Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD ranged tightly throughout the week so I didn’t really have much hope for the HLHB Trend-Catcher System. The system registered two losing trades before it successfully filtered out fakeouts later in the week. Unfortunately, we didn’t see any winning trades this time as we ended with a 49-pip loss. Not too bad, I think.
|3||Buy||1.3839||1.3839||0||RSI was already above 50|
|4||Sell||1.3835||1.3835||0||RSI was already below 50|
|5||Sell||1.3815||1.3815||0||RSI was already below 50|
Unlike in EUR/USD, GBP/USD showed a bit of volatility throughout the week. The system caught a nice 77-pip winner that helped end the week with an 88-pip winner. Woohoo!
|1||Sell||1.6723||1.6723||0||RSI was already below 50|
|2||Buy||1.6735||1.6735||0||RSI was already above 50|
|3||Sell||1.6725||1.6725||0||RSI was already below 50|
|4||Buy||1.6719||1.6719||0||RSI was already above 50|
|5||Sell||1.6725||1.6725||0||RSI was already below 50|
|9||Sell||1.6788||1.6788||0||RSI was already below 50|
|10||Sell||1.6788||1.6788||0||RSI was already below 50|
I really hope this system posts another good week next week!