From today, i will try and publish the controlling prices (based on my new method) for the day for EURUSD and GBPUSD. This will be very useful for day traders as this can be used for day trading either between these prices or beyond.
For today, the controlling prices for EURUSD would be 1.3935 and 1.4000. You can either safely trade this range or if this range is broken, these prices will then act as support/resistance for the day and you can safely taken longs or shorts close to these prices. These prices would be exact and therefore trades can be taken with very small SLs of just 10-15 pips. As the price range is high, you can trade the range as well.
For today, the controlling prices for GBPUSD would be 1.5880 and 1.5900. As this range is very small, the way to trade this would be to either short it when price nears 1.5880 or go long on break of 1.5900 with very small SLs and TP of 30-40 pips. As the price range is very small, dont trade the range between 1.5880 and 1.5900.
