/biz/ - Business & Finance

Anonymous Sat Feb 25 16:25:09 2023 No.53851802 [View]
File: 619 KB, 900x900, 1677219172222426.png [View same] [iqdb] [saucenao] [google]

>>53851614
>On forex there is around 500 points to take from a swing
Wtf? Swings on forex are around 50-200 pips. Rarely is anyone doing 500 pip swings, that's like EURUSD going from parity to 1.05.
Notional value of /ES is about 200,000. Doing the same notional value on EURUSD would be 2 standard lots, which would be 20 dollar pips.
So to make the same 1000 dollars as your /ES swing, you would just need 50 pips.

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