Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD started the week with a tight range before it popped higher on overall risk appetite and possible profit-taking from the previous weeks’ selloff. The system did a great job of catching the strong intraweek moves and by the end of the week, the system gained a net of 70 pips from 4 winning signals and 2 small losing ones. Not bad, I think.
Unlike EUR/USD, GBP/USD was in Chopsville throughout the week. The system saw TONS of fakeouts! Signal #12 with its 94-pip gain did a lot to keep the system afloat. By the end of the week, the system pocketed a net of 42 pips from Cable. Phew!
Hoping for another good trading week next week!
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.