HLHB Trend-Catcher System Update (August 10 – 14, 2015)

A not-so-good week for this forex trend catcher system, as it lost a couple of pips from both EUR/USD and GBP/USD. What the heck happened?!

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

It wasn’t the lack of directional moves that killed the system’s profits from EUR/USD. Signal #4 would’ve done A LOT to mitigate the system’s losses, but the move was cut off by the system’s tight 50-pip trailing stop loss. Hmm, does this mean that I should make tweaks to prevent these events from happening in the future?

EU Forex Chart: August 10 - 14, 2015

GBP/USD

GBP/USD 1-Hour Forex Chart

GBP/USD 1-Hour Forex Chart

The system’s performance on GBP/USD is a classic example that more trades don’t necessarily mean more profits. Cable popped up a whopping 22 signals for the week alone! Only 5 signals were valid though, and 4 of them turned out to be losers. By the end of the week the system is down 29 pips from the pair.

GU Forex Chart: August 10 - 14, 2015

Fingers crossed for waaay less fakeouts next week!

XOXO,

Huck

See also:

2014 HLHB Trend-Catcher Performance

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