About The Loonie Adventures of a Forex Noob

The Loonie Adventures of a Forex Noob Author “Huck loves her bucks!” I always say. The problem, of course, is how to make those bucks!! In this blog, I'll be posting my adventures as I traverse the forex world, while trying to catch some pips along the way. To do this, I will make use of classical charting methods as well as develop my own mechanical system. After work, I will update you on what’s happened to me that day and how my trades went. Hopefully, by the end of this tale, I'll be able to achieve my goal of becoming a profitable currency trader.

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June 2012

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HLHB Weekly Update - June 25, 2012

Well, what can I say? Last week turned out to be a good one for the HLHB system as it was able to bring in 153 pips.

EUR/USD 1-Hour Chart

First thing's first! Remember that trade that was left open last week? Well, it closed with a 65-pip win when the pair made a new crossover. As for the other trades, just check them out below

1. Short at 1.2651. Closed due to new crossover at 1.2605. +46 pips.
2. Long at 1.2605. Closed due to new crossover at 1.2598. -7 pips.
3. Short at 1.2598. Closed due to new crossover at 1.2613. -15 pips.
4. Long at 1.2613. Closed when 50-pip trailing stop was hit at 1.2680. +67 pips.
5. Invalid short signal since RSI did not cross the 50.0 level.
6. Invalid long signal since RSI was already above the 50.0 level prior the crossover candle.
7. Short at 1.2683. Closed due to new crossover at 1.2707. -24 pips.
8. Long at 1.2707. Closed due to new crossover at 1.2681. -26 pips.
9. Short at 1.2681. Closed due to new crossover at 1.2573. +108 pips.
10. Long at 1.2573. Closed due to new crossover at 1.2561. -10 pips.
11. Short at 1.2536. Closed due to new crossover at 1.2563. -27 pips.
12. Long at 1.2563. Closed due to new crossover at 1.2539. -24 pips.

Total Gain (including the open signal from the week prior): +153 pips

Needless to say, I'm very happy with the performance of the HLHB Trend-Catcher last week.

Since it's been a few months now that I have been using the Trend-Catcher, I thought I'd start discussion.

Are any of you testing out the HLHB Trend-Catcher? What are your experiences with it? Have you been profitable? Hit me up in the comments! Perhaps we can get a healthy conversation going!

XOXO,

Huck

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"It is wise to keep in mind that neither success nor failure is ever final."
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