Hucklekiwi Pip

My last trade on GBP/USD didn’t work out so well but I’m not going to let it stop me from taking another shot in trading the pair. Let me tell you why!

I’m happy to report that my HLHB Trend-Catcher system finished last week’s trading with a triple-digit win. Sadly though, I can’t say I’m happy about how my GBP/USD trade fared.

Bulls, you better ready your guns because there’s a nice bullish flag on the Cable’s 4-hour chart!

If I were to describe last week in one word, it would be AWESOME. Not only did my HLHB Trend-Catcher finally get a break, my discretionary trade closed out with a huge win too!

I haven’t gotten in on any action in the forex market for the past few weeks. But finally, I think I’ve found the setup I’m willing to take a risk in. I’m ready!

Talk about having a bad week! The Trend-Catcher missed a couple of coulda-been-winners. Argh! To make matters worse, it finished last week’s trading in the red!

I don’t know about you, but I think EUR/USD is severely oversold on the longer time frame and it’s about to pullback soon. That being said, I’m thinking of buying the pair once price gets to the level that I want.

The HLHB Trend-Catcher’s performance last week was mixed. While the signals it caught were mostly fake outs, the trade that was left open the week prior closed out with a huge gain!

I think I’m having a déjà vu! I spotted a setup on EUR/USD similar to the one I took last week. The question is, will it have the same outcome?

The HLHB Trend-Catcher maybe be in the red now, but the last signal from last week is still open and I definitely have my hopes up for it!