Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
Not a bad week for EUR/USD. The system only threw out a couple of signals this time and two of the four signals were even invalidated. Fortunately, the pips from signal #2 were enough to offset the 11-pip loss from signal #3 so the system still ended the week with a 12-pip gain. Phew!
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.3693 | 1.3693 | 0 | RSI was already above 50 |
| 2 | Sell | 1.3684 | 1.3661 | 23 | New crossover |
| 3 | Buy | 1.3661 | 1.3650 | -11 | New crossover |
| 4 | Sell | 1.3650 | 1.3650 | 0 | RSI was already below 50 |
| TOTAL | 12 |
GBP/USD
Now this is what the HLHB System is about! Although we saw a couple of fakeouts from GBP/USD at the start of the week, the system was able to catch the start of an intraweek trend. The 122-pip gain from signal #4 completely wiped out losses form other signals, which ended in an 89-pip gain for the week. Woot!
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.7026 | 1.7031 | -5 | New crossover |
| 2 | Buy | 1.7031 | 1.7017 | -14 | New crossover |
| 3 | Sell | 1.7017 | 1.7036 | -19 | New crossover |
| 4 | Buy | 1.7036 | 1.7158 | 122 | New crossover |
| 5 | Sell | 1.7158 | 1.7149 | 9 | New crossover |
| 6 | Buy | 1.7149 | 1.7149 | 0 | RSI was already above 50 |
| 7 | Sell | 1.7152 | 1.7152 | 0 | RSI was already below 50 |
| 8 | Buy | 1.7161 | 1.7157 | -4 | End-of-week trade |
| TOTAL | 89 |
Fingers crossed for another good 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.