Which currencies have the greatest daily movement? Or are they all about the same?

Thanks!

GBP/JPY by far.... Max

USD/JPY is

average 200 pips perday

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Currency Trading|Commodities Trading

Not sure where you got your numbers from but from Alpari data and looking at only GBPUSD/USDCHF/EURUSD/USDJPY/USDCAD, USDJPY was well below GBPUSD. I think that GBPUSD was 141 pips a day. I don't have my results with me but I think USDJPY was at 100 or less.

Update:
Of the currencies I researched, this is what I found out:
Daily Pip Variance
GBPUSD 140.6
GBPCHF 128.6
USDCHF 112.04
EURUSD 99
EURJPY 97.2
USDCAD 94.4
USDJPY 92.2
AUDUSD 67.54
EURCHF 46.69
EURGBP 34.81

Ohh..Common..is this to be even doubted..even if you trade for a month you will know its GBPJPY daily range which even if all the other currencies added will not make it up...


common..who on earth will give u two times a day to correct yourself...with a 200 on a PIPS movement... ..even if you are wroung on the first 100 double it up with the second one and you are even

GBPJPY is the King

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I'm waiting for the golden age 12/12/2012

Just realized I had Alpari data from GBYJPY. The daily pip movement ... 153.93.

Incidentally, one of the reasons I checked this is to measure volatility. I also wanted to know how often fractals occur on the various charts but here I will focus on D1. Fractals can give an idea of volatility, etc. Here are the results indicating the # of fractals that occur per bar (both highs and lows).

Fractal Frequency on D1
USDJPY 0.270922
USDCHF 0.269122
EURUSD 0.268741
USDCAD 0.268085
GBPUSD 0.267705
AUDUSD 0.26362
GBPJPY 0.25641
EURJPY 0.25
EURCHF 0.248239
GBPCHF 0.245033
EURGBP 0.234155

The GbpJpy is amazing if you can trade it properly and have a good broker that doesn't rob you with the spreads. I use FXCH and they offer 2pips (though they aren't MT4).

some scripts i run in mt4 and then mirror the trade in another broker which has better spreads, like phoenix, hedgehog, etc...

GK

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Forex Factoid Home of the HedgeHog EA

GBP/JAP but that would have high spread if you want to get in and out better trade US/JAP it has almost the same trend and movement but you have lower spread ... just note that GBP/JAP has a mind of its own and its the most risky pair to trade.

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“Risk comes from not knowing what you're doing”
“Be fearful when others are greedy and greedy when others are fearful” Warren Buffett

But you must also take care about the value per PIP of each pair. They are different
gbp/jpy has 'lower' pip value then eur/usd for instance, so less pips of eur/usd worth like more pips of gbp/jpy.
Overall I guess is gbp/usd the most 'alive' pair, but also usd/chf is not bad, even if 1 pip is less then gbp/usd

Pip value? I'm not sure I understand what you mean.

Standard account - 1 standard lot ->1 pip = $10
Mini account - 1 mini lot -> 1 pip = $1
Micro account - 1 micro lot -> 1 pip = 10 cents

It doesn't matter what pair you trade, the values are the same.

Can you further explain your idea of pip value?