Let’s say news are coming out at 8:30 am on the EUR/USD. I place my trade at 1:00 am, with a bullish directional bias. If I buy at/around the money, with a take profit price at $80 (which is a $30 profit), approximately how many pips (on average) does the market need to move in order for me reach that price?
If your talking about binarys it would vary depending on expected movement. If little movement is expected then you could take profits in a few ticks… if a lot of movement is predicted then it may take a few hundred.
