Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Not a bad week for EUR/USD. The system only threw out a couple of signals this time and two of the four signals were even invalidated. Fortunately, the pips from signal #2 were enough to offset the 11-pip loss from signal #3 so the system still ended the week with a 12-pip gain. Phew!
|1||Buy||1.3693||1.3693||0||RSI was already above 50|
|4||Sell||1.3650||1.3650||0||RSI was already below 50|
Now this is what the HLHB System is about! Although we saw a couple of fakeouts from GBP/USD at the start of the week, the system was able to catch the start of an intraweek trend. The 122-pip gain from signal #4 completely wiped out losses form other signals, which ended in an 89-pip gain for the week. Woot!
|6||Buy||1.7149||1.7149||0||RSI was already above 50|
|7||Sell||1.7152||1.7152||0||RSI was already below 50|
Fingers crossed for another good week next week!