Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
Now this is what the HLHB Trend-Catcher System is all about! Not only did the RSI successfully filter out a couple of fakeouts, but it actually caught EUR/USD’s biggest intraweek move! Signal #8 was the money-maker in this case, as the valid signal popped up just before the euro fell like a rock. By the end of the week, the system had a nice 174-pip gain from the pair.
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.3143 | 1.3128 | -15 | New crossover |
| 2 | Sell | 1.3128 | 1.3128 | 0 | RSI was already below 50 |
| 3 | Buy | 1.3126 | 1.3125 | -1 | New crossover |
| 4 | Sell | 1.3125 | 1.3125 | 0 | RSI was already below 50 |
| 5 | Buy | 1.3135 | 1.3135 | 0 | RSI was already above 50 |
| 6 | Sell | 1.3137 | 1.3137 | 0 | There was no crossover |
| 7 | Buy | 1.3145 | 1.3145 | 0 | RSI was already above 50 |
| 8 | Sell | 1.3141 | 1.2951 | 190 | New crossover |
| 9 | Sell | 1.2951 | 1.2951 | 0 | RSI was already below 50 |
| TOTAL | 174 |
GBP/USD
The HLHB System caught not one, but all TWO of GBP/USD’s biggest moves throughout the week. Pips started raining with signal #1, which bagged a whopping 125 pips. Not to be outdone, signal #7 was right at the end of a consolidation and yielded 140 pips. Woot! Woot! Seriously, it’s weeks like these that remind me to STICK TO MY SYSTEM and not mind losing weeks much.
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.6608 | 1.6483 | 125 | New crossover |
| 2 | Buy | 1.6483 | 1.6483 | 0 | There was no crossover |
| 3 | Sell | 1.6463 | 1.6463 | 0 | RSI was already below 50 |
| 4 | Sell | 1.6458 | 1.6458 | 0 | RSI was already below 50 |
| 5 | Sell | 1.6458 | 1.6458 | 0 | RSI was already below 50 |
| 6 | Buy | 1.6462 | 1.6452 | -10 | New crossover |
| 7 | Sell | 1.6452 | 1.6312 | 140 | New crossover |
| 8 | Sell | 1.6312 | 1.6312 | 0 | RSI was already below 50 |
| 9 | Buy | 1.6331 | 1.6329 | -2 | End-of-week trade |
| TOTAL | 253 |
How about you? Do you have a trading system that doesn’t usually make pips but wins BIG when it does? Let us know, okay? Hope you guys were inspired to stick to your trading systems with this update! 🙂
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.
