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Read all about my HLHB Trend Catcher System if this is your first time hearing about it!

EUR/USD

EURUSD

EUR/USD ranged tightly early in the week and caused a lot of fakeouts for the HLHB system. Things turned around after signal #7 though, as it yielded 121 pips in just over a day. Awesome, right?

TOTAL36

# Signal Open Close Pips Notes
1 Buy 1.3547 1.3546 -1 New crossover
2 Sell 1.3546 1.3546 0 RSI was already below 50
3 Buy 1.3560 1.3555 -5 New crossover
4 Sell 1.3555 1.3555 0 RSI was already below 50
5 Buy 1.3570 1.3546 -24 New crossover
6 Sell 1.3546 1.3550 -4 New crossover
7 Buy 1.3550 1.3671 121 New crossover
8 Sell 1.3671 1.3671 0 There was no RSI cross
9 Buy 1.3719 1.3719 0 RSI was already above 50
10 Sell 1.3680 1.3678 2 End-of-week trade
TOTAL 89

GBP/USD

GBPUSD

The HLHB system experienced a double whammy from Cable this week as it not only ranged tightly for most of the week but it also inspired a lot of RSI crosses. As a result, we saw a LOT of signals that turned out to be fakeouts. My system gave up a ridiculous 102 pips by the end of the week! Ouch.

# Signal Open Close Pips Notes
1 Sell 1.6400 1.6427 -27 New crossover
2 Buy 1.6427 1.6427 0 RSI was already above 50
3 Sell 1.6421 1.6434 -13 New crossover
4 Buy 1.6434 1.6434 0 RSI was already above 50
5 Sell 1.6426 1.6435 -9 New crossover
6 Buy 1.6435 1.6435 0 There was no RSI cross
7 Sell 1.6421 1.6441 -20 New crossover
8 Buy 1.6441 1.6416 -25 New crossover
9 Sell 1.6416 1.6474 -58 New crossover
10 Buy 1.6474 1.6474 0 RSI was already above 50
11 Sell 1.6466 1.6549 -83 New crossover
12 Buy 1.6549 1.6568 19 New crossover
13 Buy 1.6568 1.6568 0 New crossover
14 Sell 1.6621 1.6507 114 End-of-week trade
TOTAL -102

Looking forward to a better 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.