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It appears that it wasn’t only my discretionary trading that performed well in Q2 2012 but my mechanical system as well! After a quick review of my previous posts, it looks like the HLHB Trend-Catcher 3.0 also raked in the pips! Take a look!

Date Triggered Trades Signals Gain/Loss
4/2-4/6 HLHB Weekly Update-April 10, 2012 19 -82 pips
4/9-4/13 HLHB Weekly Update-April 16, 2012 11 +90 pips
4/16-4/20 HLHB Weekly Update-April 23, 2012 13 0 pips
4/23-4/27 HLHB Weekly Update-May 1, 2012 12 -107 pips
4/30-5/04 HLHB Weekly Update-May 7, 2012 11 +158 pips
5/7-5/11 HLHB Weekly Update-May 14, 2012 10 +69 pips
5/14-5/18 HLHB Weekly Update -May 21, 2012 9 +54 pips
5/21-5/25 HLHB Weekly Update-May 28, 2012 9 -81 pips
5/28-6/1 HLHB Weekly Update-June 4, 2012 7 +169 pips
6/4-6/8 HLHB Weekly Update-June 11, 2012 10 +71 pips
6/11-6/15 HLHB Weekly Update-June 18, 2012 12 +109 pips
6/18-6/22 HLHB Weekly Update-June 25, 2012 12 +88 pips
6/25-6/29 HLHB Weekly Update-July 2, 2012 12 -53 pips
Total 147 +485 pips

General observations on HLHB Trend-Catcher 3.0’s performance:

*Struggled in April due to the number of fakeouts
*There were no big trends on EUR/USD towards May
*Lots of small losing trades but the few big wins more than made up for it
*The 200-pip profit target was never hit
*Trades left open over the weekend ALWAYS closed as winners

I’ve been thinking of tweaking my system for quite a while now, but every time I’m about to do it, the system gets a bunch of big wins! I guess I just have to bite the bullet whenever the system experiences those terrible drawdowns. Eventually, the system will catch the big trends.

As the old adage goes, “If it ain’t broke, don’t fix it!” Until the HLHB Trend-Catcher 3.0 truly messes up, I think I’m going to keep the rules as they are.



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.