HLHB System Update (March 9-13, 2015)

It was a hit-and-miss forex week for the HLHB trend-Catcher System thanks to the RSI filter invalidating a decent move on EUR/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 1-Hour Forex Chart

EUR/USD 1-Hour Forex Chart

EUR/USD only popped up 2 signals throughout the whole week. This would’ve been fine if the RSI filter didn’t invalidate signal #1. It was a decent signal that would’ve earned the system tons of pips! Oh well, at least it didn’t lose any pips either by the end of the week.

# Signal Open Close Pips Notes
1 Buy 1.0847 1.0847 0 RSI was already above 50
2 Sell 1.0635 1.0635 0 RSI was already below 50
TOTAL 0

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

GBP/USD printed a couple more signals than in EUR/USD. Even more fortunately, it also validated signal #6, which was half of the pair’s biggest weekly move. Too bad signal #8 wasn’t valid though! By the end of the week the system gained a net of 98 pips from GBP/USD. Not bad!

# Signal Open Close Pips Notes
1 Buy 1.5104 1.5102 -2 New crossover
2 Sell 1.5102 1.5102 0 RSI was already below 50
3 Buy 1.5086 1.5086 0 There was no crossover
4 Sell 1.5065 1.5065 0 RSI was already below 50
5 Buy 1.5084 1.5084 0 There was no crossover
6 Sell 1.5064 1.4944 120 Trailing stop loss hit
7 Buy 1.4963 1.4943 -20 New crossover
8 Sell 1.4943 1.4943 0 RSI was already below 50
TOTAL 98

Crossing my fingers for more valid, start-of-trend signals from the HLHB this week! 🙂

XOXO,

Huck

See also:

2014 HLHB Trend-Catcher Performance

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