Eur/Usd: Daily Market Trends Update 5/24/2018

in forex •  7 years ago 

Eur/Usd On 5/24/2018 at 8am est.. Boulder Multi Time Frame System:

1H, Uptrend, Trend stop at 1H close 1.1685, Running Period: 5x1H
4H, Downtrend, Trend stop at 4H close 1.1811, Running Period: 42 x 4H
Daily, Downtrend, Trend stop at day close 1.2102, Running Period: 38 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 up trend, 4H, daily and weekly are downtrend. A mixed signal. Range trade. If you trade 1H trend, preference is to long as long as uptrend stop 1.1685 held at 1H close.

EA had 1 open position so far for this cycle,
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