Another good forex tading week for the HLHB System, as it got winning trade signals from both EUR/USD and GBP/USD. Here’s what happened!
Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD started the week with a tight range before it popped higher on overall risk appetite and possible profit-taking from the previous weeks’ selloff. The system did a great job of catching the strong intraweek moves and by the end of the week the system gained a net of 70 pips from 4 winning signals and 2 small losing ones. Not bad, I think.
Unlike EUR/USD, GBP/USD was in Chopsville throughout the week. The system saw TONS of fakeouts! Signal #12 with its 94-pip gain did a lot to keep the system afloat. By the end of the week, the system pocketed a net of 42 pips from Cable. Phew!
Hoping for another good trading week next week!