HLHB System Update (October 13 – 17, 2014)

A mixed week for the HLHB System, as it caught huge pips on EUR/USD but caught fakeouts on GBP/USD. Check it!

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

What a close call! EUR/USD saw a couple of fakeouts throughout the week, but was saved by a few good signals that canceled out the HLHB System’s losses. By the end of the week the balance had tipped in favor of gains to the tune of 60 pips. Woot!

# Signal Open Close Pips Notes
1 Sell 1.2666 1.2680 -14 New crossover
2 Buy 1.2680 1.2680 0 RSI was already above 50
3 Sell 1.2706 1.2653 53 New crossover
4 Buy 1.2653 1.2653 0 RSI was already above 50
5 Sell 1.2643 1.2643 0 RSI was already below 50
6 Buy 1.2672 1.2811 139 New crossover
7 Buy 1.2811 1.2811 0 RSI was already above 50
8 Buy 1.2807 1.2807 0 RSI was already above 50
9 Sell 1.2790 1.2833 -43 New crossover
10 Buy 1.2833 1.2758 -75 New crossover
11 Sell 1.2758 1.2758 0 RSI was already below 50
TOTAL 60

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

Unlike in EUR/USD, the HLHB System wasn’t as lucky with GBP/USD. In fact, all the signals that weren’t invalidated turned out to be losers! Boo. By the end of the week the system is down by a ridiculous 110 pips on GBP/USD.

# Signal Open Close Pips Notes
1 Sell 1.6082 1.6082 0 RSI was already below 50
2 Sell 1.5896 1.5896 0 RSI was already below 50
3 Sell 1.5930 1.5930 0 RSI was already below 50
4 Buy 1.5977 1.5960 -17 New crossover
5 Sell 1.5960 1.5989 -29 New crossover
6 Buy 1.5989 1.5989 0 RSI was already above 50
7 Sell 1.6043 1.6107 -64 New crossover
8 Buy 1.6107 1.6107 0 RSI was already above 50
TOTAL -110

Let me know if you have any questions!

XOXO,

Huck

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  • ForExchange

    Hi Huck,

    do you use this system in all market conditions? I mean it was mostly invented for directional movement and not a ranging market like we have lately. Do you actually trade all these setups with a real account? I do not know your stats but I check always your results and in the last weeks/months it does not look so convincing. You might want to wait until we see clear biases.

    Good luck,
    FE