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.
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
The (not so) Happy Hunter Trading System had a terrible time this past week since the Fixed TP Variant suffered 3.71% in losses while the Trailing Variant suffered a much more painful 4.41% loss for the week. Boo hoo!
Also note that the win rate this past week was only 38.89%, which goes to show just how poorly the system fared this past week.
And the system’s terrible performance this past week is due to the triple whammy from the limited volatility, choppy and sideways intraday price action, as well as the relatively large hourly candles.
Basically, trading conditions this past week were the complete opposite of the ideal trading conditions.
And naturally, the Trailing Variant suffered much more since all of its winning trades were closed below TP and some were even closed at SW.
It’s also worth noting that all seven trading days in November were terrible for the (not so) Happy Hunter Trading System.
In fact, both Variants are now deep in the red for the month (so far). Boo hoo!
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!
By the way, if you want to review how the system performed in October, then you can do that by clicking on the link below.
And if you need to check out how the system fared in the previous week, then go ahead and click on the link below.