HLHB System Update (May 26 – 30, 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

Fakeout alert! The HLHB System wasn’t able to filter some of the fakeouts especially with the pair ranging tightly later in the week. The last trade brought 21 pips to the table but just wasn’t enough to put EUR/USD’s gains to positive. *sigh*

# Signal Open Close Pips Notes
1 Buy 1.3642 1.3648 6 New crossover
2 Sell 1.3648 1.3636 12 New crossover
3 Buy 1.3636 1.3636 0 There was no crossover
4 Sell 1.3633 1.3633 0 There was no crossover
5 Buy 1.3607 1.3594 -13 New crossover
6 Sell 1.3594 1.3594 0 RSI was already below 50
7 Buy 1.3619 1.3601 -18 New crossover
8 Sell 1.3601 1.3606 -5 New crossover
9 Buy 1.3606 1.3606 0 RSI was already above 50
10 Sell 1.3603 1.3611 -8 New crossover
11 Buy 1.3611 1.3632 21 End-of-week trade
TOTAL -5

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

Look at this pip-maker! Like in EUR/USD, GBP/USD also saw some fakeouts. Unlike the former though, Cable popped up two winning trades that were enough to put the profits in the green. By the end of the week the HLHB System brought 40 pips from Cable. Woot!

# Signal Open Close Pips Notes
1 Sell 1.6842 1.6867 -25 New crossover
2 Buy 1.6867 1.6867 0 RSI was already above 50
3 Sell 1.6823 1.6779 44 New crossover
4 Sell 1.6779 1.6779 0 RSI was already below 50
5 Sell 1.6704 1.6704 0 There was no crossover
6 Buy 1.6737 1.6717 -20 New crossover
7 Sell 1.6717 1.6717 0 RSI was already below 50
8 Buy 1.6722 1.6763 41 End-of-week trade
TOTAL 40

Hoping for a better week next week!

XOXO,

Huck

Follow me on MeetPips.com

Follow me on Twitter

Like my page on Facebook