Now that’s forex trend-catching! Though there were tons of fakeouts from both EUR/USD and GBP/USD, the HLHB System managed to catch 106 pips from both pairs throughout the week.
Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD started the year in Chopsville, as it fell sharply in the first days only to recover most of its losses by the end of the week. Signal #5 would’ve gotten tons of pips for the system if it were not invalidated by the RSI filter. Boo! Still, a net gain of 106 pips ain’t too bad.
Cable was on a steady grind lower throughout the week though it picked up tons of fakeouts on its way. Luckily for the system, the last two signals caught enough pips to match EUR/USD’s gains. Talk about buzzer-beaters!
Let’s see if last week’s performance was any better for this trend-catcher! How about you? Got any systems you’re looking to try this year?
See ya and XOXO,