HLHB System Update (May 4 – 8, 2015)

Time to go back to my old filters! Revised my charts to show some non-valid signals. See, I saw that trying out new filters could cause me to miss a few valid trades. Weird, huh? Good thing this system is not purely mechanical!

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 HLHB System caught the beginning of the two intraweek trends that popped up throughout the week. The second two turned out to be invalid trades, but I didn’t mind considering that those signals that were valid turned out to be decent winners. Not a bad way to start the month!

# Signal Open Close Pips Notes
1 Buy 1.1157 1.1121 64 Trailing stop hit
2 Sell 1.1297 1.1232 65 Trailing stop hit
3 Buy 1.1263 1.1263 0 There was no RSI crossover
4 Sell 1.1221 1.1221 0 There was no RSI crossover
TOTAL 129

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

GBP/USD caught a lot of fakeouts with only signals 3, 6, and 9 validated by the RSI filter. Signal 7 could’ve been a good trade but I had to be strict with the RSI. Still, not a bad week with a 5-pip gain when Cable was ranging tightly.

# Signal Open Close Pips Notes
1 Buy 1.5134 1.5134 0 There was no RSI crossover
2 Sell 1.5181 1.5181 0 There was no RSI crossover
3 Buy 1.5224 1.5240 16 Trailing stop hit
4 Sell 1.5231 1.5231 0 There was no RSI crossover
5 Buy 1.5240 1.5240 0 There was no RSI crossover
6 Sell 1.5200 1.5215 -15 Trailing stop hit
7 Buy 1.5225 1.5225 0 There was no RSI crossover
8 Sell 1.5414 1.5414 0 There was no RSI crossover
9 Buy 1.5453 1.5457 4 End-of-week trade
TOTAL 5

Fingers crossed for another good week for the HLHB next week! 🙂

XOXO,

Huck

See also:

2014 HLHB Trend-Catcher Performance

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