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A new trading week is underway, which means another batch of daily updates. So how did the two Variants fare?

Both Variants actually had a good run on March 19, so they recovered a bit from last week’s losses. Interestingly enough, the Trailing Variant is now outperforming the Fixed TP Variant.

Anyhow, here are the usual topics that we’ll be covering in today’s update.

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.

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.

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

GBP/NZD: 1-Hour Forex Chart (Mar. 19)
GBP/NZD: 1-Hour Forex Chart (Mar. 19)
Trade Details (Click to enlarge)

Note: Trades # 60, 61, and 62 were executed on March 20 and are therefore excluded from the table. They’ll appear in tomorrow’s update.

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Mar. 19)
GBP/NZD: 1-Hour Forex Chart (Mar. 19)
Trade Details (Click to enlarge)

Note: Trades # 60, 61, and 62 were executed on March 20 and are therefore excluded from the table. They’ll appear in tomorrow’s update.

The Month So Far

Equity Curve Comparison (Mar. 1-19)
Equity Curve Comparison (Mar. 1-19)

Both Variants closed out the open trades from last Friday with net profits and then added three consecutive wins on March 19.

And as a result, both Variants were able to recover a bit after getting hammered last week.

The Fixed TP Variant now has 3.11% in gains for the month (+1.80 last Friday) while the Trailing Variant is up by 3.35% for the month (-0.55% last Friday).

It’s worth pointing out that not only did the Trailing Variant bounce back from being a net loser, it also is now outperforming the Fixed TP Variant.

This was due to the fact that trades # 55, 57, and 58 were able to ride the strong upswing on March 19, as well as the updated trailing rules, which allowed the Trailing Variant to capture a large chunk of the move.

Another thing worth pointing out is that we found yet another example of a trade that would have been profitable if it wasn’t filtered out by the 2-hour time limit on existing orders.

GBP/NZD: 1-Hour Forex Chart (Mar. 19)
GBP/NZD: 1-Hour Forex Chart (Mar. 19)

And if you can still recall, we encountered the same scenario back on March 13 and March 15.

It’s therefore becoming even more apparent that I really need to address this with a tweak to the rules.

Anyhow, that’s all for today.

And as I’ve been noting for a while now, 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.

Sanchum’s Happy Hunter EA (Work-In-Progress)

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!

Cheers!

Happy