HLHB Trend-Catcher System Update (Mar. 28 – Apr. 1, 2016)

Now that’s trend catching! Though the HLHB System lost a few pips on EUR/USD, it had some pretty fantastic forex signals on GBP/USD.

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 was NFP week, so volatility was understandably subdued for most of the major pairs. In EUR/USD’s case, the pair only got some action after Janet Yellen conducted a surprisingly dovish speech. In fact, the HLHB threw us a signal at the start of the intraweek uptrend, but was invalidated by the RSI filter. With not a lot of other strong trends throughout the week, losses from the mini fakeouts won out and yielded a net loss of 33 pips by the end of the week.

EU

GBP/USD

GBP/USD: 1-hour Forex Chart

GBP/USD: 1-hour Forex Chart

Now this is how to catch trends! Though GBP/USD had less signals than EUR/USD, the ones that were valid churned out pretty big wins for the HLHB’s coffers. Signal #4 popped up around Yellen’s speech and yielded a nice 158-pip win while signal #7 wasn’t half bad with its 142-pip contribution. By the end of the week the wins added up to a net of 279 pips. Woohoo!

GU

Overall I’m pretty happy with the HLHB System’s performance. So far it’s working pretty well as a trend-catcher despite the fakeouts that we see in times of tight volatility. Fingers crossed for another trend-y week for both EUR/USD and GBP/USD!

XOXO,

Huck

P.S.: Remember to never risk more than 1% of a trading account on any single trade and to adjust position sizes accordingly. Create your own ideas and don’t follow what I do. Better yet, read the Risk Disclosure!

See also:

2014 HLHB Trend-Catcher Performance

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