Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
EUR/USD
Finally, a positive week for EUR/USD! Okay, maybe it’s just the 4th signal that saved the pair during this week. It also helped that the RSI signal invalidated a lot of potential fakeouts and losses were minimal for some signals. Phew.
TOTAL
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.3702 | 1.3702 | 0 | RSI was already below 50 |
| 2 | Buy | 1.3707 | 1.3707 | 0 | RSI was already above 50 |
| 3 | Sell | 1.3701 | 1.3712 | -11 | New crossover |
| 4 | Buy | 1.3712 | 1.3761 | 49 | New crossover |
| 5 | Buy | 1.3761 | 1.3761 | 0 | RSI was already below 50 |
| 6 | Sell | 1.3746 | 1.3754 | -8 | New crossover |
| 7 | Buy | 1.3754 | 1.3754 | 0 | RSI was already above 50 |
| 8 | Sell | 1.3716 | 1.3720 | -4 | New crossover |
| 9 | Buy | 1.3720 | 1.3720 | 0 | RSI was already above 50 |
| 10 | Sell | 1.3714 | 1.3714 | 0 | RSI was already below 50 |
| 11 | Buy | 1.3746 | 1.3743 | -3 | End-of-week trade |
| TOTAL | 23 |
GBP/USD
GBP/USD wasn’t so lucky during this week. The system threw a lot of fakeouts while the pair was slowly trending lower. I guess the system is only good for strong trends, huh?
| # | Signal | Open | Close | Pips | Notes |
|---|---|---|---|---|---|
| 1 | Sell | 1.6721 | 1.6730 | -9 | New crossover |
| 2 | Buy | 1.6730 | 1.6683 | -47 | New crossover |
| 3 | Sell | 1.6683 | 1.6683 | 0 | RSI was already below 50 |
| 4 | Buy | 1.6694 | 1.6682 | -12 | New crossover |
| 5 | Sell | 1.6682 | 1.6682 | 0 | RSI was already below 50 |
| 6 | Buy | 1.6715 | 1.6680 | -35 | New crossover |
| 7 | Sell | 1.6680 | 1.6680 | 0 | RSI was already below 50 |
| 8 | Buy | 1.6692 | 1.6658 | -34 | New crossover |
| 9 | Sell | 1.6658 | 1.6649 | 9 | New crossover |
| 10 | Sell | 1.6649 | 1.6649 | 0 | RSI was already below 50 |
| 11 | Buy | 1.6667 | 1.6629 | -38 | New crossover |
| 12 | Sell | 1.6629 | 1.6644 | -15 | End-of-week trade |
| TOTAL | -181 |
I hope this system sees a better week next week!
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.
