Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
The HLHB System caught a lot of fakeouts early in the week. Luckily, a sell signal on Thursday wiped all of the system’s losses. The last trade yielded the system’s maximum of 200 pips and brought the record to green with a 64-pip gain. Phew!
|2||Buy||1.3809||1.3809||0||RSI was already above 50|
|7||Sell||1.3726||1.3488||200||Profit target hit|
Like in EUR/USD, the system also caught more than a few fakeouts for Cable early in the week. Unfortunately, it didn’t catch the beginning of an intraweek downtrend. In fact, it even produced a buy signal! The trade took a 119-pip hit and dragged the overall record to a 105-pip loss. *sigh*
Fingers crossed for a good week next week!