Happy Pip

Overall trading conditions improved on August 14. However, intraday price action was more suited to the Fixed TP Variant’s momentum-based design, so the Fixed TP Variant was able to wipe out the previous day’s losses.

Trading conditions deteriorated even further on August 13. And as a result, both Variants started the new trading week by suffering a string of losses. Ouch!

I’m seeing a bit of hesitation on this pair to continue with its climb to the triangle top, so I’m rolling my stop up to protect my profits.

Greetings, fellow Happy Hunters! The trading week is done and a new one will soon begin, which means that it’s time to take stock of how the two Variants of the Happy Hunter Price Action Trading System fared this past week.

Volatility remained somewhat elevated on August 10, which allowed the Fixed TP Variant to extend its gains. Price action was a bit choppy, though, so the Trailing Variant didn’t do as well and is now only up by 7.76% for the month.

Favorable trading conditions on August 9 meant gains for both Variants of the Happy Hunter. However, the Trailing Variant continues to outperform the Fixed TP Variant and is now up by 7.95% for the month.

Trading conditions finally improved on August 8, so both Variants had a good run. However, the Trailing Variant profited more from the volatility boost. A ton more, in fact, since it’s now up by 6.94% for the month.

Why, thank you, RBNZ! I got the confirmation I needed to hop in this long GBP/NZD play after a bit of momentum on the triangle bounce.

Trading conditions were still pretty bad on August 7. It would even be more accurate to say that things got worse. However, both Variants actually managed to climb back into positive territory. How did that happen?

Trading conditions didn’t improve on August 6. Moreover, the open trades from last Friday were both losers. Given all that, both Variants of the (not so) Happy Hunter started the week by taking hits.