Eur/Usd: Daily Market Trends Update 6/8/2018

in #forex6 years ago

Eur/Usd On 6/7/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.1826, Running Period: 5x1H
4H, Uptrend, Trend stop at 4H close 1.1673, Running Period: 15 x 4H
Daily, Downtrend, Trend stop at day close 1.1899, Running Period: 53days.
Weekly, Downtrend, Trend stop at day close 1.2535, Running Period: 3 week

( Note: Those stops will change with hour close and price action)

Trading Strategy:

Currently 1H downtrend and 4Huptrend but daily and weekly are downtrend. If you trade 1H trend, preference is to short as long as downtrend stop 1.1826 held at 1H close.

Ea had 1 open for the cycle.
1s.png

Sort: