The HLHB Trend-Catcher saw a choppy trading early in the week as EUR/USD ranged tightly. Good thing that the 8th signal was valid though, because it offset not only the losses from early in the week but also GBP/USD’s losses!
|2||Sell||1.3568||1.35568||0||RSI was already below 50|
|3||Buy||1.3578||1.3578||0||RSI was already above 50|
|6||Sell||1.3566||1.3566||0||RSI was already below 50|
The system wasn’t as lucky with GBP/USD as with EUR/USD. It also saw choppy trading early in the week. Unlike in EUR/USD though, the money-maker signal (the 5th in this case), turned out to be invalid. Better luck next week!
|1||Sell||1.6080||1.6070||10||Trailing stop hit|
|2||Buy||1.6108||1.6108||0||RSI was already above 50|
|3||Sell||1.6080||1.6080||0||RSI was already below 50|
|5||Sell||1.6066||1.6066||0||RSI was already below 50|
That’s it for the system update today! Got any questions?