HLHB System Update (September 23 to 27, 2013)

EUR/USD

EURUSD

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!

# Signal Open Close Pips Notes
1 Sell 1.3522 1.3535 -13 New crossover
2 Buy 1.3535 1.3509 -26 New crossover
3 Sell 1.3509 1.3484 25 New crossover
4 Sell 1.3484 1.3484 0 RSI was already above 50
5 Buy 1.3486 1.3488 2 Trailing stop hit
6 Buy 1.3493 1.3522 29 End-of-week trade
TOTAL 17

GBP/USD

GBPUSD

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.

# Signal Open Close Pips Notes
1 Buy 1.6028 1.6024 -4 Trailing stop hit
2 Buy 1.6011 1.5995 -16 New crossover
3 Sell 1.5955 1.6015 -20 New crossover
4 Buy 1.6015 1.6027 12 Trailing stop hit
5 Sell 1.6053 1.6032 21 New crossover
6 Sell 1.6032 1.6045 -13 New crossover
7 Buy 1.6045 1.6082 37 Trailing stop hit
TOTAL 17

That’s it for the system update today!

XOXO,

Huck

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