EUR/USD analysis - daily, weekly, trading session pip range

GetKnowTrading

Recruit
Messages
8
I want to share my research taken to extract pip range so You can use it and implement it into your trading strategy.

I hope this helps someone because I know it was helpful to me.


CHART - trading session

First chart shows how pair is doing on trading sessions compared to others trading pairs.
I have ordered pairs on the chart to easily see which pair has lowest and which have highest volatility.


Currency pair-average.png





CHART-trading session pip range

Next chart shows EUR/USD analysis how pair is doing through week by each day on each trading session.
Comparing it with chart above where is average pip range for each trading session we see that there is no big difference looking trading pair by each day in a week.

EURUSD_weekly volatility.png




CHART - daily pip average
By looking on the chart under you see average pip range in a period of one year.
Pip range through a day measured on which hours has high and low pip range.

EURUSD_daily average.png




CHART - weekly pip range
Going to weekly chart of EUR/USD volatility by trading session we can have better overview how trading pair is behaving during each day of the working week.
Of course it is not possible to trade every day during week, like weekend, but from Monday to Friday we will see how pair is doing

EURUSD analysis - weekly pip range.png




I can share link to a website with more details over PM.
 

GetKnowTrading

Recruit
Messages
8
This was really helpful, thank you. Look forward to seeing more of what you can share in the future.
Hi Christina,

you are welcome. I thought this can help someone because I used these information for my self.
I have not put here all my research on EUR/USD analysis but you can check it here: getknowtrading.com/eur-usd-volatility-average-pip-range/
 
Messages
95
Hi Christina,

you are welcome. I thought this can help someone because I used these information for my self.
I have not put here all my research on EUR/USD analysis but you can check it here: getknowtrading.com/eur-usd-volatility-average-pip-range/
random but do you know anything about EAs? i'm just trying to gain some insight as to whether or not i should bother with them and why
 

GetKnowTrading

Recruit
Messages
8
random but do you know anything about EAs? i'm just trying to gain some insight as to whether or not i should bother with them and why
Do you ask me about coding new EA or using them in trading term?

If you asking about using them, here are my thoughts.

I have tried several EA and I did not encounter one that I could use in trading. Every one I have used I have lost money so I decided not to use them. But I did not try to make EA based on my trading strategy because I like to trade on daily charts with several days trade open. So in my case I do not lose to much time trading.

About EA coding I am not familiar.
If you have a strategy that is working and if it have ground to be automated then you should go and do it. This way your traders will be processed automatically and you will not lose your time.
Also, your emotional state will not have influence in trades because machine does not have emotions. He does what you told him to do.

Have in mind to test that EA under several different conditions to confirm that is working correctly. Many times EA behaves differently then it should when market experience unusual event.
 

Enayess

Recruit
Messages
79
I want to share my research taken to extract pip range so You can use it and implement it into your trading strategy.

I hope this helps someone because I know it was helpful to me.


CHART - trading session

First chart shows how pair is doing on trading sessions compared to others trading pairs.
I have ordered pairs on the chart to easily see which pair has lowest and which have highest volatility.


View attachment 41527




CHART-trading session pip range

Next chart shows EUR/USD analysis how pair is doing through week by each day on each trading session.
Comparing it with chart above where is average pip range for each trading session we see that there is no big difference looking trading pair by each day in a week.

View attachment 41528



CHART - daily pip average
By looking on the chart under you see average pip range in a period of one year.
Pip range through a day measured on which hours has high and low pip range.

View attachment 41529



CHART - weekly pip range
Going to weekly chart of EUR/USD volatility by trading session we can have better overview how trading pair is behaving during each day of the working week.
Of course it is not possible to trade every day during week, like weekend, but from Monday to Friday we will see how pair is doing

View attachment 41530



I can share link to a website with more details over PM.
Wow!!! This article is really helpful specially the fact that you have analyzed my favourite currency paire to trade with, EURUSD. I always thought that this pair moved better in the new yorik trading session, but looking into the average movement according to your analysis, it seems like it moves better in the london trading session.
 

GetKnowTrading

Recruit
Messages
8
Wow!!! This article is really helpful specially the fact that you have analyzed my favourite currency paire to trade with, EURUSD. I always thought that this pair moved better in the new yorik trading session, but looking into the average movement according to your analysis, it seems like it moves better in the london trading session.
I am glad that this is helpful. That was the intention of this research.

Many traders did not know this fact about pip range and after reading this they changed their mind.
 

fxstrategist

Corporal
Messages
736
The weakness may continue on the EURUSD below the 1.1200 level, but the 1.1100 zone may act as support as it did in the recent past. To the upside, the 1.1200 level may change its function from support to resistance in case the pair goes back up.
 
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