Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
What a week for EUR/USD! The HLHB system only yielded 3 signals during this week but one of those signals was a ridiculous 146-pip winner. Apparently, traders really loved the Greenback at the start of the week. Long live SMAs!
TOTAL36
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.3763 | 1.3790 | 27 | New crossover |
| 2 | Buy | 1.3790 | 1.3745 | -45 | New crossover |
| 3 | Sell | 1.3745 | 1.3599 | 146 | End-of-week trade |
| TOTAL | 128 |
GBP/USD
The HLHB System was much busier with Cable than with EUR/USD. The real moneymaker was signal #6, which yielded 83 pips as it caught the start-of-year buying by the dollar bulls. By the end of the week, the system saw a decent 32-pip gain.
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Buy | 1.6492 | 1.6468 | -24 | New crossover |
| 2 | Sell | 1.6468 | 1.6492 | -24 | New crossover |
| 3 | Buy | 1.6492 | 1.6492 | 0 | RSI was already above 50 |
| 4 | Sell | 1.6493 | 1.6493 | 0 | RSI was already above 50 |
| 5 | Buy | 1.6528 | 1.6553 | 25 | Trailing stop hit |
| 6 | Sell | 1.6546 | 1.6463 | 83 | Trailing stop hit |
| 7 | Buy | 1.6458 | 1.6426 | -32 | New crossover |
| 8 | Sell | 1.6426 | 1.6422 | 4 | End-of-week trade |
| TOTAL | 32 |
Not bad for the first week of the year, I think. I hope we continue to see gains over the next few weeks. Fingers crossed!
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.
