Eur/Usd: Daily Market Trends Update 6/5/2018

in #forex • 6 years ago

Eur/Usd On 6/5/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.1705, Running Period: 1x1H
4H, Downtrend, Trend stop at 4H close 1.1717, Running Period: 90 x 4H
Daily, Downtrend, Trend stop at day close 1.1960, Running Period: 50days.
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, 4H, daily and weekly are all downtrend. If you trade 1H trend, preference is to short as long as downtrend stop 1.1705 held at 1H close.

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

#eurusd #trading #investinganalysis #money
6 years ago in #forex by
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