HLHB System Update (April 6 – 10, 2015)

What a week for the HLHB system! Thanks to a trending environment, this forex trend catcher did its job well on 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 1-Hour Forex Chart

EUR/USD 1-Hour Forex Chart

The system only had 3 signals on EUR/USD throughout the week but, thankfully, they’re all I need to make pips. Signal #2 got invalidated by the RSI filter, but signal #3 caught a monster move and hit the system’s maximum profit target of 200 pips. Woot! Woot!

# Signal Open Close Pips Notes
1 Buy 1.0984 1.0984 0 RSI was already above 50
2 Sell 1.0977 1.0977 0 RSI was already below 50
3 Sell 1.0791 1.0591 200 Profit target hit
TOTAL 200

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

Like in EUR/USD, there were only a handful of signals on GBP/USD last week. Two of them, to be exact. Signal #2 was in a perfect place to catch a strong downward move but, this time, its gains was limited by the 50-pip moving stop loss. Imagine if it had caught the full move!

# Signal Open Close Pips Notes
1 Sell 1.4921 1.4921 0 RSI was already below 50
2 Sell 1.4882 1.4815 67 Adjusted stop loss hit
TOTAL 67

Feeling optimistic about last week’s performance. Hoping for another trend-y week again this week! 🙂

XOXO,

Huck

See also:

2014 HLHB Trend-Catcher Performance

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