Winner winner, I’m having plant-basically basically based “steak” for dinner!
Thanks to adjusted cease losses being hit, the HLHB closed FOUR a success trades this week.
Verify out the numbers!
Sooner than we derive to the crucial parts, be taught all about my HLHB Vogue Catcher System if here’s your first time listening to about it!
Most steadily, I’m catching traits at any time when the 5 EMA crosses above or below the 10 EMA.
A alternate is easiest legitimate if RSI crosses above or below the 50.00 mark when the attach pops up. And in this version, I’m at the side of ADX>25 to weed out the fakeouts.
As for stops, I’ll proceed to make exercise of a 150-pip trailing cease and a earnings target of 400 pips. This would possibly perchance presumably change at some point soon, nonetheless I’ll keep on with this one for now.
Oh, and as mentioned sooner than, I’m switching support to applying the HLHB machine to the 1-hour time physique. The exercise of 4-hour in Q1 2017 and Q2 2017 wasn’t depraved, nonetheless I specialise in the utilization of this fashion-catcher on the 1-hour would possibly perchance well yield better outcomes.
EUR/USD
Whereas EUR/USD saw an uptrend early in the week, the momentum changed into solid ample that there changed into no RSI defective at some stage in the length.
The HLHB easiest caught a sound attach when the euro dropped sharply ample while the ADX changed into mild above the 23 degree.
By the tip of the week, the HLHB had closed final week’s open location with a 45-pip obtain while the open alternate can easiest lose a max of 65 pips. No longer depraved, I specialise in.
GBP/USD
Cherish in EUR/USD, GBP/USD additionally saw solid strikes for a range of of the week nonetheless didn’t obtain legitimate indicators until arrive the weekend.
The HLHB needed to shut an open alternate with a 72-pip obtain while the finest legitimate attach is mild open with a max cease loss of 41 pips.
USD/JPY
USD/JPY started the week with a solid downswing, which worked successfully for an open short alternate from the old week.
There were two fresh indicators for the HLHB this time with idea to be one of them closing with a 12-pip accomplish.
Total, the HLHB obtained a cold 254 pips with USD/JPY’s 125-pip alternate doing the heavy lifting.
I hope to gaze extra of these solid directional strikes in the following couple of days!
Here’s a abstract of final week’s trades:
- Q2 2020 HLHB Vogue-Catcher System Outcomes
- Q1 2020 HLHB Vogue-Catcher System Outcomes
- 2019 HLHB Vogue-Catcher System Outcomes
- Reviewing my 2019 Forex Trades
The post HLHB Vogue-Catcher System Update (August 17 – 21) appeared first on FOREX IN WORLD.
