Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD’s signal #3 killed the overall profits as it happened just before a spike. Gains from signal #7 probably would have reversed the losses but it was invalidated with the RSI that’s already below 50.
|1||Sell||1.3790||1.3790||0||RSI was already below 50|
|2||Buy||1.3801||1.3801||0||RSI was already above 50|
|4||Buy||1.3870||1.3870||0||RSI was already above 50|
|6||Buy||1.3826||1.3826||0||RSI was already above 50|
|7||Sell||1.3813||1.3813||0||RSI was already below 50|
|8||Buy||1.3752||1.3752||0||There was no crossover|
|9||Sell||1.3755||1.3756||0||RSI was already below 50|
The HLHB System caused twice the trouble for GBP/USD as it threw A LOT of fakeouts that were valid signals. By the end of the week the small losses added to a 200-pip damage. Yikes!
|1||Buy||1.6491||1.6491||0||There was no crossover|
|2||Sell||1.6486||1.6486||0||There was no crossover|
|7||Buy||1.6535||1.6535||0||RSI was already above 50|
|9||Buy||1.6503||1.6503||0||RSI was already above 50|
|16||Sell||1.6605||1.6605||0||There was no crossover|
|17||Buy||1.6618||1.6618||0||RSI was already above 50|
|18||Sell||1.6614||1.6614||0||RSI was already below 50|
I really hope this system sees a better week next week!
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