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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

There was no megaprofitable signal from EUR/USD throughout the week, as the pair stayed in a wide range. It did catch signal #5 though, which canceled out all the fakeouts and led to a 19-pip win for the system. Woot!

# Signal Open Close Pips Notes
1 Sell 1.3432 1.3432 0 RSI was already below 50
2 Buy 1.3440 1.3440 0 RSI was already below 50
3 Sell 1.3435 1.3437 -2 New crossover
4 Buy 1.3437 1.3437 0 There was no crossover
5 Sell 1.3433 1.3397 36 New crossover
6 Buy 1.3397 1.3389 -8 New crossover
7 Sell 1.3389 1.3396 -7 New crossover
8 Buy 1.3396 1.3396 0 There was no crossover
9 Sell 1.3392 1.3392 14 RSI was already below 50
10 Sell 1.3388 1.3388 0 RSI was already below 50
11 Buy 1.3395 1.3395 0 RSI was already above 50
TOTAL 19

GBP/USD

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

With Cable’s chart on a downtrend for most of the week, you would think that the system would clock in more profits. Unfortunately, the RSI filter took out signals 7 and 8, which would have caught most of the downtrend. Signal #5 was valid though, and was still enough to boost the results to a 12-pip gain by the end of the week. Not bad!

# Signal Open Close Pips Notes
1 Buy 1.6981 1.6981 0 There was no crossover
2 Sell 1.6976 1.6976 0 RSI was already below 50
3 Buy 1.6980 1.6977 -3 New crossover
4 Sell 1.6977 1.6981 -4 New crossover
5 Sell 1.6981 1.6953 28 New crossover
6 Buy 1.6953 1.6953 0 There was no crossover
7 Sell 1.6945 1.6945 0 RSI was already below 50
8 Sell 1.6899 1.6899 0 RSI was already below 50
9 Buy 1.6891 1.6882 -9 New crossover
10 Sell 1.6882 1.6882 0 RSI was already below 50
TOTAL 12

Can’t wait to see another trending 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.