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Greetings, fellow Happy Hunters! The trading week is done and a new one will soon begin, which means that 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:

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 week’s performance, then go ahead and 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 up on 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 (July 16)
GBP/NZD: 1-Hour Forex Chart (July 16)
GBP/NZD: 1-Hour Forex Chart (July 17)
GBP/NZD: 1-Hour Forex Chart (July 17)
GBP/NZD: 1-Hour Forex Chart (July 18)
GBP/NZD: 1-Hour Forex Chart (July 18)
GBP/NZD: 1-Hour Forex Chart (July 19)
GBP/NZD: 1-Hour Forex Chart (July 19)
GBP/NZD: 1-Hour Forex Chart (July 20)
GBP/NZD: 1-Hour Forex Chart (July 20)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (July 16)
GBP/NZD: 1-Hour Forex Chart (July 16)
GBP/NZD: 1-Hour Forex Chart (July 17)
GBP/NZD: 1-Hour Forex Chart (July 17)
GBP/NZD: 1-Hour Forex Chart (July 18)
GBP/NZD: 1-Hour Forex Chart (July 18)
GBP/NZD: 1-Hour Forex Chart (July 19)
GBP/NZD: 1-Hour Forex Chart (July 19)
GBP/NZD: 1-Hour Forex Chart (July 20)
GBP/NZD: 1-Hour Forex Chart (July 20)
Trade Details (Click to enlarge)

This Week’s Performance

The two Variants had a mixed performance this past week since the Fixed TP Variant suffered 1.34% in losses for the week, while the Trailing Variant was able to add 0.95% to its gains.

The Fixed TP Variant is down for the week, thanks to the choppy, sideways price action, and limited volatility on July 16 since that one day forced the Fixed TP Variant to surrender over 2% in profits.

GBP/NZD: 1-Hour Forex Chart (July 16)
GBP/NZD: 1-Hour Forex Chart (July 16)

Trading conditions on July 16 were basically the same as the trading conditions on June 26 and 28 when the system suffered 5% in losses, as well as the four-day losing streak back in May.

In fact, the Trailing Variant also suffered over 2% in losses that day. However, the Trailing Variant was able to close out the week in positive territory, thanks to the volatility explosion on July 17 and 18.

Trading conditions on those dates were so favorable for the Trailing Variant that it reached a new high water mark of +6.20% for the month.

Sadly, trading conditions deteriorated on July 19 and then deteriorated some more on July 20, so the Trailing Variant eased off the high water mark and is now only up by 4.50% for the month (so far).

As for the Fixed TP Variant, the loss this week carved out a large chunk of its gains, but the Fixed TP Variant is still up by 2.38% for the month.

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!

Cheers!

Happy