Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
Close call! While the HLHB System did a pretty good job at filtering out fakeouts, there were still one or two that churned out losses. Luckily, the gains outweighed the losses. By the end of the week the system bagged 20 pips from EUR/USD. Phew!
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.2770 | 1.2791 | 21 | Adjusted stop loss hit |
| 2 | Sell | 1.2764 | 1.2734 | 30 | New crossover |
| 3 | Buy | 1.2734 | 1.2734 | 0 | There was no crossover |
| 4 | Sell | 1.2715 | 1.2715 | 0 | There was no crossover |
| 5 | Buy | 1.2662 | 1.2644 | -18 | New crossover |
| 6 | Sell | 1.2644 | 1.2644 | 0 | There was no crossover |
| 7 | Buy | 1.2656 | 1.2656 | 0 | There was no crossover |
| 8 | Sell | 1.2647 | 1.2660 | -13 | New crossover |
| 9 | Buy | 1.2660 | 1.2660 | 0 | RSI was already above 50 |
| TOTAL | 20 |
GBP/USD
The system had a much better week from GBP/USD, as its winning signals far outweighed its losing trades. Signal #4 was particularly helpful with its 103-pip win from a short trade. By the end of the week the system has gained 105 pips from Cable.
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.6098 | 1.6098 | 0 | RSI was already above 50 |
| 2 | Sell | 1.6084 | 1.6104 | -20 | New crossover |
| 3 | Buy | 1.6104 | 1.6146 | 42 | New crossover |
| 4 | Sell | 1.6146 | 1.6043 | 103 | New crossover |
| 5 | Sell | 1.6043 | 1.6043 | 0 | RSI was already below 50 |
| 6 | Buy | 1.6037 | 1.6037 | 0 | There was no crossover |
| 7 | Sell | 1.6022 | 1.6022 | 0 | RSI was already below 50 |
| 8 | Buy | 1.6037 | 1.6026 | -11 | New crossover |
| 9 | Sell | 1.6026 | 1.6035 | -9 | New crossover |
| 10 | Buy | 1.6035 | 1.6035 | 0 | There was no crossover |
| TOTAL | 105 |
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.