Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Not a good week for the HLHB Trend Catcher System, as it lost pips from both EUR/USD. The 60-pip loss from signal #4 was particularly bad for EUR/USD since it popped up right AFTER a big move. Even worse, there was no winning trade to soften the blow of the losses. By the end of the week there was a 99-pip dent on the system’s performance. 🙁
|2||Sell||1.3362||1.3362||0||RSI was already below 50|
|5||Buy||1.3412||1.3412||0||RSI was already above 50|
|6||Sell||1.3369||1.3369||0||There was no crossover|
|8||Sell||1.3365||1.3365||0||RSI was already below 50|
|9||Buy||1.3368||1.3368||0||RSI was already above 50|
GBP/USD also suffered a couple of fakeouts, but this time there was at least a 43-pip win to cushion the 48-pip loss from signal #6. Still, the system closed with a 44-pip damage by the end of the week.
|2||Sell||1.6785||1.6785||0||There was no crossover|
|3||Sell||1.6783||1.6783||0||RSI was already below 50|
|4||Buy||1.6778||1.6772||-6||There was no crossover|
|9||Sell||1.6684||1.6684||0||There was no crossover|
|11||Sell||1.6684||1.6684||0||RSI was already below 50|
|13||Sell||1.6686||1.6686||0||RSI was already below 50|
|14||Buy||1.6698||1.6698||0||RSI was already above 50|
Fingers crossed for a better week next week!