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daily range vs spread ratio
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Old 09-27-2008, 09:45 AM
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Default daily range vs spread ratio

Some FOREX DINGBAT is going on another forum, advising members to trade any pair , to keep brokers rich.He would not be hanging around the forums if someone had a grail.He is Just another imbecile on another forum of 95% club .Some DINGBAT is cluless about which pairs to trade , so he puts all twelve on the blower

Thats not trading , its being a clueless unknowledgeable novice not knowing his odds

There are only three attractive pairs for trading.Look at spread to daily range/100 days ratio

Euro/usd 2 pips /average range 142 pips = 71 ratio
gbp/usd 3 pips spread av range 164 pips= 55 ratio
euro/yen 3 pips spread av range 164 pips = 55 ratio


CLUELESS DINGBAT trades other pairs
USD/CAD 4 pips /89 = ratio 22

Every pip spread paid on USD CAD gives you 22 opportunity compared to 71

Here is another

complete dingbats on TSD
http://www.forex-tsd.com/general-dis...tml#post233802

Gold spread is almost 10% of daily range compared to 1.6% for euro usd ,so forget it.Also gold is illiquid

These 95% members hang around forums cause they are no good losers
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