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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

The RSI did a better job at filtering bad trades this time around! It invalidated signal #6 though, but thanks to signals #7 and #8 the system ended the week on a positive note!

TOTAL

# Signal Open Close Pips Notes
1 Sell 1.3874 1.3874 0 RSI was already below 50
2 Buy 1.3867 1.3867 0 RSI was already above 50
3 Sell 1.3859 1.3859 0 RSI was already below 50
4 Buy 1.3861 1.3854 -7 New crossover
5 Sell 1.3854 1.3862 -8 New crossover
6 Buy 1.3862 1.3862 0 RSI was already above 50
7 Sell 1.3972 1.3887 40 New crossover
8 Buy 1.3887 1.3907 20 End-of-week trade
TOTAL 45

GBP/USD

GBP/USD HLHB System Forex Chart
GBP/USD HLHB System Forex Chart

The RSI also did a great job at filtering out the fakeouts early in the week. Although a couple of negative trades still popped up, they were offset by the positive trades taken near the end of the week. Woot!

# Signal Open Close Pips Notes
1 Buy 1.6735 1.6735 0 RSI was already above 50
2 Sell 1.6704 1.6704 0 RSI was already below 50
3 Buy 1.6629 1.6608 0 RSI was already below 50
4 Sell 1.6608 1.6608 0 RSI was already below 50
5 Buy 1.6623 1.6609 -14 New crossover
6 Sell 1.6609 1.6624 -15 New crossover
7 Buy 1.6624 1.6650 26 New crossover
8 Sell 1.6650 1.6630 20 New crossover
9 Buy 1.6630 1.6636 6 End-of-week trade
TOTAL 2

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.