HLHB System Update (October 14 to 18, 2013)

EUR/USD

EURUSD

The HLHB Trend-Catcher had a lot of false signals and a couple of misses early in the week. Fortunately, it was also able to catch a pretty good move at the end of the week, which pulled the net pip gain back to positive. Woot!

# Signal Open Close Pips Notes
1 Sell 1.3553 1.3587 -34 New crossover
2 Buy 1.3587 1.3566 -21 New crossover
3 Sell 1.3566 1.35567 -1 New crossover
4 Buy 1.3567 1.3567 0 RSI was already above 50
5 Sell 1.3544 1.3544 0 RSI was already below 50
6 Buy 1.3524 1.3511 -13 New crossover
7 Sell 1.3511 1.3511 0 No RSI crossover
8 Buy 1.3521 1.3521 0 No RSI crossover
9 Sell 1.3513 1.3513 0 RSI was already below 50
10 Sell 1.3492 1.3533 -41 New crossover
11 Buy 1.3533 1.3533 0 RSI was already above 50
12 Sell 1.3522 1.3539 -17 New crossover
13 Buy 1.3539 1.3684 145 End-of-week trade
TOTAL 18

GBP/USD

GBPUSD

Thanks to a couple of tier 1 reports from the U.K., GBP/USD saw a lot more action than EUR/USD did. The pair also saw a few false signals here and there, but a big move near the end of the week more than made up for the misses. Heck, it hit the 200-pip profit target!

# Signal Open Close Pips Notes
1 Sell 1.5970 1.5970 0 RSI was already above 50
2 Buy 1.5986 1.5983 -3 New crossover
3 Sell 1.5983 1.5993 -10 New crossover
4 Buy 1.5933 1.5976 -17 New crossover
5 Sell 1.5976 1.5974 2 New crossover
6 Buy 1.5974 1.5974 0 RSI was already above 50
7 Sell 1.5972 1.5972 0 RSI was already below 50
8 Buy 1.5988 1.6009 21 Trailing stop hit
9 Sell 1.5932 1.5944 -12 Trailing stop hit
10 Buy 1.5975 1.6175 200 Profit target hit
11 Sell 1.6165 1.6167 -2 End-of-week trade
TOTAL 179

Fingers crossed for another good week next week!

XOXO,

Huck

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