Taking this opportunity to catch up to my HLHB updates! Unfortunately for my mechanical forex trading system, the last week of May wasn’t good for EUR/USD and GBP/USD.
Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD

Though it wasn’t exactly fakeout galore for EUR/USD in the last week of May, there were two signals that weighed enough in the final stats to matter. Yep, I’m talking about signals #2 and #4, which were both valid but had popped up just before the pair reversed its direction. By the end of the week the HLHB System is down 91 pips from EUR/USD. Boo!
# | Signal | Open | Close | Pips | Notes |
---|---|---|---|---|---|
1 | Buy | 1.1908 | 1.1862 | -46 | New crossover |
2 | Sell | 1.0862 | 1.0862 | 0 | There was no RSI crossover |
3 | Buy | 1.0901 | 1.0901 | 0 | Adjusted stop loss hit |
4 | Sell | 1.0886 | 1.0931 | -45 | New crossover |
5 | Buy | 1.0931 | 1.0931 | 0 | There was no RSI crossover |
6 | Sell | 1.0928 | 1.0928 | 0 | There was no RSI crossover |
7 | Buy | 1.0961 | 1.0961 | 0 | There was no RSI crossover |
TOTAL | -91 |
GBP/USD

It was a decent week for GBP/USD as more than a couple of signals turned out to be valid. Even better, they yielded net gains for the HLHB System. Signals #4 and #8 were especially fortunate, especially since price action got tight after the drop after signal #2 (which was invalid, by the way). By the end of the week the system had 38 pips on Cable. Right on!
# | Signal | Open | Close | Pips | Notes |
---|---|---|---|---|---|
1 | Buy | 1.5504 | 1.5504 | 0 | There was no RSI crossover |
2 | Sell | 1.5476 | 1.5476 | 0 | There was no RSI crossover |
3 | Buy | 1.5404 | 1.5404 | -17 | Adjusted stop loss hit |
4 | Sell | 1.5383 | 1.5352 | 31 | Adjusted stop loss hit |
5 | Buy | 1.5361 | 1.5361 | 0 | There was no RSI crossover |
6 | Sell | 1.5345 | 1.5345 | 0 | There was no RSI crossover |
7 | Buy | 1.5359 | 1.5359 | 0 | There was no RSI crossover |
8 | Sell | 1.5335 | 1.5335 | 24 | Adjusted stop loss hit |
9 | Buy | 1.5315 | 1.5315 | 0 | There was no RSI crossover |
10 | Sell | 1.5293 | 1.5293 | 6 | Adjusted stop loss hit |
11 | Buy | 1.5292 | 1.5286 | -6 | End-of-week trade |
TOTAL | 38 |
XOXO,
Huck
See also:
2014 HLHB Trend-Catcher Performance
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