Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
The system might have filtered out signals early in the week, but it soon made up for the lack of action when the pair started dropping below 1.3400. Signal #7 was a particularly successful one, as it had caught the pair’s drop to the 1.3350 area. By the end of the week the system had gotten 22 pips from EUR/USD. Woohoo!
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.3426 | 1.3426 | 0 | RSI was already above 50 |
| 2 | Buy | 1.3429 | 1.3429 | 0 | There was no crossover |
| 3 | Sell | 1.3420 | 1.3420 | 0 | RSI was already below 50 |
| 4 | Buy | 1.3422 | 1.3422 | 0 | RSI was already above 50 |
| 5 | Sell | 1.3417 | 1.3422 | -5 | New crossover |
| 6 | Buy | 1.3422 | 1.3409 | -13 | New crossover |
| 7 | Sell | 1.3409 | 1.3370 | 39 | New crossover |
| 8 | Buy | 1.3370 | 1.3373 | 3 | New crossover |
| 9 | Sell | 1.3373 | 1.3394 | -21 | New crossover |
| 10 | Buy | 1.3394 | 1.3413 | 19 | End-of-week trade |
| TOTAL | 22 |
GBP/USD
There are almost as many valid invalid signals as valid ones in GBP/USD’s chart, but that didn’t stop the system from catching big moves. Heck, the last signal even brought in a nice 63-pip gain that brought the system’s net gains to a 36-pip gain throughout the week!
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.6838 | 1.6838 | 0 | RSI was already above 50 |
| 2 | Sell | 1.6850 | 1.6850 | 0 | RSI was already below 50 |
| 3 | Buy | 1.6879 | 1.6859 | -20 | New crossover |
| 4 | Sell | 1.6859 | 1.6859 | 0 | There was no crossover |
| 5 | Buy | 1.6872 | 1.6872 | 0 | There was no crossover |
| 6 | Sell | 1.6870 | 1.6843 | 27 | New crossover |
| 7 | Sell | 1.6843 | 1.6859 | -16 | New crossover |
| 8 | Buy | 1.6859 | 1.6841 | -18 | New crossover |
| 9 | Sell | 1.6841 | 1.6778 | 63 | End-of-week trade |
| TOTAL | 36 |
Can’t wait to see another trending 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.