Eur/Usd: Daily Market Trends Update 6/8/2018
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.
Looking forward to the COT analysis. And the WP would be nice. The quarter ending ending may stiffen the eu from June 26, till early July. Lunar wise, that's when the nuts come out. Hopefully we will be on the right train to get a taste.
ok ,I will work on COT ,, just for you...I will post shortly..
Lets make some money next week. The week closed higher so it may test the highs. Before the month test the lows.