Disliked{quote} You are right and you are wrong depending on the timeframe you are trading. Your percentage of a 20 pips movement might be right for trading on a weekly or a monthly chart but is wrong if trading on lower timeframes. For example the 10-day average ATR for EURUSD was 71 at the close of Friday's trading session and 65 for Friday. A 20 pips move on EURUSD Friday was equivalent to 30.8% of the market movement for that day. Trading a larger ATR pairs such as the GBPNZD, the 10-day average ATR for GBPNZD was 154 at the close of Friday's trading...Ignored
Oh my god. Don't you know how silly you are.
Should I explain this to you from the scratch?
What is the correlation with Time Frame here? Nothing. You made a very flawed analogy about daily price movement.
Let me explain you the very basic math about price movement.
Let's say GBP/USD. For example the price move 20 pips from 1.2900 to 1.2920
0.0020/1.2900 = 0.15% movement.
That's how to calculate the price fraction.
And you are going to predict the 0.15% market movement? Who are you? Donald Trump? Lol?
So you think getting 20 pips per day is easy. Whoa. Then you are the master of the universe.
Maybe next, you should predict when will the earthquake occur