Greetings, fellow Happy Hunters! A new trading week will soon begin, so it’s time to take stock of how the two Variants of the Happy Hunter Price Action Trading System fared this past week.
And below are the usual topics that we’ll be covering in today’s update:
- Must-Read For New Readers (click to jump to this part)
- The Fixed TP Variant’s Trade Details (click to jump to this part)
- The Trailing Variant’s Trade Details (click to jump this part)
- This Week’s Performance (click to jump to this part)
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 how the system fared during the previous weeks, you can do that by 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)
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 up on 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)
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
The Trailing Variant’s Trade Details
This Week’s Performance
Both Variants of the Happy Hunter had another good run this past week. This time, however, it was the Fixed TP Variant that outperformed by bringing in 4.28% in gains for the week. In contrast, the Trailing Variant was only able to harvest a 2.10% in gains this past week, which is still a very respectable amount.
Both Variants actually had a rough start, thanks to the choppy price action and limited volatility on June 11.
Fortunately, trading conditions improved on June 12 when GBP/NZD had four short (yet distinct) intraday trends on that day, which formed a “W” pattern and gave the Fixed TP Variant plenty of opportunities to profit.
The Fixed TP Variant also profited a lot on June 14 since more winning trades were generated compared to losing trades and there was enough volatility to hit TP on most of the winning trades.
The Trailing Variant, meanwhile, didn’t fare as well since GBP/NZD was actually trading roughly sideways this past week and intraday trends were rather short-lived.
However, the Trailing Variant got really lucky on June 13 (despite the unlucky number 13) since there were two 172-pip intraday trends on that day and the Trailing Variant was able to ride those two trends, which yielded plenty of pips.
Overall, the month of June has been a real boon for both Variants of the Happy Hunter, which is a nice rebound after the terrible time we had back in May.
And for now, the Fixed TP Variant is already up 5.71% for the month after hitting a new high water mark of +6.21% this past week. The Trailing Variant, meanwhile, is up by 8.09% for the month, so it’s making its way steadily back up towards the high water of +8.65%, which was hit way back on June 5.
Anyhow, that’s all I’ve got for today! And 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!