HLHB System Update (October 21 to 25, 2013)

EUR/USD

EURUSD

The HLHB Trend-Catcher missed a couple of good moves with EUR/USD thanks to RSI signals that were already below or above 50 when the signals popped up. At the end of the week, the system was down 40 pips.

# Signal Open Close Pips Notes
1 Buy 1.3685 1.3685 0 RSI was already above 50
2 Buy 1.3684 1.3684 0 RSI was already above 50
3 Sell 1.3672 1.3672 0 RSI was already below 50
4 Buy 1.3680 1.3680 0 RSI was already above 50
5 Sell 1.3755 1.3781 -26 New crossover
6 Buy 1.3781 1.3781 0 RSI was already above 50
7 Sell 1.3789 1.3807 -9 New crossover
8 Buy 1.3807 1.3800 -7 New crossover
9 Sell 1.3800 1.3800 0 RSI was already below 50
10 Buy 1.3806 1.3808 2 End-of-week trade
TOTAL -40

GBP/USD

GBPUSD

Here’s a money-maker! Unlike in EUR/USD, the system’s RSI signals weren’t invalid at the time of the big moves. Signals 2,3, and 4 were particularly pip-catching, which enabled the system to end with a total of 149 pips from this pair alone and a net of 109 pips for both EUR/USD and GBP/USD for the week. Not too bad, I think.

# Signal Open Close Pips Notes
1 Buy 1.6172 1.6172 0 RSI was already above 50
2 Sell 1.6154 1.6137 17 New crossover
3 Buy 1.6137 1.6215 78 New crossover
4 Sell 1.6215 1.6169 46 Trailing stop hit
5 Buy 1.6190 1.6182 -8 New crossover
6 Sell 1.6182 1.6182 0 RSI was already below 50
7 Buy 1.6209 1.6209 0 RSI was already above 50
8 Sell 1.6196 1.6180 16 End-of-week trade
TOTAL 149

Fingers crossed for another good week next week!

XOXO,

Huck

Follow me on MeetPips.com

Follow me on Twitter

Like my page on Facebook

  • kas

    Does the 30M chart work for the system? Also i notice the GBP/USD do more does not flake up to the EuR/USD. Lastly do you trade just this 2? I will really appreciate your response

  • TEM

    HELLO HUCK, I have a question regarding Ema-s in your method which price do you apply? also in the original method i guess trade is done after rsi crosses 50 level, and in your version you buy if it is below 50 and vice versa? thanks for your response 🙂