GDP revision Wednesday

Discussion in 'Trading' started by DeepFried, Aug 28, 2006.

  1. Anyone see potential for a substantial market move out of this?

    Usually the revision is a bit of a yawner but with the heightened sensitivity to data...who knows. A revision too high, people flip out. Too low...people flip out.
     
  2. eurusd trading: 5 Stars; Trades: 88%; Spikes: 50%; Reversals: 38%; 58 pips.
     
  3. Um, I think I understand most of that. What are pips?
     
  4. S2007S

    S2007S

    A PIP is the smallest movement in the value of a currency in forex trading.
     
  5. Thanks