HLHB System Update (November 11 – 15, 2013)

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

EUR/USD

EURUSD

Although EUR/USD moved to the beat of an uptrend, price action on the 1-hour chart wasn’t enough to catch some good moves. Instead, the HLHB system caught a lot of fakeouts that resulted to a net loss for the week. Boo!

# Signal Open Close Pips Notes
1 Sell 1.3397 1.3409 -12 Trailing stop hit
2 Buy 1.3409 1.3430 21 New crossover
3 Sell 1.3430 1.3449 -19 Trailing stop hit
4 Buy 1.3456 1.3457 1 New crossover
5 Sell 1.3457 1.3468 -11 Trailing stop hit
6 Buy 1.3468 1.3468 0 RSI was already above 50
7 Sell 1.3447 1.3461 -14 New crossover
8 Buy 1.3461 1.3452 -9 New crossover
9 Sell 1.3452 1.3462 -10 New crossover
10 Buy 1.3462 1.3450 -12 New crossover
11 Sell 1.3450 1.3481 -31 New crossover
12 Buy 1.3481 1.3490 9 End-of-week trade
TOTAL -87

GBP/USD

GBPUSD
We’re finally seeing gains! GBP/USD caught decent gains with the third signal, which brought the system’s overall gains to 78 pips. Yay!

# Signal Open Close Pips Notes
1 Sell 1.6012 1.6012 0 No RSI crossover
2 Sell 1.5990 1.5990 0 No RSI crossover
3 Buy 1.5919 1.6008 89 Trailing stop hit
4 Sell 1.6007 1.6043 -36 New crossover
5 Buy 1.6043 1.6058 15 New crossover
6 Sell 1.6058 1.6080 -22 New crossover
7 Sell 1.6080 1.6112 32 New crossover
TOTAL 78

Let me know if you have any questions!

XOXO,

Huck

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