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Read all about my HLHB Trend Catcher System if this is your first time hearing about it!

EUR/USD

EUR/USD HLHB System Forex Chart
EUR/USD HLHB System Forex Chart

Finally, the HLHB Trend-Catcher System did what it’s supposed to do – catch trends and filter fakeouts! Although signals 4 and 6 still managed to evade the system’s filters, the losses weren’t enough to offset the neat 86-pip gain on signal #3. By the end of the week the system gained 66 pips from EUR/USD. Woot!

# Signal Open Close Pips Notes
1 Sell 1.3642 1.3642 0 There was no crossover
2 Buy 1.3645 1.3645 0 There was no crossover
3 Sell 1.3635 1.3549 86 New crossover
4 Buy 1.3549 1.3533 -16 New crossover
5 Sell 1.3533 1.3533 0 RSI was already below 50
6 Buy 1.3536 1.3529 -7 New crossover
7 Sell 1.3529 1.3529 0 RSI was already below 50
8 Buy 1.3542 1.3542 0 RSI was already above 50
9 Sell 1.3542 1.3539 3 End-of-week trade
TOTAL 66

GBP/USD

GBP/USD HLHB System Forex Chart
GBP/USD HLHB System Forex Chart

Like in EUR/USD, the HLHB System filtered most of the fakeouts on GBP/USD. In fact, the system only validated signals 5 and 6, which collectively brought 202 pips to the week’s gains. See, the HLHB System isn’t so bad! It’s weeks like these that make me stick to the plan. Hopefully this week’s gains would contribute a lot to the HLHB System’s 2014 results!

# Signal Open Close Pips Notes
1 Sell 1.6804 1.6804 0 There was no crossover
2 Buy 1.6809 1.6809 0 There was no crossover
3 Sell 1.6807 1.6807 0 RSI was already below 50
4 Buy 1.6803 1.6803 0 RSI was already above 50
5 Sell 1.6790 1.6790 2 New crossover
6 Buy 1.6761 1.6971 200 Profit target hit
TOTAL 202

Crossing my fingers for another good trading week!

XOXO,

Huck

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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.