Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Fakeout alert! The HLHB System wasn’t able to filter some of the fakeouts especially with the pair ranging tightly later in the week. The last trade brought 21 pips to the table but just wasn’t enough to put EUR/USD’s gains to positive. *sigh*
|3||Buy||1.3636||1.3636||0||There was no crossover|
|4||Sell||1.3633||1.3633||0||There was no crossover|
|6||Sell||1.3594||1.3594||0||RSI was already below 50|
|9||Buy||1.3606||1.3606||0||RSI was already above 50|
Look at this pip-maker! Like in EUR/USD, GBP/USD also saw some fakeouts. Unlike the former though, Cable popped up two winning trades that were enough to put the profits in the green. By the end of the week the HLHB System brought 40 pips from Cable. Woot!
|2||Buy||1.6867||1.6867||0||RSI was already above 50|
|4||Sell||1.6779||1.6779||0||RSI was already below 50|
|5||Sell||1.6704||1.6704||0||There was no crossover|
|7||Sell||1.6717||1.6717||0||RSI was already below 50|
Hoping for a better week next week!
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.