Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
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!
|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|
|6||Buy||1.3862||1.3862||0||RSI was already above 50|
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!
|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|
I hope this system sees a better week next week!