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What a great week for the HLHB System! Thanks to the RSI filter and its some early forex signals, the system was able to catch pips from 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 HLHB had a shaky start with EUR/USD after it encountered a few fakeouts early in the week. Luckily, a last-minute signal turned out to be valid and caught 87 pips to take out the losses and convert it to a net of +12 pips for the week. Phew!

EU

GBP/USD

GBP/USD 1-Hour Forex Chart
GBP/USD 1-Hour Forex Chart

Though fewer in signals, the system had more luck against the pound. Signal #6 turned out to be a winner, as it caught the dollar selloff before the Fed published its no-rate-hike plans for September. By the end of the week the six valid signals churned out a net of 216 pips from Cable. Not bad, I think.

GU

EUR/USD and GBP/USD are looking a bit more range-y this week, so my fingers are crossed that the this trend-catcher system wouldn’t have much trouble with fakeouts. Let’s see!

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.