Another good forex trading week for the HLHB System, as it gained pips from both EUR/USD and GBP/USD despite the holiday volatility.
Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Crossover alert! EUR/USD threw out a couple of signals during the week with some of them turning out to be fakeouts. Luckily for the system, the 2 winning signals were able to make up for the small losses from the other valid signals. By the end of the week the HLHB was up by a net of 28 pips from EUR/USD. A pretty good way to end the year, I think.
There were tons of signals from GBP/USD during the week, though all but one were invalidated by the RSI filter. Signal #4 was the only valid one in the bunch. Unfortunately, it also turned out to be a fakeout. Talk about bad luck! By the end of the week the system was down by 13 pips from the pair. Boo!
Look up my next updates, as I’m getting closer to the 2015 stats for this trend-catcher!
See ya and XOXO,