HLHB Trend-Catcher System Update (December 7 – 11, 2015)

Blocked by the RSI filter! Thanks to the system’s parameters, this trend-catcher missed a few good forex moves. Here’s what 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

The HLHB System could have gotten a couple of pips had the RSI filter not invalidated signals 3 and 4 Heck, that’s more than a 100-pip move! Unfortunately, the RSI didn’t cross below or above the 50.00 mark at either times. Not all is lost though, as signal 5 still caught 38 pips near the end of the week. Not bad!

EU

GBP/USD

GBP/USD 1-Hour Forex Chart

GBP/USD 1-Hour Forex Chart

Talk about picking the wrong battles! Like in EUR/USD, there were a couple of good, trend-y moves on Cable last week. Signal 1, for example, could have gotten a handful of pips throughout the week. But the RSI filter stood between the HLHB and profits again, and the system ended up validating the fakeouts. By the end of the week the system was down 84 pips from the pair. Boo!

GU

We’re down to the last trading days of the year! Got any plans over the holidays?

See ya and XOXO,

Huck

See also:

2014 HLHB Trend-Catcher Performance

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  • ForExchange

    Hi Huck,

    are you going to post the yearly result of the system soon? I would be happy to see how it performed in 2015.

    Thanks,
    FE

    • Yep, working on it! Hopefully I can get it up over the weekend. I’m crunching the numbers and I’m pretty excited, too.

      Thanks for reading my updates and best of luck on your trades this year! 🙂

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