Finally found time to catch up on my HLHB System updates! This one turned out to be a good forex trading week for the system.
Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
The system was hit by tons of fakeouts and a lot of invalid signals early in the week and near the end of it. Luckily for the trading system, signal #6 was a boon.
It caught a pretty decent move that contributed 114 pips and enabled the system to end with a net of +5 pips by the end of the week.
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.0957 | 1.0957 | 0 | There was no RSI crossover |
| 2 | Buy | 1.0970 | 1.0896 | -74 | New crossover |
| 3 | Sell | 1.0896 | 1.0931 | -35 | New crossover |
| 4 | Buy | 1.0931 | 1.0931 | 0 | There was no RSI crossover |
| 5 | Sell | 1.1131 | 1.1131 | 0 | There was no RSI crossover |
| 6 | Buy | 1.1215 | 1.1329 | 114 | Trailing stop loss hit |
| 7 | Sell | 1.1270 | 1.1270 | 0 | There was no RSI crossover |
| 8 | Buy | 1.1248 | 1.1248 | 0 | There was no RSI crossover |
| 9 | Sell | 1.1098 | 1.1098 | 0 | There was no RSI crossover |
| TOTAL | 5 |
GBP/USD
What a rollercoaster ride! There was no one big move for Cable throughout the week, so it wasn’t surprising that the system saw some fakeouts. Luckily, we did see a couple of gains including the 82-pip win on signal #6 and 25-pip win on signal #3. By the end of the week, the system still gained a net of +53 pips from the pair. Phew!
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.5273 | 1.5273 | 0 | There was no RSI crossover |
| 2 | Buy | 1.5293 | 1.5273 | -20 | New crossover |
| 3 | Sell | 1.5273 | 1.5248 | 25 | Trailing stop loss hit |
| 4 | Buy | 1.5211 | 1.5211 | 0 | There was no RSI crossover |
| 5 | Sell | 1.5183 | 1.5183 | 0 | There was no RSI crossover |
| 6 | Buy | 1.5242 | 1.5324 | 82 | Trailing stop loss hit |
| 7 | Sell | 1.5270 | 1.5304 | -34 | Trailing stop loss hit |
| 8 | Buy | 1.5248 | 1.5248 | 0 | There was no RSI crossover |
| 9 | Sell | 1.5314 | 1.5314 | 0 | There was no RSI crossover |
| 10 | Buy | 1.5332 | 1.5332 | 0 | There was no RSI crossover |
| 11 | Sell | 1.5364 | 1.5364 | 0 | There was no RSI crossover |
| TOTAL | 53 |
Working on catching up to my updates list!
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.
