Another day, another update for the Happy Hunter Trading System! So, how did the most recent hunt go?
Pretty bad, to be honest. Trading conditions on March 14 were really terrible, so both Variants took additional hits and were forced to give back more of their gains.
Anyhow, here’s what we’ll be covering in today’s update.
- The Fixed TP Variant’s Trade Details (click to jump to this part)
- The Trailing Variant’s Trade Details (click to jump to this part)
- The Month So Far (click to jump to this part)
By the way, if you need to check out the previous weeks’ performance under the updated rules, then go ahead and click on the links below.
- Week In Review At The Happy Hunter’s Lodge (Feb. 26 – Mar. 2)
- Week In Review At The Happy Hunter’s Lodge (Mar. 5-9)
Also, I’ve rewritten and republished the monthly evaluation to reflect the updated rules. So if you’re interested to know how the two Variants fared under the new rules, then click on the link below.
And if you’re a first-time reader and have no idea what this is all about, then you may wanna click on the links below to read about and understand the rules of the system.
- Updated: The Happy Hunter Price Action System (Fixed TP Variant)
- Updated: The Happy Hunter Price Action System (Trailing Variant)
Also, if you’re wondering what the numbers on the charts are about, they refer to the trade #, based on the chronological order when the signal was generated, not necessarily when the trade was executed.
Oh, also note that you can find the details of each trade in the tables below the chart. If the table is too small to read, just remember that you can click on it to enlarge it.
The Fixed TP Variant’s Trade Details
Note: Trades # 46, 47, and 48 were executed on March 15 and are therefore excluded from the table. They’ll appear in tomorrow’s update.
The Trailing Variant’s Trade Details
Note: Trades # 46, 47, and 48 were executed on March 14 and are therefore excluded from the table. They’ll appear in tomorrow’s update.
The Month So Far
The day’s range on March 14 was a pitiful 69 pips, so trading conditions were really tight. And to give y’all some context, GBP/NZD’s average daily range is around 225 pips, based on historical data from 2007-2017.
And to make matters worse, intraday price action was choppy and GBP/NZD was practically trading sideways.
In other words, trading conditions on March 14 were really terrible. And that’s why the Fixed TP Variant was forced to return even more gains, so the Fixed TP Variant is now only up by 3.92% for the month (+4.97% yesterday).
The Fixed TP Variant was able to capture a full win at least (trade # 44), which eased some of the pain. However, a trend didn’t form. Worse, the pair pulled back, forcing the Trailing Variant to punch out at SW.
And since the Trailing Variant just couldn’t get a break, it’s total returns for the month dwindled to just 1.35% (+2.73% yesterday). Whoop-de-doo! It’s almost February all over again.
Anyhow, that’s all for today.
By the way, reader sanchum has decided to create an EA based on the rules. It’s still a work-in-progress and a lot of things need to be worked out, so DON’T TRADE IT LIVE. But if you’re interested in testing the EA and speeding it’s progress, you can download it below and then message sanchum directly or post in the comments section below to discuss how to improve it. I’m sure sanchum and everybody else who’s interested in the Happy Hunter Trading system will appreciate it.
Tune in again tomorrow! And as always, I enjoy your feedback, so if you have any questions, or if you found a possible error somewhere, or if you just want to say “hi”, then don’t be shy and write a comment down below!