Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
The HLHB System threw out fewer signals than the previous week but we’re also seeing fewer losses. This is probably because there are fewer fakeouts and more winning trades this time. Too bad they’re still not enough though. The week ended with a 13-pip loss. Not too bad, I think.
TOTAL
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.3747 | 1.3747 | 0 | RSI was already below 50 |
| 2 | Buy | 1.3758 | 1.3758 | 0 | There was no crossover |
| 3 | Sell | 1.3748 | 1.3785 | -37 | New crossover |
| 4 | Buy | 1.3785 | 1.3769 | -16 | New crossover |
| 5 | Sell | 1.3769 | 1.3769 | 0 | There was no crossover |
| 6 | Buy | 1.3775 | 1.3775 | 0 | RSI was already above 50 |
| 7 | Buy | 1.3797 | 1.3797 | 0 | RSI was already above 50 |
| 8 | Sell | 1.3792 | 1.3772 | 20 | New crossover |
| 9 | Buy | 1.3772 | 1.3759 | -13 | New crossover |
| 10 | Sell | 1.3759 | 1.3717 | 42 | New crossover |
| 11 | Buy | 1.3717 | 1.3717 | 0 | There was no crossover |
| 12 | Sell | 1.3694 | 1.3703 | -9 | End-of-week trade |
| TOTAL | -13 |
GBP/USD
Like in EUR/USD, the system also had a slightly better performance during this week. An 8-pip loss is WAY better than the bloodbath we saw last week. Of course, it also doesn’t hurt that there are as many winning trades as losing ones this time. 🙂
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.6631 | 1.6631 | 0 | RSI was already below 50 |
| 2 | Buy | 1.6642 | 1.6658 | 16 | New crossover |
| 3 | Sell | 1.6658 | 1.6658 | 0 | There was no crossover |
| 4 | Buy | 1.6667 | 1.6667 | 0 | RSI was already above 50 |
| 5 | Sell | 1.6644 | 1.6634 | 10 | New crossover |
| 6 | Sell | 1.6634 | 1.6643 | -9 | New crossover |
| 7 | Buy | 1.6643 | 1.6606 | -37 | New crossover |
| 8 | Sell | 1.6606 | 1.6593 | 13 | New crossover |
| 9 | Buy | 1.6593 | 1.6593 | 0 | RSI was already above 50 |
| 10 | Sell | 1.6578 | 1.6579 | -1 | End-of-week trade |
| TOTAL | -8 |
I really hope this system sees a better week next week!
XOXO,
Huck
This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.
