HLHB Trend-Catcher System Update (November 16 – 20, 2015)

Fakeout galore! A ranging forex environment is definitely NOT for this trend-catcher mechanical system. Here’s what happened in mid-November!

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

There were two valid signals throughout the week but, unfortunately for the HLHB System, both turned out to be fakeouts. Signals #4 and #7 would have caught pips enough to cover the losses if only they didn’t get invalidated. By the end of the week the system lost 43 pips from EUR/USD. Boo!

EU

GBP/USD

GBP/USD 1-Hour Forex Chart

GBP/USD 1-Hour Forex Chart

The HLHB System didn’t have any luck on Cable either, as the pair merely bobbed along and produced tons of fakeouts. Good thing signal #10 contributed a few pips and brought the net loss down to 96 pips by the end of the week. Phew!

GU

I’m seeing more fakeouts ahead. Let’s see if we actually get a few pips in from the last week of November!

XOXO,

Huck

See also:

2014 HLHB Trend-Catcher Performance

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