HLHB System Update (November 25 – 29, 2013)

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

EUR/USD

EURUSD

The system did pretty well for EUR/USD during this week as the pair was generally in an uptrend. In the end, the losses trumped gains by 14 pips. Not too bad, I think.

# Signal Open Close Pips Notes
1 Buy 1.3523 1.3523 0 New crossover
2 Sell 1.3523 1.3561 -38 New crossover
3 Buy 1.3561 1.3575 14 New crossover
4 Sell 1.3575 1.3586 -11 New crossover
5 Buy 1.3586 1.3586 0 RSI was already above 50
6 Buy 1.3618 1.3618 0 RSI was already above 50
7 Sell 1.3604 1.3583 21 End-of-week trade
TOTAL -14

GBP/USD

GBPUSD

Thanks to the fourth signal, the HLHB system was able to end the week on a positive note. The trade alone gathered a whopping 152 pips, which offset the losses from the next two trades. That was close!

# Signal Open Close Pips Notes
1 Sell 1.6212 1.6183 29 Trailing stop hit
2 Buy 1.6192 1.6154 -38 New crossover
3 Sell 1.6154 1.6154 0 RSI was already below 50
4 Buy 1.6183 1.6335 152 New crossover
5 Sell 1.6335 1.6382 -47 New crossover
6 Buy 1.6382 1.6336 -46 End-of-week trade
TOTAL 50

Let me know if you have any questions!

XOXO,

Huck

Follow me on MeetPips.com

Follow me on Twitter

Like my page on Facebook