HLHB System Update (April 7 – 11, 2014)

Read all about my HLHB Trend Catcher System if this is your first time hearing about it!

EUR/USD

EUR/USD HLHB System Forex Chart

EUR/USD HLHB System Forex Chart

The HLHB System started the week on a good note as it threw out TWO buy signals while the pair was slowly but surely inching higher. I like this week even better because there are less fakeouts than the previous weeks. By the end of the week the EUR/USD chart had gained 63 pips from the system. Woot!

TOTAL

# Signal Open Close Pips Notes
1 Buy 1.3705 1.3804 99 New crossover
2 Sell 1.3804 1.3804 0 There was no crossover
3 Sell 1.3877 1.3898 -21 New crossover
4 Buy 1.3898 1.3883 -15 New crossover
TOTAL 63

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

This is what I’m talking about! GBP/USD had a better HLHB week than EUR/USD simply because the first signal almost hit a 200-pip PT and the system filtered out more fakeouts. The last signal even contributed to the gains and helped close out the week with a 103-pip profit. 🙂

# Signal Open Close Pips Notes
1 Buy 1.6581 1.6733 152 New crossover
2 Sell 1.6733 1.6733 0 There was no crossover
3 Buy 1.6756 1.6756 0 RSI was already above 50
4 Sell 1.6734 1.6795 -61 New crossover
5 Buy 1.6795 1.6774 -21 New crossover
6 Sell 1.6774 1.6782 -8 New crossover
7 Buy 1.6782 1.6782 0 RSI was already above 50
8 Sell 1.6777 1.6736 41 End-of-week trade
TOTAL 103

I really hope this system posts another good week next week!

XOXO,

Huck

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