Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Finally, a positive week for EUR/USD! Okay maybe it’s just the 4th signal that saved the pair during this week. It also helped that the RSI signal invalidated a lot of potential fakeouts and losses were minimal for some signals. Phew.
|1||Sell||1.3702||1.3702||0||RSI was already below 50|
|2||Buy||1.3707||1.3707||0||RSI was already above 50|
|5||Buy||1.3761||1.3761||0||RSI was already below 50|
|7||Buy||1.3754||1.3754||0||RSI was already above 50|
|9||Buy||1.3720||1.3720||0||RSI was already above 50|
|10||Sell||1.3714||1.3714||0||RSI was already below 50|
GBP/USD wasn’t so lucky during this week. The system threw a lot of fakeouts while the pair was slowly trending lower. I guess the system is only good for strong trends, huh?
|3||Sell||1.6683||1.6683||0||RSI was already below 50|
|5||Sell||1.6682||1.6682||0||RSI was already below 50|
|7||Sell||1.6680||1.6680||0||RSI was already below 50|
|10||Sell||1.6649||1.6649||0||RSI was already below 50|
I hope this system sees a better week next week!