The final trading day of the week is done and over with. So, how did the two Variants fare during the last hunt of the week?
There was a rather strong downtrend on September 21, thanks to a media blitz about Theresa May’s perceived failure at Salzburg.
Unfortunately, no new trades in the direction of the trend were generated until the first half of the downtrend was already over.
Sure, there were IB patterns before the downtrend started, and there were even pending orders. However, they were canceled because of the time limit dictated by the rules of the system.
Anyhow, the system’s failure to generate new trades before the trend started, as well as the Fixed TP Variant’s inherently poor reward-to-risk ratio, meant that the Fixed TP Variant was forced to shave off some of its gains and is now only up by 2.08% for the month (+2.14% previous).
The Trailing Variant, meanwhile, was able to profit handsomely from the surge in volatility since the new winning trade (trade # 82) was more than enough to offset the full loss from trade # 81.
Moreover, the two open trades from September 20 (trades # 78 and 80) were also able to ride the downtrend, so the Trailing Variant is now up by 5.40% for the month (+2.36% 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 want to know how the system fared in August, then you can do that by clicking on the link below.
And 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 (Sept. 3-7)
- Week In Review At The Happy Hunter’s Lodge (Sept. 10-14)
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!