Eur/Usd On 6/12/2018 at 8am est.. Boulder Multi Time Frame System:
1H, downtrend, Trend stop at 1H close 1.1802, Running Period: 15x1H
4H, Uptrend, Trend stop at 4H close 1.1750, Running Period: 27 x 4H
Daily, Downtrend, Trend stop at day close 1.1865, Running Period: 55days.
Weekly, Downtrend, Trend stop at day close 1.2535, Running Period: 4 week
( Note: Those stops will change with hour close and price action)
Trading Strategy:
Currently 1H downtrend , 4H Up trend, but daily and weekly are downtrend. If you trade 1H trend, preference is to short as long as downtrend stop 1.1802 held at 1H close.
with coming FOMC and ECB this Wed and Thurs, price may just chop in range between 1H trend 1.18 and 4H trend stop 1750
Option cut today
EUR/USD
• 1.1775 EUR 555m
• 1.1785 569m
Tomorrow we have big option expirations
June 13:
EUR/USD
• 1.1700 EUR 1.4bn
• 1.1705 EUR 1.2bn
Ea had 3 open for the cycle.
I closed one last night at 1750 when the first time price fell, 2 positions remain
