Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
As promised, I have compiled the HLHB Trend-Catcher System’s trade results for 2013. I broke it down per month and summarized the results in PIPS so we can see it better. Without further ado, let’s check out how awesome 2013 was for the system!
The system did great with EUR/USD at an average of 57 pips for month. The system was more profitable in the first half of the year when we saw a strong downtrend from late January to early April (check out Forex Gump’s EUR/USD summary). May was also a good month since that was when the pair cancelled out half of Q1 2013′s moves in a few weeks. EUR/USD trended higher for the rest of the year but we saw a lot of fakeouts that could have limited the HLHB System’s gains.
The system did REALLY WELL with GBP/USD at an average of 112 pips per month. Is that awesome or what?! The pair was strongest around the later part of the year, which isn’t surprising considering that that’s when Cable’s uptrend was as steady as a rock. Again, I recommend checking out Forex Gump’s GBP/USD summary if you want to check it out too.
What a strong year for trends and the Trend Catcher System! I think I’ll continue using the current parameters to see if I can get another strong year for this mechanical setup. How about you? Do you have systems that you’re testing or that you know about that also yielded favorable results? Don’t hesitate to share!