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A pretty good forex trading week for the HLHB System, as it gained pips from both EUR/USD and GBP/USD.

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

The system started the week on a weak note thanks to EUR/USD ranging tighter than my pants after the holidays. Luckily, the 7th signal was validated, and was able to catch a full 200 pips for the system. By the end of the week the HLHB System is up 105 pips from EUR/USD. Woot!

# Signal Open Close Pips Notes
1 Sell 1.2449 1.2469 -20 New crossover
2 Buy 1.2469 1.2435 -34 New crossover
3 Sell 1.2435 1.2435 0 There was no crossover
4 Buy 1.2446 1.2446 0 There was no crossover
5 Sell 1.2485 1.2515 -30 New crossover
6 Buy 1.2515 1.2500 -15 New crossover
7 Sell 1.2500 1.2300 200 Profit target hit
8 Sell 1.2282 1.2282 0 RSI was already below 50
9 Buy 1.2293 1.2262 -31 New crossover
10 Sell 1.2262 1.2227 35 End-of-week trade
TOTAL 105

GBP/USD

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

Though GBP/USD didn’t show monster one-directional moves throughout the week, the HLHB System was able to validate more signals that brought pips than those that turned out to be fakeouts. The week ended with a close 6-pip win for the system. Phew!

# Signal Open Close Pips Notes
1 Sell 1.5710 1.5742 -32 New crossover
2 Sell 1.5742 1.5742 0 RSI was already below 50
3 Sell 1.5703 1.5726 -23 New crossover
4 Sell 1.5726 1.5726 0 There was no crossover
5 Buy 1.5622 1.5662 40 New crossover
6 Buy 1.5662 1.5662 0 RSI was already above 50
7 Sell 1.5653 1.5632 21 End-of-week trade
TOTAL 6

Up next, I’m posting my last HLHB entries for 2014. Fingers crossed that this trend-catcher system end the year on a good note! 🙂

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.