Another day, another update for the Happy Hunter Trading System! So, how did the two Variants fare in the most recent hunt?
Volatility picked up on June 27, so trading conditions were relatively better compared to the June 26. Moreover, there was a quick 136-pip uptrend during the first half of the day and then a choppy 150-pip downtrend during the later half.
Unfortunately, the system didn’t generate any valid trades to take advantage of GBP/NZD’s rally during the first half, so we entirely missed that move.
An IB Pattern did form at the start of the trading day, but it fell under the rules for Entry Type B2, which only has a 1-hour time limit. And sadly, it took two hour to hit the ideal entry, so the pending order was already canceled by then. So, yeah, we completely missed out on the early upswing.
As for the later downtrend, well, the system was able to generate trades in the direction of the trend. However, only the Fixed TP Variant was able to gain from the downtrend since the choppy price action and relatively large hourly candles made it hard for the Trailing Variant to preserve its gains.
Again, the Fixed TP Variant managed to come out ahead and is now up by 4.66% for the month (+4.25 previous). The Trailing Variant, meanwhile, suffered a light scratch and is now only up by 4.87% for the month (+5.02% previous).
Anyhow, you can check out the details by clicking on the relevant jump links below.
- 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’re a first-time reader and have no idea what this is all about, then just know that I’m forward testing a purely mechanical trading system.
And if you find that interesting, then you may wanna click on the links below to read about and understand the rules of the system.
- The Happy Hunter Price Action System 4.0 (Fixed TP Variant)
- The Happy Hunter Price Action System 4.0 (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
The Trailing Variant’s Trade Details
The Month So Far
By the way, if you need to check out the previous weeks’ performance, then go ahead and click on the relevant link below.
- Week In Review At The Happy Hunter’s Lodge (May 28 – June 1)
- Week In Review At The Happy Hunter’s Lodge (June 4-8)
- Week In Review At The Happy Hunter’s Lodge (June 11-15)
- Week In Review At The Happy Hunter’s Lodge (June 18-22)
Okay, that’s all for now. 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!