HLHB System Update (January 27 – 31, 2014)

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

EUR/USD

EURUSD

EUR/USD threw out A LOT of fakeouts early in the week thanks to a tight ranging environment. Luckily for the system, it caught the start of a downtrend that lasted until the end of the week. The positive signal was enough to offset all the losses and the week ended with a 62-pip gain.

TOTAL36

# Signal Open Close Pips Notes
1 Buy 1.3687 1.3687 0 RSI was already above 50
2 Sell 1.3679 1.3689 -10 New crossover
3 Buy 1.3689 1.3672 0 RSI was already below 50
4 Sell 1.3672 1.3672 0 RSI was already below 50
5 Buy 1.3678 1.3664 -14 New crossover
6 Sell 1.3664 1.3655 9 New crossover
7 Sell 1.3655 1.3655 0 RSI was already below 50
8 Buy 1.3666 1.3652 -14 New crossover
9 Sell 1.3652 1.3662 -10 New crossover
10 Buy 1.3662 1.3662 0 RSI was already above 50
11 Sell 1.3637 1.3663 -26 New crossover
12 Buy 1.3663 1.3663 0 RSI was already above 50
13 Sell 1.3648 1.3504 144 End-of-week trade
TOTAL 62

GBP/USD

GBPUSD

Just like in EUR/USD, Cable had a hard time finding direction early in the week. Also like in EUR/USD, the HLHB System was able to catch a start of a downtrend that yielded more than 100 pips. By the end of the week the system had 87 pips on Cable. Cool!

# Signal Open Close Pips Notes
1 Buy 1.6528 1.6576 48 Trailing stop hit
2 Sell 1.6567 1.6599 -32 New crossover
3 Buy 1.6599 1.6599 0 RSI was already above 50
4 Sell 1.6580 1.6579 1 New crossover
5 Buy 1.6579 1.6559 -20 New crossover
6 Sell 1.6559 1.6559 0 RSI was already below 50
7 Buy 1.6583 1.6553 -30 New crossover
8 Sell 1.6553 1.6433 120 End-of-week trade
TOTAL 87

Fingers crossed for even more gains next week!

XOXO,

Huck

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  • adebola

    please how can i get this system HLHB SYSTEM

  • Hucklekiwi Pip

    Hi!

    You can manually copy the HLHB System. Just put up your 100 and 200 SMAs as well as the RSI (default setting). Buy/Sell at crossovers if RSI crosses above/below 50 at the same time 🙂

  • ForExchange

    Hi Huck,

    but what does it mean “New Crossover” in your table? I mean when did you enter the trades when you lost and when did you exit them?

    Do you use this strategy often? What is your experience in the long term?

    Good Luck

    • Hucklekiwi Pip

      Hi!

      My system rules dictate that I should close any open position as soon as a signal (new crossover) pops up. I have been using this for years now but I’m still looking for ways to filter out the fakeouts 🙂

  • ruff2play

    What is HLHB? What do the letters stand for? Many thanks!

    • Hucklekiwi Pip

      Hey! Thanks for reading my updates! HLHB means “Huck Loves Her Bucks.” And I still do!