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Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
The system did pretty well for EUR/USD during this week as the pair was generally in an uptrend. In the end, the losses trumped gains by 14 pips. Not too bad, I think.
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.3523 | 1.3523 | 0 | New crossover |
| 2 | Sell | 1.3523 | 1.3561 | -38 | New crossover |
| 3 | Buy | 1.3561 | 1.3575 | 14 | New crossover |
| 4 | Sell | 1.3575 | 1.3586 | -11 | New crossover |
| 5 | Buy | 1.3586 | 1.3586 | 0 | RSI was already above 50 |
| 6 | Buy | 1.3618 | 1.3618 | 0 | RSI was already above 50 |
| 7 | Sell | 1.3604 | 1.3583 | 21 | End-of-week trade |
| TOTAL | -14 |
GBP/USD
Thanks to the fourth signal, the HLHB system was able to end the week on a positive note. The trade alone gathered a whopping 152 pips, which offset the losses from the next two trades. That was close!
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.6212 | 1.6183 | 29 | Trailing stop hit |
| 2 | Buy | 1.6192 | 1.6154 | -38 | New crossover |
| 3 | Sell | 1.6154 | 1.6154 | 0 | RSI was already below 50 |
| 4 | Buy | 1.6183 | 1.6335 | 152 | New crossover |
| 5 | Sell | 1.6335 | 1.6382 | -47 | New crossover |
| 6 | Buy | 1.6382 | 1.6336 | -46 | End-of-week trade |
| TOTAL | 50 |
Let me know if you have any questions!
XOXO,
Huck
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.