HLHB System Update (September 30 to October 4, 2013, 2013)

EUR/USD

EURUSD

The HLHB Trend-Catcher had a shaky start with EUR/USD, but intraday trends soon popped up and yielded a decent number of pips. The last signal, in particular, boosted the system’s gains by 64 pips pips. Woot!

# Signal Open Close Pips Notes
1 Buy 1.3548 1.3519 -29 New crossover
2 Sell 1.3519 1.3528 -9 New crossover
3 Buy 1.3528 1.3539 11 Trailing stop hit
4 Sell 1.3536 1.3529 7 New crossover
5 Buy 1.3529 1.3520 -9 New crossover
6 Sell 1.3520 1.3520 0 RSI was already below 50
7 Buy 1.3579 1.3597 18 Trailing stop hit
8 Sell 1.3618 1.3554 64 End-of-week trade
TOTAL 53

GBP/USD

GBPUSD

Like EUR/USD, the system had a rough start with a lot of new crossovers. Unlike in EUR/USD though, the pair’s last signal (which would have yielded a lot of pips) was invalidated by an RSI that was already below 50. Boo!

# Signal Open Close Pips Notes
1 Sell 1.6137 1.6154 -17 New crossover
2 Buy 1.6154 1.6154 0 RSI was already above 50
3 Buy 1.6162 1.6144 -18 New crossover
4 Sell 1.6144 1.6144 0 No RSI crossover
5 Buy 1.6194 1.6194 21 RSI was already above 50
6 Sell 1.6203 1.6205 -2 New crossover
7 Buy 1.6205 1.6201 -4 New crossover
8 Sell 1.6201 1.6165 36 New crossover
9 Sell 1.6165 1.6165 0 RSI was already below 50
TOTAL -5

That’s it for the system update today! Got any questions?

XOXO,

Huck

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