HLHB System Update (September 1-5, 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

Now this is what the HLHB Trend-Catcher System is all about! Not only did the RSI successfully filter out a couple of fakeouts, but it actually caught EUR/USD’s biggest intraweek move! Signal #8 was the money-maker in this case, as the valid signal popped up just before the euro fell like a rock. By the end of the week, the system had a nice 174-pip gain from the pair.

# Signal Open Close Pips Notes
1 Buy 1.3143 1.3128 -15 New crossover
2 Sell 1.3128 1.3128 0 RSI was already below 50
3 Buy 1.3126 1.3125 -1 New crossover
4 Sell 1.3125 1.3125 0 RSI was already below 50
5 Buy 1.3135 1.3135 0 RSI was already above 50
6 Sell 1.3137 1.3137 0 There was no crossover
7 Buy 1.3145 1.3145 0 RSI was already above 50
8 Sell 1.3141 1.2951 190 New crossover
9 Sell 1.2951 1.2951 0 RSI was already below 50
TOTAL 174

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

The HLHB System caught not one, but all TWO of GBP/USD’s biggest moves throughout the week. Pips started raining with signal #1, which bagged a whopping 125 pips. Not to be outdone, signal #7 was right at the end of a consolidation and yielded 140 pips. Woot! Woot! Seriously, it’s weeks like these that remind me to STICK TO MY SYSTEM and not mind losing weeks much.

# Signal Open Close Pips Notes
1 Sell 1.6608 1.6483 125 New crossover
2 Buy 1.6483 1.6483 0 There was no crossover
3 Sell 1.6463 1.6463 0 RSI was already below 50
4 Sell 1.6458 1.6458 0 RSI was already below 50
5 Sell 1.6458 1.6458 0 RSI was already below 50
6 Buy 1.6462 1.6452 -10 New crossover
7 Sell 1.6452 1.6312 140 New crossover
8 Sell 1.6312 1.6312 0 RSI was already below 50
9 Buy 1.6331 1.6329 -2 End-of-week trade
TOTAL 253

How about you? Do you have a trading system that doesn’t usually make pips but wins BIG when it does? Let us know, okay? Hope you guys were inspired to stick to your trading systems with this update! 🙂

XOXO,

Huck

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