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New month, new week, and new trading day, which means a new batch of daily updates. So how did the two Variants fare in the first trading day of the month?

Well, it was mixed since the Fixed TP Variant was net profitable on April 2 while the Trailing Variant was down ever so slightly.

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

By the way, I’m currently in the third month of forward tests. And if you’re interested to know how the two Variants fared in the past two month, then you can check out the links 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 (Apr. 2)
GBP/NZD: 1-Hour Forex Chart (Apr. 2)
Trade Details (Click to enlarge)

Note: Trades # 4, 5, and 6 were executed on April 3 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 (Apr. 2)
GBP/NZD: 1-Hour Forex Chart (Apr. 2)
Trade Details (Click to enlarge)

Note: Trades # 4, 5, and 6 were executed on April 3 and are therefore excluded from the table. They’ll appear in tomorrow’s update.

The Month So Far

Equity Curve Comparison (Apr. 2)
Equity Curve Comparison (Apr. 2)

It’s the first trading day of the month, so there isn’t really much to write about.

The only thing worth pointing out is that the Fixed TP Variant started the trading day on a slightly strong footing with a 0.34% gain. The Trailing Variant, meanwhile, failed to impress since it was slightly down by 0.09%.

I’m not worried for the Trailing Variant, though. For one, it’s only the first day of the month. Another is that if you took a look at the chart above, it’s quite obvious that trades # 5 and 6 were winners. Moreover, there was a strong intraday trend that the Trailing Variant could have exploited.

As for the details, more on that in tomorrow’s update!

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