HLHB System Update (October 6 – 10, 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

The HLHB System did a good job at filtering out fakeouts, but two (signals #1 and #3) still managed to dodge the filters in a ranging environment. Both signals resulted to a 79-pip loss for the system. Boo!

# Signal Open Close Pips Notes
1 Sell 1.2596 1.2642 -46 New crossover
2 Buy 1.2642 1.2642 0 There was no crossover
3 Sell 1.2631 1.2664 -33 New crossover
4 Buy 1.2664 1.2664 0 RSI was already above 50
5 Sell 1.2724 1.2724 12 RSI was already below 50
6 Buy 1.2707 1.2707 0 There was no crossover
7 Sell 1.2687 1.2687 0 There was no crossover
TOTAL -79

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

Talk about buzzer-beater points! Like in EUR/USD, the system filtered out a lot of fakeouts. Signal #7 would have hit the system profits hard if not for the last signal, which brought in a nice 105 pips. By the end of the week GBP/USD had gotten 5 pips from the HLHB System. Phew!

# Signal Open Close Pips Notes
1 Sell 1.5975 1.5975 0 RSI was already below 50
2 Buy 1.6054 1.6054 0 RSI was already above 50
3 Sell 1.6071 1.6078 -7 New crossover
4 Buy 1.6078 1.6078 0 RSI was already above 50
5 Sell 1.6068 1.6068 0 New crossover
6 Buy 1.6086 1.6086 0 New crossover
7 Sell 1.6065 1.6161 -96 New crossover
8 Buy 1.6161 1.6164 3 New crossover
9 Sell 1.6164 1.6059 105 End-of-week trade
TOTAL 5

Fingers crossed for a better week next week!

XOXO,

Huck

Follow me on MeetPips.com

Follow me on Twitter

Like my page on Facebook