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.
Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.