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:
- 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 Variants fared during the previous weeks, then go ahead and click on the links below.
- Week In Review At The Happy Hunter’s Lodge (July 30 – August 3)
- Week In Review At The Happy Hunter’s Lodge (August 6 – 10)
- Week In Review At The Happy Hunter’s Lodge (August 13 – 17)
- Week In Review At The Happy Hunter’s Lodge (August 20 – 24)
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
After a disappointing performance last week, both Variants of the (very) Happy Hunter Trading System delivered a rather impressive performance this past week.
The Trailing Variant, in particular, was able to harvest a very impressive 10.52% worth of gains. The Fixed TP Variant, meanwhile, gained 3.08% this past week, which isn’t as impressive compared to the Trailing Variant’s performance, but still a very solid return nonetheless.
Except for the terrible trading conditions on Friday (August 31), trading conditions this past week were generally good, with clear and unidirectional intraday trends that also allowed the Trailing Variant to profit.
However, what really allowed the Trailing Variant to reap such a bountiful harvest was the very strong uptrend that started on Wednesday (August 29) and lasted until the first half of Thursday (August 30).
If we combine the 280-pip uptrend on Wednesday and the 218-pip uptrend during the first half of Thursday, then we get 498-pip uptrend. And the Trailing Variant was able to open a bunch of trades in the direction of that two-day uptrend, with two of ’em (trades # 108 and 109) riding almost the entirety of that uptrend.
In contrast, the Fixed TP Variant has, well, a Fixed TP, so it wasn’t able to profit as much from the strong uptrend, which is why the Trailing Variant greatly outperformed the Fixed TP Variant.
Anyhow, the impressive run this week means that both Variants are headed for a strong finish.
There’s still actually one open trade, though, so those numbers aren’t the final stats for the month of August. But even if that open trade is closed out at a full loss, both Variants are still pretty much guaranteed to close out the month with decent gains.
Okay, 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!