

Hi Whitewolf....

Average movement is around 80-120 but in many days it could not even break 40 pip range.
It is highly corelated to S&P in US time and Nikkei in Jap time.

I only trade UJ and so far as I know I won't suggest you to make any strategy based on ATR for this pair.....because there is a low liquidity time between US and Jap markets it shows dramatic movement.....