Hucklekiwi Pip

Thanks to my 30-pip filter, I was saved from, not just one, but TWO losing trades. Phew! Last Friday, an upward crossover took place but I wasn’t able to get a trade signal for two reasons…

Gosh, I wasn’t able to profit from that sharp dive in the EURUSD since I didn’t get the go signal from my !

Ouch! This trade marked my second loss in a row. What did I do wrong? Did I set my stop too tight? Did I go in too early?

After a couple of weeks of inactivity, my has finally started showing some life as a bullish crossover happened. I did not enter though because my signals did not line up!

Oh Phooey! I missed out on the retracement on the EURUSD! The euro is starting to look like a fur coat in the middle of summer – nobody wants it!

Oopsie, there goes my trade idea! I’m not feeling bad at all, because I think it was one of those trades that you risk very little and get paid in spades if it goes your way. Besides, I only put half my usual position size.

Phew, I almost got caught up in a serious fake out! After gapping up to start the week and rising to as high as 1.3096, it almost looked as if the moving averages were going to make a crossover to the top.

Well, whad’ya know… It looks like I won’t be doing some modifications on the HLHB system just yet! Amidst all the frenzy in the markets, my HLHB system still rocked! Can you say trade of the year?!

Lesson learned. When risk aversion’s too strong, don’t bet on the EURUSD to retrace as far as the 61.8% Fibonacci retracement level. I completely missed the boat on this one, as the pair hastily fell when the European trading session opened up.

What in the world happened yesterday! Even though price was chilling below the 94.00 price level, I didn’t think it would drop so low to stop my remaining position at 92.20!