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Greetings, fellow Happy Hunters! The trading week is done and another one will soon begin, so let’s take stock of how the two Variants of the Happy Hunter Price Action Trading System fared this past week, shall we?

And below are the usual topics that we’ll be covering in today’s update:

If you’re a regular reader, then you may wanna use the relevant jump links above to go directly to the actual review. But if you’re a new reader, then I insist that you read up on that part.

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, this is the second month of forward testing the system. So if you’re interested to know how the two Variants fared back in February, then click on the link below.

Must-Read For New Readers

If you’re a first-time reader who stumbled across this write-up for some unknown reason, and you have no idea what this is all about, then just know that I crafted a purely mechanical trading system, pursuant to My 2018 Trading Resolution.

If that piques your interest and if you may wanna know more, then click on the links below to read about the rules of the system.

However, let me just give these statements/disclaimers:

Firstly, I make no claim to the profitability of this system (I’m forward testing it after all), so if you use the system to trade real money without doing your own tests, that’s on you, whether you lose money or get lucky and make money

Secondly, there’s no central exchange for the forex market, so there may be discrepancies in our data feed, and it’s highly probable that I may have a valid signal based on my charts where none exist on yours (and vice versa)

With that out of the way, it’s time to finally discuss how the week went.

Below you’ll find charts of each trading day of the week. And 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 opened or closed. And the details of each trade are contained in the table after the charts. Just scroll down.

The Fixed TP Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Mar. 26)
GBP/NZD: 1-Hour Forex Chart (Mar. 26)
GBP/NZD: 1-Hour Forex Chart (Mar. 27)
GBP/NZD: 1-Hour Forex Chart (Mar. 27)
GBP/NZD: 1-Hour Forex Chart (Mar. 28)
GBP/NZD: 1-Hour Forex Chart (Mar. 28)
GBP/NZD: 1-Hour Forex Chart (Mar. 29)
GBP/NZD: 1-Hour Forex Chart (Mar. 29)
GBP/NZD: 1-Hour Forex Chart (Mar. 30)
GBP/NZD: 1-Hour Forex Chart (Mar. 30)
Trade Details (Click to enlarge)

Note: Trades # 92 and 94 are still open but their respective stop losses have already been moved to RSL. Trade # 95 is also still open but it’s SL has been moved to SW.

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Mar. 26)
GBP/NZD: 1-Hour Forex Chart (Mar. 26)
GBP/NZD: 1-Hour Forex Chart (Mar. 27)
GBP/NZD: 1-Hour Forex Chart (Mar. 27)
GBP/NZD: 1-Hour Forex Chart (Mar. 28)
GBP/NZD: 1-Hour Forex Chart (Mar. 28)
GBP/NZD: 1-Hour Forex Chart (Mar. 29)
GBP/NZD: 1-Hour Forex Chart (Mar. 29)
GBP/NZD: 1-Hour Forex Chart (Mar. 30)
GBP/NZD: 1-Hour Forex Chart (Mar. 30)
Trade Details (Click to enlarge)

Note: Trades # 92 and 94 are still open but their respective stop losses have already been moved to RSL. Trade # 95 is also still open but it’s SL has been moved to SW.

This Week’s Performance

If you took a look at the charts above, you may have noticed that intraday price action was rather choppy during the past week. In fact, March 29 was the only day that was relatively A-okay, although March 27 was also sort of okay, given the clear intraday trends.

And since trading conditions were poor for the most part, both Variants ended up with losses for the week, with the Fixed TP down by 0.95% while the Trailing Variant was down by 0.59%.

Quite interestingly, the Trailing Variant’s losses were a bit smaller compared to the Fixed TP Variant. And this was due to trades # 82, 83, 84, 87, and 90 since they all closed above the Fixed TP.

In other words, the Trailing Variant was able to ride the two-way price action on March 27, as well as the strong downswing on March 29. And these gains were able to slightly improve the Trailing Variant’s reward-to-risk ratio, thereby producing results that are a bit better that what we got with the Fixed TP Variant.

The “Bigger Picture” View

Equity Curve Comparison (Feb. 1 - Mar. 30)
Equity Curve Comparison (Feb. 1 – Mar. 30)

Do note that there are still a few open trades, so these aren’t the final results yet. I’ll have the final results up by Monday, assuming all open trades are closed by then.

Anyhow, that’s all for today!

As always, I enjoy your feedback. So if you have any questions, or if you see a possible error in my work somewhere, or if you just want to say “hi” then don’t be shy and write a comment down below!

Cheers!

Happy