Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Not a good week for the HLHB Trend Catcher System, as it lost pips from both EUR/USD. The 60-pip loss from signal #4 was particularly bad for EUR/USD since it popped up right AFTER a big move. Even worse, there was no winning trade to soften the blow of the losses. By the end of the week there was a 99-pip dent on the system’s performance. 🙁
|2||Sell||1.3362||1.3362||0||RSI was already below 50|
|5||Buy||1.3412||1.3412||0||RSI was already above 50|
|6||Sell||1.3369||1.3369||0||There was no crossover|
|8||Sell||1.3365||1.3365||0||RSI was already below 50|
|9||Buy||1.3368||1.3368||0||RSI was already above 50|
GBP/USD also suffered a couple of fakeouts, but this time there was at least a 43-pip win to cushion the 48-pip loss from signal #6. Still, the system closed with a 44-pip damage by the end of the week.
|2||Sell||1.6785||1.6785||0||There was no crossover|
|3||Sell||1.6783||1.6783||0||RSI was already below 50|
|4||Buy||1.6778||1.6772||-6||There was no crossover|
|9||Sell||1.6684||1.6684||0||There was no crossover|
|11||Sell||1.6684||1.6684||0||RSI was already below 50|
|13||Sell||1.6686||1.6686||0||RSI was already below 50|
|14||Buy||1.6698||1.6698||0||RSI was already above 50|
Fingers crossed 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.