How much volume moves the forex market 1 pip?
Sunday, March 29th, 2009 at
8:16 pm
Comments (1)
joebann68 asked:
Does anyone know in order to move the forex market 1 pip, (say on EURUSD with a retail broker), how much volume would need to go in at a specific price point?
Does anyone know in order to move the forex market 1 pip, (say on EURUSD with a retail broker), how much volume would need to go in at a specific price point?
To contrast with the stock market, if we look at a thinly traded stock, buying a few hundred shares may be enough to move the stock up a penny.
How does it work with forex?