Eur/Usd: Daily Market Trends Update 6/18/2018

boulder2018 (43)in #forex • 7 years ago

Eur/Usd On 6/18/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Downtrend, Trend stop at 1H close 1.1618, Running Period: 6x1H
4H, Downtrend, Trend stop at 4H close 1.1825, Running Period: 12 x 4H
Daily, Downtrend, Trend stop at day close 1.1857, Running Period: 59 days.
Weekly, Downtrend, Trend stop at day close 1.2535, Running Period: 5 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 1.1618 held at 1H close.

Long if price can break above downtrend stop 1.1618 at 1H close.

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