HLHB System Update (September 16 to 20, 2013)

EUR/USD

EUR/USD 1-hour Chart

The HLHB Trend-Catcher did well on EUR/USD especially when it caught one great move in the middle of the week. Imagine if we’re actually in a trending environment!

# Signal Open Close Pips Notes
1
Sell
1.3343 1.3343
0
RSI did not cross 50
2
Buy
1.3383 1.3350
-33
RSI was already above 50
3
Sell
1.3350 1.3355
-5
New crossover
4
Buy
1.3355 1.3355
0
RSI was already above 50
5
Sell
1.3350 1.3359
-9
New crossover
6
Buy
1.3359 1.3351
-8
New crossover
7
Sell
1.3351 1.3358
-7
New crossover
8
Buy
1.3358 1.3558
200
Profit target hit
9
Sell
1.3525 1.3536
-21
New crossover
10
Buy
1.3536 1.3529
-7
New crossover
11
Sell
1.3529 1.3535
-6
New crossover
12
Buy
1.3535 1.3521
-14
New crossover
13
Sell
1.3521 1.3524
-3
End-of-week trade
TOTAL
87

GBP/USD

GBP/USD 1-hour Chart

Unlike in EUR/USD, the system didn’t catch the big dollar move as the signal was invalidated by the RSI. Oh well, at least it still ended up in the green!

# Signal Open Close Pips Notes
1
Buy
1.5961 1.5961
0
RSI was already above 50
2
Sell
1.5926 1.5921
5
New crossover
3
Buy
1.5921 1.5921
0
RSI was already above 50
4
Sell
1.5894 1.5912
-18
New crossover
5
Buy
1.5912 1.5902
-10
New crossover
6
Sell
1.5902 1.5908
-6
New crossover
7
Buy
1.5908 1.5908
0
RSI was already above 50
8
Sell
1.5912 1.5912
-8
New crossover
9
Buy
1.5912 1.5912
0
RSI was already above 50
10
Sell
1.6073 1.6035
38
New crossover
11
Sell
1.6035 1.6017
18
End-of-week trade
TOTAL
19

Can’t wait to how this system does in a trending environment!

XOXO,

Huck

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