Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
Finally, a positive week for EUR/USD! There were only two valid signals last week and both of them turned out to be winners. No fakeouts this time!
TOTAL
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.3703 | 1.3712 | 9 | New crossover |
| 2 | Sell | 1.3712 | 1.3712 | 0 | There was no crossover |
| 3 | Buy | 1.3701 | 1.3701 | 0 | RSI was already above 50 |
| 4 | Sell | 1.3683 | 1.3683 | 0 | RSI was already below 50 |
| 5 | Buy | 1.3587 | 1.3587 | 0 | RSI was already above 50 |
| 6 | Sell | 1.3674 | 1.3674 | 0 | RSI was already below 50 |
| 7 | Buy | 1.3680 | 1.3680 | 0 | RSI was already above 50 |
| 8 | Sell | 1.3674 | 1.3630 | 44 | End-of-week trade |
| TOTAL | 53 |
GBP/USD
Just as the system finally caught a break with EUR/USD, its luck had turned with GBP/USD. We saw a lot of fake signals early in the week that translated to a net loss of 29 pips by the end of the week. Maybe we’ll see better system performance next week?
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.6815 | 1.6825 | -10 | New crossover |
| 2 | Buy | 1.6825 | 1.6809 | -16 | New crossover |
| 3 | Sell | 1.6809 | 1.6837 | -28 | New crossover |
| 4 | Buy | 1.6837 | 1.6815 | -22 | New crossover |
| 5 | Sell | 1.6815 | 1.6836 | -21 | New crossover |
| 6 | Buy | 1.6836 | 1.6833 | -3 | New crossover |
| 7 | Sell | 1.6833 | 1.6842 | -9 | New crossover |
| 8 | Buy | 1.6842 | 1.6885 | 0 | New crossover |
| 9 | Sell | 1.3885 | 1.3885 | 0 | There was no crossover |
| 10 | Buy | 1.3904 | 1.3904 | 0 | There was no crossover |
| 11 | Sell | 1.3870 | 1.3857 | 13 | New crossover |
| 12 | Sell | 1.3857 | 1.3857 | 0 | RSI was already below 50 |
| 13 | Buy | 1.3871 | 1.3871 | 0 | There was no crossover |
| 14 | Sell | 1.3849 | 1.3825 | 24 | End-of-week trade |
| TOTAL | -29 |
Hoping for 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.
