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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.

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 (Sept. 24)
GBP/NZD: 1-Hour Forex Chart (Sept. 24)
GBP/NZD: 1-Hour Forex Chart (Sept. 25)
GBP/NZD: 1-Hour Forex Chart (Sept. 25)
GBP/NZD: 1-Hour Forex Chart (Sept. 26)
GBP/NZD: 1-Hour Forex Chart (Sept. 26)
GBP/NZD: 1-Hour Forex Chart (Sept. 27)
GBP/NZD: 1-Hour Forex Chart (Sept. 27)
GBP/NZD: 1-Hour Forex Chart (Sept. 28)
GBP/NZD: 1-Hour Forex Chart (Sept. 28)
Trade Details (Click to enlarge)

The Trailing Variant’s Trade Details

GBP/NZD: 1-Hour Forex Chart (Sept. 24)
GBP/NZD: 1-Hour Forex Chart (Sept. 24)
GBP/NZD: 1-Hour Forex Chart (Sept. 25)
GBP/NZD: 1-Hour Forex Chart (Sept. 25)
GBP/NZD: 1-Hour Forex Chart (Sept. 26)
GBP/NZD: 1-Hour Forex Chart (Sept. 26)
GBP/NZD: 1-Hour Forex Chart (Sept. 27)
GBP/NZD: 1-Hour Forex Chart (Sept. 27)
GBP/NZD: 1-Hour Forex Chart (Sept. 28)
GBP/NZD: 1-Hour Forex Chart (Sept. 28)
Trade Details (Click to enlarge)

This Week’s Performance

Both Variants had another good run this week, with the Fixed TP Variant up by 0.37% for the week and the Trailing Variant up by 1.44%.

Those aren’t as impressive as last week’s numbers, but positive is always good in my book.

Anyhow, trading conditions weren’t too good this past week. Thursday (September 27) was especially bad since both Variants suffered 1.25% in losses on that one particular day, thanks to the choppy, sideways price action and limited volatility.

And what’s even more vexing (for the Fixed TP Variant) is that the one winning trade that day (trade # 100) was just 4 measly pips away from hitting TP, but was ultimately closed out at SW because of the limited volatility.

GBP/NZD: 1-Hour Forex Chart (Sept. 27)
GBP/NZD: 1-Hour Forex Chart (Sept. 27)

As to why the Trailing Variant significantly outperformed the Fixed TP Variant, that’s because of the steady uptrend on Monday. And remember, there were open trades last week (trades # 83 and 84), and they were able to ride a large chunk of that uptrend together with trade # 85.

GBP/NZD: 1-Hour Forex Chart (Sept. 24)
GBP/NZD: 1-Hour Forex Chart (Sept. 24)

In fact, those three trades were yielded an impressive 2.19% gain, which steadily got eroded as the week progressed, thanks to the choppy price action from Tuesday until Thursday.

Anyhow, both Variants are currently in the green for the month of September, with the Fixed TP Variant up by 2.45% and the Trailing Variant up by 6.84%.

Those aren’t the final numbers, though, since there are still three open trades.

But in the event that all three trades are closed out with full losses, both Variants will still close out the month in positive territory. I guess we’ll know come Monday if both Variants will rake in more gains or close out the month with less gains than you currently see on that table.

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!

By the way, if you need to check out the previous weeks’ performance, then go ahead and click on the relevant link below.

Cheers!

Happy