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

EUR/USD

EUR/USD HLHB System Forex Chart
EUR/USD HLHB System Forex Chart

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 HLHB System Forex Chart
GBP/USD HLHB System Forex Chart

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

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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.