The HLHB Trend-Catcher had a rough start with EUR/USD, but it did a better job in the next few days when it was able to filter some fakeouts. Too bad the fifth signal hit the trailing stop though. It would have worked out pretty well!
|4||Sell||1.3484||1.3484||0||RSI was already above 50|
|5||Buy||1.3486||1.3488||2||Trailing stop hit|
The system had trouble filtering fakeouts early in the week, but a couple of solid mid-week moves brought the gains in the positive territory. The last signal would’ve caught more pips if it hadn’t caught the trailing stop.
|1||Buy||1.6028||1.6024||-4||Trailing stop hit|
|4||Buy||1.6015||1.6027||12||Trailing stop hit|
|7||Buy||1.6045||1.6082||37||Trailing stop hit|
That’s it for the system update today!