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EUR/USD

EURUSD

The HLHB Trend-Catcher missed a couple of good moves with EUR/USD thanks to RSI signals that were already below or above 50 when the signals popped up. At the end of the week, the system was down 40 pips.

# Signal Open Close Pips Notes
1 Buy 1.3685 1.3685 0 RSI was already above 50
2 Buy 1.3684 1.3684 0 RSI was already above 50
3 Sell 1.3672 1.3672 0 RSI was already below 50
4 Buy 1.3680 1.3680 0 RSI was already above 50
5 Sell 1.3755 1.3781 -26 New crossover
6 Buy 1.3781 1.3781 0 RSI was already above 50
7 Sell 1.3789 1.3807 -9 New crossover
8 Buy 1.3807 1.3800 -7 New crossover
9 Sell 1.3800 1.3800 0 RSI was already below 50
10 Buy 1.3806 1.3808 2 End-of-week trade
TOTAL -40

GBP/USD

GBPUSD

Here’s a money-maker! Unlike in EUR/USD, the system’s RSI signals weren’t invalid at the time of the big moves. Signals 2,3, and 4 were particularly pip-catching, which enabled the system to end with a total of 149 pips from this pair alone and a net of 109 pips for both EUR/USD and GBP/USD for the week. Not too bad, I think.

# Signal Open Close Pips Notes
1 Buy 1.6172 1.6172 0 RSI was already above 50
2 Sell 1.6154 1.6137 17 New crossover
3 Buy 1.6137 1.6215 78 New crossover
4 Sell 1.6215 1.6169 46 Trailing stop hit
5 Buy 1.6190 1.6182 -8 New crossover
6 Sell 1.6182 1.6182 0 RSI was already below 50
7 Buy 1.6209 1.6209 0 RSI was already above 50
8 Sell 1.6196 1.6180 16 End-of-week trade
TOTAL 149

Fingers crossed for another good week next week!

XOXO,

Huck

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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.