A pretty good week for the HLHB System, as it gained tons of pips from both EUR/USD and GBP/USD. Not bad for a week’s worth of forex trades!
Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD was on a slow and steady uptrend for most of the week, thanks to a bit of dollar weakness and more overall focus on the more volatile currency pairs. The HLHB system managed to catch a few pips though, especially from signals 1, 3, and 7. By the end of the week the gains outweighed the losses and the system capped with a 58-pip gain. Not bad!
Now this is trend catching! GBP/USD traded on wide ranges and saw some wild swings, which were enough to get more than a couple of pips for this trend-catcher system. Only one signal was invalid and only two printed losses. Signal #8 was especially helpful with its 143-pip gain. By week’s end the system was up by a whopping 304 pips from Cable. Woot! Woot!
See ya on my next HLHB post!
P.S.: Remember to never risk more than 1% of a trading account on any single trade and to adjust position sizes accordingly. Create your own ideas and don’t follow what I do. Better yet, read the Risk Disclosure!
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.