Read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Another good week for EUR/USD as the RSI filtered a lot of fakeouts. Signal #13 was particularly helpful as it locked in a sweet 131 pips. Too bad it hit its trailing stop!
|1||Sell||1.3760||1.3760||0||There was no RSI crossover|
|2||Buy||1.3791||1.3791||0||RSI was already above 50|
|4||Buy||1.3782||1.3782||0||RSI was already above 50|
|7||Sell||1.3731||1.3731||0||RSI was already below 50|
|8||Buy||1.3738||1.3738||0||RSI was already above 50|
|9||Sell||1.3730||1.3730||0||RSI was already below 50|
|10||Sell||1.3729||1.3729||0||RSI was already below 50|
|13||Buy||1.3735||1.3866||131||Trailing stop hit|
|14||Sell||1.3862||1.3862||0||There was no RSI crossover|
|15||Buy||1.3874||1.3874||0||RSI was already above 50|
A not-so-good week for GBP/USD as there’s a mix of invalidated signals and winning and losing ones. Unfortunately, losing trades trumped winning ones by a bit and resulted to a 38-pip loss.
|2||Buy||1.6690||1.6690||0||RSI was already above 50|
|3||Sell||1.6664||1.6664||0||RSI was already below 50|
|6||Buy||1.6729||1.6729||0||RSI was already above 50|
|7||Sell||1.6711||1.6711||0||There was no RSI crossover|
|8||Buy||1.6718||1.6718||0||RSI was already above 50|
|13||Sell||1.6719||1.6719||0||RSI was already below 50|
I hope this system sees a better week next week!
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.