HLHB System Update (December 15 – 19, 2014)

A pretty good forex trading week for the HLHB System, as it gained pips from both EUR/USD and GBP/USD.

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 system started the week on a weak note thanks to EUR/USD ranging tighter than my pants after the holidays. Luckily, the 7th signal was validated, and was able to catch a full 200 pips for the system. By the end of the week the HLHB System is up 105 pips from EUR/USD. Woot!

# Signal Open Close Pips Notes
1 Sell 1.2449 1.2469 -20 New crossover
2 Buy 1.2469 1.2435 -34 New crossover
3 Sell 1.2435 1.2435 0 There was no crossover
4 Buy 1.2446 1.2446 0 There was no crossover
5 Sell 1.2485 1.2515 -30 New crossover
6 Buy 1.2515 1.2500 -15 New crossover
7 Sell 1.2500 1.2300 200 Profit target hit
8 Sell 1.2282 1.2282 0 RSI was already below 50
9 Buy 1.2293 1.2262 -31 New crossover
10 Sell 1.2262 1.2227 35 End-of-week trade
TOTAL 105

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

Though GBP/USD didn’t show monster one-directional moves throughout the week, the HLHB System was able to validate more signals that brought pips than those that turned out to be fakeouts. The week ended with a close 6-pip win for the system. Phew!

# Signal Open Close Pips Notes
1 Sell 1.5710 1.5742 -32 New crossover
2 Sell 1.5742 1.5742 0 RSI was already below 50
3 Sell 1.5703 1.5726 -23 New crossover
4 Sell 1.5726 1.5726 0 There was no crossover
5 Buy 1.5622 1.5662 40 New crossover
6 Buy 1.5662 1.5662 0 RSI was already above 50
7 Sell 1.5653 1.5632 21 End-of-week trade
TOTAL 6

Up next, I’m posting my last HLHB entries for 2014. Fingers crossed that this trend-catcher system end the year on a good note! 🙂

XOXO,

Huck

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