Forex FLASH – Forex Signals

How big does an intraday swing in trading (primarily Forex) have to be (as a guide). I heard 25+ pips on the m5 is okay? Can anyone elaborate please? I am looking to pick high/lows and retrace areas.

If you are new to FX start small. On a full contract 25 pips is $250. On a mini lot it’s $25. I can limit my downside to about $15 includin the spread which is why people saying Fx is risky is just plain wrong. Try to limit like that on stocks, options, or futues. Your trading style will determine your risk tolerence , timeframe, lot size,

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This entry was posted on Tuesday, March 9th, 2010 at 2:04 pm and is filed under forex picks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.