HLHB System Update (November 17 – 21, 2014)

A pretty good week for the HLHB System, as it gained a few pips on both EUR/USD and GBP/USD. Here are the details!

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 lucky week! Although EUR/USD ranged tightly for most of the week, the system was able to catch a few quick pips here and there. Signal #2 was particularly helpful, since it caught a big move right before the pair ranged tightly. Signal #10 would have been a good one, too, if not for the RSI filter. Still, all the small gains amounted to a 46-pip win in the end. Not bad!

# Signal Open Close Pips Notes
1 Sell 1.2493 1.2475 18 New crossover
2 Buy 1.2475 1.2535 60 New crossover
3 Buy 1.2535 1.2535 0 RSI was already above 50
4 Sell 1.2540 1.2547 -7 New crossover
5 Buy 1.2547 1.2547 0 RSI was already below 50
6 Sell 1.2541 1.2542 1 New crossover
7 Buy 1.2542 1.2542 0 RSI was already above 50
8 Sell 1.2525 1.2551 -26 New crossover
9 Buy 1.2551 1.2551 0 RSI was already above 50
10 Sell 1.2544 1.2544 0 RSI was already below 50
TOTAL 46

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

Like in EUR/USD, the HLHB System didn’t catch gigantic moves from GBP/USD. But unlike in EUR/USD, there were far fewer fakeouts from the pair. Guess the RSI filter worked out! There was only one losing trade against two bigger winning ones, and it put the system ahead by 59 pips by the end of the week. Woohoo!

# Signal Open Close Pips Notes
1 Sell 1.5663 1.5663 0 RSI was already below 50
2 Buy 1.5655 1.5649 -6 New crossover
3 Sell 1.5649 1.5649 0 RSI was already below 50
4 Buy 1.5650 1.5674 24 New crossover
5 Buy 1.5674 1.5674 0 RSI was already above 50
6 Buy 1.5686 1.5686 0 RSI was already above 50
7 Sell 1.5689 1.5648 41 End-of-week trade
TOTAL 59

Let’s hope we see another good week for the system next week!

XOXO,

Huck

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