Thank you soooo much Alberto! 
Thankfully, we’re okay now. But, since it’s the rainy season over here, I’m pretty sure that this is gonna happen every now and then. 
We really need to step up our drainage facilities. 
Hello!
Yes, I was wrong 
@anon46773462, What are those SW ratings? How can I use them?
I think a lesson learn here is use other indicators to support the HLHB in order to reduce the risk of fake outs
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6 hours after this post and my charts are still also showing no clear direction. The same goes for my indicators. 
Am I missing something? 
So, I guess I’m not opening any position today guys.
HAHA! Don’t worry @anon46773462! 
If anything, I think these kinds of posts are helpful for the other guys here who have tweaked the system to fit their styles!
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Green pips is green pips - its only a question of how many!
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They are on Dennis’ thread here:
https://forums.babypips.com/t/trading-the-trend-with-strong-weak-analysis/77959
This is well worth following. But note that it is NOT a trading system as such. Its concept is to identify the strongest versus the weakest performing currencies with the assumption that trading this pair (which changes as time goes by) offers the best trending likelihood. This means that traders should apply their own trading methods and entry/exit criteria to whichever currency pairs are identified by this approach. Dennis updates the table based on each day’s closing prices.
Although its main principle is only to identify the pairs worth trading, Dennis does willingly offer his views and advice on trading these pairs. It is worth keeping an eye on. In fact there is no reason why the HLHB couldn’t be applied to whatever currency pairs it suggests. The only caveat is that HLHB is aimed at the hourly TF whereas the SW approach can be looking to stay in pairs for even weeks. But what if the HLHB would only be applied when in the direction of the SW recommendations? Well, that, I think is what happened today with the USDJPY?..
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…and now, a few hours later, you would be right! 
That’s how it goes in these fickle, somewhat directionless markets. UJ has been particularly listless this week - and now suddenly we are back at last friday’s closing area! No trend, just pip-grabbing - again!
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Hahaha! Yes! That’s true.
Although, I seem to have missed some big moves last night while I was sleeping. 
I have no positions open at the moment. 
I’m still closely waiting for my indicators to hit the criteria. 
How are you guys? Are there any moves detected by your other systems?
For EU, 2 of my indicators are not matching the criteria so I guess I’ll have to wait some more. 
I still think that the system’s been pretty successful so far. I’ve gained more pips than I lost so that’s always great news for me! 
I’m just gonna stick with the 100 TP and 20 TS (the original) because I don’t really wanna risk so much once I go live.
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Hello,
I opened a new position in USDJPY currently the indicators looks strong to go short, but in the last hours I missed an opportunity of more than 100 pips that the HLHB system would catch easily, I hope I didn’t arrive late to the bearish trend. 
I can confirm with the ADX a strong trend since the indicator is higher than 25.
Hello @anon46773462, I have a question I hope you can help me, previously you mentioned something about a 200 EMA, How do you use 200 EMA in your trades?
The 1H chart shows that bearish trend of the last days in USDJPY, but there are 2 specific hours with more than 50 pips change, maybe I should start to use the economic calendar to understand better the fundamental behind these impacts
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Hello @ria_rose,
I think currently the pair USDJPY is trending and is a good momento to use the HLHB system, since in other pairs it looks like the market is ranging.
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Yes you are right I’m seeing that I lost a good opportunity to grab some PIPS
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It is the 200 SMA not the EMA that I use. (maybe I made a typo before? Can’t find it now!)
There is no magic behind the choice of this MA. I only keep an eye on it because it is widely used in forex markets as a S/R level/zone. This means there is reason to be cautious in entering a position that is close to, and towards, this line as it may reject and reverse there -. better in those circumstances to just wait and watch what happens.
The nice thing about a system like HLHB is that it keeps a clear chart and therefore it is easy to add various PA stuff like S/R lines and trendlines etc without the overall chart becoming too cluttered.
Hope you all had a great day, there were many pips to be had 
and I wish you all a happy weekend!
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Congrats @ria_rose for starting your own thread and testing HLHB system. I am really glad that most of the senior members are also actively participating in your (Newbie) thread.
Here are few of your posts few times back from which you would observed that how much confidence you have acquired in yourself as well as in your trading and have also improved better understanding of the charts.
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Thanks @anon46773462 I was busy in testing and improving my SW Currency Analysis method as well as to my Ichimoku system with various settings.
At last, I have almost finalized both of them after testing and so many trial/errors since last few months.
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That’s good to hear. It certainly takes a methodical and persistent approach. Great that you are progressing with it!
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I’ve been doing some kind of recap over the last week (but only for EU) just to summarise how it would have turned out if traded according to 5/10 crossovers and RSI. (I don’t really like the ADX indicator, I’ve never used it and I don’t find much benefit from it here, either - so I’ve ignored its input here).
There are two reasons for doing this:
-
Last week was quite a narrow range and it is interesting to see how this trend-based method survived in a trendless week.
-
My own recognition of signals seems to differ sometimes from the system owner and I would really like to try and find out why!!
I will compare my own signals for last week with those from HLHB when they are published on her blog (especially trades 3 and 4 are questionable).
I had a total of 5 signals, the first of which was opened the prior week on Fri 13.7. and was closed last Tuesday and the 5th trade was opened on Fri 20.7. and is still open.
Even though the week was trendless the end result was positive with +33 pips from closed positions and +65 on the open position number 5. But the table also shows how inefficient this kind of crossover method is when the moves are fairly small - the end two columns show the max number of pips each move achieved, which can be compared with the actual pips that the crossovers achieved.
No great surprises here.
This is a theoretical analysis only and ignores spreads, slippage, commissions, etc. Since we all seem to be trading this method with different variations, I just thought it might be useful to analyse it this way i.e. close to the original (with the exception of the ADX)
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Bubo scandiacus ? - it suits 
Thanks for that analysis @anon46773462 - In honesty I’m surprised it came out that well - that 65 pip ongoing bet is going to cash at least 30 pips on it’s own I would guesstimate.
As you say - somewhat wasteful of pips, but bearing in mind most cannot manage to trade a week positive at all, It give a great start for newbies, especially when as you say it is a trending system used in a consolidation zone !
From your chart, even to get the results you got, we cannot afford to miss the entry by even one bar and there are cases (pn bar - middle area of trade (1) ) where an early exit would have cost a significant number of pips which the bet recovered and went in to make a profit. The inference I take from this is that a LOT of time needs to be spent at the screen, so as not to miss a bet, or it needs to be a programmed trading system !
Seems to me as well, that it would be most unlikely to go more than 30 - 40 pips into loss without an opposing crossover, save on “News” (which is often temporarty move in any case) or a “Black Swan event” - did / would you use a catastrophy Stop loss in there at say 100 pips ?
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