Nine Day Trades by Interest Rate Results

Brian Twomey Brian's Investment

Every Central bank on the planet offers for their daily currencies not only trade levels, bottoms, and tops but specific ranges. All factored by central bank daily interest rates.

To know daily ranges then allows knowledge to tops and bottoms or longs and shorts at exact points. Never to waste pips.

Longs and shorts on 7 1/2 hours transforms traders to ping pong players as multiple longs and short are available.

Rare days when ranges break but those days are Market gifts as prices must retain original ranges.

GBP 1.3017 and GBPJPY 142.93 great example to free Money Points.

Day trade losses are impossible. Repeat impossible and as impossible as my weekly trades. Bold but true as this effort took many, many years to deeply study and perfect.

The vital import to daily trades by interest rates is exchange rates change or adjust to daily interest rate variations. This means daily supports, resistance, tops, bottoms and trade levels change. Certain days by much and other days hardly at all. The initial set ups before actual trade entry is known in advance which currency to trade or not trade.

Monday's are dead trade days as central bank interest rates are in adjustment mode.

The central banks, however, offer every support, resistance, top, bottoms, targets and all relevant information for an exact extry and target.

Ranges all Held, how many Pips long bottoms and short tops. Many.

As usual, no charts, stops or market blather. No coronavirus as a day trade is the exact replica as weekly and long term trades and that is a target must complete by math law to achieve its destination.

On the old days of trading, ranges were much wider than today's paltry movements yet an imperative exists to profit from as many paltry pips that trade.

If one deeply views top, bottoms and trade levels posted yesterday then the point of note is the perfection to highlighted exchange rate points.

EURUSD 1.0834 -1.0886 or 52 pips

EURJPY 119.70 -118.87 or 84 Pips. Range allowed 60.

Times of trades matters, 1:30 am -9:00 am.

AUDUSD 0.6706 – 0.6745 or 39 pips.

NZDUSD 0.6429 to 0.6467 or 38 pips

USDJPY 109.63 – 110.09 or 46 pips.

USDCAD 1.3241 – 1.3271 or 30 light pips

AUDEUR 0.6171 -0.6216 or 45 pips. Normal AUDEUR range tops 32, cause EURAUD daily range bout 70 pips.

Asia, AUDEUR range max 17 pips. trades 1/2 its allowed distance.

Author

Brian Twomey

Brian's Investment

Brian Twomey is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia.

EUR/USD climbs to two-week highs beyond 1.1900

EUR/USD is keeping its foot on the gas at the start of the week, reclaiming the 1.1900 barrier and above on Monday. The US Dollar remains on the back foot, with traders reluctant to step in ahead of Wednesday’s key January jobs report, allowing the pair to extend its upward grind for now.

GBP/USD hits three-day peaks, targets 1.3700

GBP/USD is clocking decent gains at the start of the week, advancing to three-day highs near 1.3670 and building on Friday’s solid performance. The better tone in the British Pound comes on the back of the intense sekk-off in the Greenback and despite re-emerging signs of a fresh government crisis in the UK.

Gold treads water around $5,000

Gold is trading in an inconclusive fashion around the key $5,000 mark on Monday week. Support is coming from fresh signs of further buying from the PBoC, while expectations that the Fed could turn more dovish, alongside concerns over its independence, keep the demand for the precious metal running.

Crypto Today: Bitcoin steadies around $70,000, Ethereum and XRP remain under pressure

Bitcoin hovers around $70,000, up near 15% from last week's low of $60,000 despite low retail demand. Ethereum delicately holds $2,000 support as weak technicals weigh amid declining futures Open Interest. XRP seeks support above $1.40 after facing rejection at $1.54 during the previous week's sharp rebound.

Japanese PM Takaichi nabs unprecedented victory – US data eyed this week

I do not think I would be exaggerating to say that Japanese Prime Minister Sanae Takaichi’s snap general election gamble paid off over the weekend – and then some. This secured the Liberal Democratic Party (LDP) an unprecedented mandate just three months into her tenure.

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Bitcoin, Ethereum, and Ripple prices consolidated on Monday after correcting by nearly 9%, 8%, and 10% in the previous week, respectively. BTC is hovering around $70,000, while ETH and XRP are facing rejection at key levels. Traders should be cautious: despite recent stabilization, upside recovery for these top three cryptocurrencies is capped as the broader trend remains bearish.