EUR/USD

The HLHB Trend-Catcher did well on EUR/USD especially when it caught one great move in the middle of the week. Imagine if we’re actually in a trending environment!

EUR/USD 1-hour Chart

# Signal Open Close Pips Notes
1
Sell
1.3343 1.3343
0
RSI did not cross 50
2
Buy
1.3383 1.3350
-33
RSI was already above 50
3
Sell
1.3350 1.3355
-5
New crossover
4
Buy
1.3355 1.3355
0
RSI was already above 50
5
Sell
1.3350 1.3359
-9
New crossover
6
Buy
1.3359 1.3351
-8
New crossover
7
Sell
1.3351 1.3358
-7
New crossover
8
Buy
1.3358 1.3558
200
Profit target hit
9
Sell
1.3525 1.3536
-21
New crossover
10
Buy
1.3536 1.3529
-7
New crossover
11
Sell
1.3529 1.3535
-6
New crossover
12
Buy
1.3535 1.3521
-14
New crossover
13
Sell
1.3521 1.3524
-3
End-of-week trade
TOTAL
87

GBP/USD

Unlike in EUR/USD, the system didn’t catch the big dollar move as the signal was invalidated by the RSI. Oh well, at least it still ended up in the green!

GBP/USD 1-hour Chart

# Signal Open Close Pips Notes
1
Buy
1.5961 1.5961
0
RSI was already above 50
2
Sell
1.5926 1.5921
5
New crossover
3
Buy
1.5921 1.5921
0
RSI was already above 50
4
Sell
1.5894 1.5912
-18
New crossover
5
Buy
1.5912 1.5902
-10
New crossover
6
Sell
1.5902 1.5908
-6
New crossover
7
Buy
1.5908 1.5908
0
RSI was already above 50
8
Sell
1.5912 1.5912
-8
New crossover
9
Buy
1.5912 1.5912
0
RSI was already above 50
10
Sell
1.6073 1.6035
38
New crossover
11
Sell
1.6035 1.6017
18
End-of-week trade
TOTAL
19

Can’t wait to how this system does in a trending environment!

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.