HLHB System Update (March 31 – April 4, 2014)

Read all about my HLHB Trend Catcher System if this is your first time hearing about it!

EUR/USD

EUR/USD HLHB System Forex Chart

EUR/USD HLHB System Forex Chart

The HLHB System threw out fewer signals than the previous week but we’re also seeing less losses. This is probably because there are less fakeouts and more winning trades this time. Too bad they’re still not enough though. The week ended with a 13-pip loss. Not too bad, I think.

TOTAL

# Signal Open Close Pips Notes
1 Sell 1.3747 1.3747 0 RSI was already below 50
2 Buy 1.3758 1.3758 0 There was no crossover
3 Sell 1.3748 1.3785 -37 New crossover
4 Buy 1.3785 1.3769 -16 New crossover
5 Sell 1.3769 1.3769 0 There was no crossover
6 Buy 1.3775 1.3775 0 RSI was already above 50
7 Buy 1.3797 1.3797 0 RSI was already above 50
8 Sell 1.3792 1.3772 20 New crossover
9 Buy 1.3772 1.3759 -13 New crossover
10 Sell 1.3759 1.3717 42 New crossover
11 Buy 1.3717 1.3717 0 There was no crossover
12 Sell 1.3694 1.3703 -9 End-of-week trade
TOTAL -13

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

Like in EUR/USD, the system also had a slightly better performance during this week. An 8-pip loss is WAY better than the bloodbath we saw last week. Of course, it also doesn’t hurt that there are as many winning trades as losing ones this time. 🙂

# Signal Open Close Pips Notes
1 Sell 1.6631 1.6631 0 RSI was already below 50
2 Buy 1.6642 1.6658 16 New crossover
3 Sell 1.6658 1.6658 0 There was no crossover
4 Buy 1.6667 1.6667 0 RSI was already above 50
5 Sell 1.6644 1.6634 10 New crossover
6 Sell 1.6634 1.6643 -9 New crossover
7 Buy 1.6643 1.6606 -37 New crossover
8 Sell 1.6606 1.6593 13 New crossover
9 Buy 1.6593 1.6593 0 RSI was already above 50
10 Sell 1.6578 1.6579 -1 End-of-week trade
TOTAL -8

I really hope this system sees a better week next week!

XOXO,

Huck

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