Eur/Usd: Daily Market Trends Update 5/23/2018
Eur/Usd On 5/23/2018 at 8am est.. Boulder Multi Time Frame System:
1H, Downtrend, Trend stop at 1H close 1.18, Running Period: 9x1H
4H, Downtrend, Trend stop at 4H close 1.1811, Running Period: 36 x 4H
Daily, Downtrend, Trend stop at day close 1.2102, Running Period: 32 days.
Weekly, Downtrend, Trend stop at day close 1.2535, Running Period: 1 week
( Note: Those stops will change with hour close and price action)
Trading Strategy:
Currently 1H, 4H, daily and weekly are downtrend. If you trade 1H trend, preference is to short as long as downtrend stop 1.18 held at 1H close.
EA had 2 open positions so far for this cycle, I have closed both , last one closed at 1705, + 75 pips
Good trade! Nothing wrong with making money. I love to see profit.