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.
|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|
|6||Buy||1.3781||1.3781||0||RSI was already above 50|
|9||Sell||1.3800||1.3800||0||RSI was already below 50|
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.
|1||Buy||1.6172||1.6172||0||RSI was already above 50|
|4||Sell||1.6215||1.6169||46||Trailing stop hit|
|6||Sell||1.6182||1.6182||0||RSI was already below 50|
|7||Buy||1.6209||1.6209||0||RSI was already above 50|
Fingers crossed for another good week next week!