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

They fared rather terribly, just to be frank about it. Last week’s choppy, sideways price persisted on March 26, so the hits just kept on coming. Ouch! Ouch!

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. 26)
GBP/NZD: 1-Hour Forex Chart (Mar. 26)
Trade Details (Click to enlarge)

Note: Trades # 81, 82, and 83 were executed on March 27 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. 26)
GBP/NZD: 1-Hour Forex Chart (Mar. 26)
Trade Details (Click to enlarge)

Note: Trades # 81, 82, and 83 were executed on March 27 and are therefore excluded from the table. They’ll appear in tomorrow’s update.

The Month So Far

Equity Curve Comparison (Mar. 1-26)
Equity Curve Comparison (Mar. 1-26)

There was a decent enough downswing during the first half of March 26. Unfortunately, there were no signals to short, so both Variants missed out on that.

Worse, signals were generated and orders were triggered during the remainder of the day when price action was choppy and generally moved sideways.

And if you took a look at the table of trades, you may have noticed that they were ALL losers. Argh!

Obviously, those losses did some real damage to both Variants of the (Not-So) Happy Hunter Trading System.

The Fixed TP Variant, for instance, is barely holding on with a 0.85% gain for the month (+2.32% last Friday). That’s for the entire month of March, mind you.

The Trailing Variant has it worse since it’s now back in negative territory with a 0.73% loss for the month (1.12% last Friday).

The month ain’t over yet, though, so there’s still a chance for both Variants to recover. Of course, that could also mean that there’s still a chance that both Variants will suffer further.

Anyhow, that’s all  I’ve got for today.

By the way, 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)

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