HLHB System Update (March 10 – 14, 2014)

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

EUR/USD

EUR/USD HLHB System Forex Chart

EUR/USD HLHB System Forex Chart

The RSI did a better job at filtering bad trades this time around! It invalidated signal #6 though, but thanks to signals #7 and #8 the system ended the week on a positive note!

TOTAL

# Signal Open Close Pips Notes
1 Sell 1.3874 1.3874 0 RSI was already below 50
2 Buy 1.3867 1.3867 0 RSI was already above 50
3 Sell 1.3859 1.3859 0 RSI was already below 50
4 Buy 1.3861 1.3854 -7 New crossover
5 Sell 1.3854 1.3862 -8 New crossover
6 Buy 1.3862 1.3862 0 RSI was already above 50
7 Sell 1.3972 1.3887 40 New crossover
8 Buy 1.3887 1.3907 20 End-of-week trade
TOTAL 45

GBP/USD

GBP/USD HLHB System Forex Chart

GBP/USD HLHB System Forex Chart

The RSI also did a great job at filtering out the fakeouts early in the week. Although a couple of negative trades still popped up, they were offset by the positive trades taken near the end of the week. Woot!

# Signal Open Close Pips Notes
1 Buy 1.6735 1.6735 0 RSI was already above 50
2 Sell 1.6704 1.6704 0 RSI was already below 50
3 Buy 1.6629 1.6608 0 RSI was already below 50
4 Sell 1.6608 1.6608 0 RSI was already below 50
5 Buy 1.6623 1.6609 -14 New crossover
6 Sell 1.6609 1.6624 -15 New crossover
7 Buy 1.6624 1.6650 26 New crossover
8 Sell 1.6650 1.6630 20 New crossover
9 Buy 1.6630 1.6636 6 End-of-week trade
TOTAL 2

I hope this system sees a better week next week!

XOXO,

Huck

Follow me on MeetPips.com

Follow me on Twitter

Like my page on Facebook