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What a week for the HLHB system! Thanks to a trending environment, this forex trend catcher did its job well on 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 1-Hour Forex Chart
EUR/USD 1-Hour Forex Chart

The system only had 3 signals on EUR/USD throughout the week but, thankfully, they’re all I need to make pips. Signal #2 got invalidated by the RSI filter, but signal #3 caught a monster move and hit the system’s maximum profit target of 200 pips. Woot! Woot!

# Signal Open Close Pips Notes
1 Buy 1.0984 1.0984 0 RSI was already above 50
2 Sell 1.0977 1.0977 0 RSI was already below 50
3 Sell 1.0791 1.0591 200 Profit target hit
TOTAL 200

GBP/USD

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

Like in EUR/USD, there were only a handful of signals on GBP/USD last week. Two of them, to be exact. Signal #2 was in a perfect place to catch a strong downward move but, this time, its gains was limited by the 50-pip moving stop loss. Imagine if it had caught the full move!

# Signal Open Close Pips Notes
1 Sell 1.4921 1.4921 0 RSI was already below 50
2 Sell 1.4882 1.4815 67 Adjusted stop loss hit
TOTAL 67

Feeling optimistic about last week’s performance. Hoping for another trend-y week again this week! 🙂

XOXO,

Huck

See also:

2014 HLHB Trend-Catcher Performance

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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.