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 Happy Hunter Trading System turned in a mixed performance this past week since the Trailing Variant had another good run and captured 2.60% in gains for the week, while the Fixed TP Variant only eked out a measly 0.05% gain.
Oh well. The Fixed TP Variant didn’t close out the week in the red at least.
Both Variants actually had a rough time this past week, thanks to the choppy, sideways-moving intraday price action. And you can see this performance in the system’s win rate of only 47.22%.
Fortunately for the Fixed TP Variant, the majority of losing trades were closed at RSL, while most of the winning trades were able to hit TP, so the Fixed TP Variant barely came out ahead despite the low win rate.
As for the Trailing Variant, it closed out the week in positive territory thanks to the strong 440-pip uptrend that started during the later half of Dec. 19 and then lasted until the first half of Dec. 20.
Thanks to that uptrend, trade # 71 yielded 2.44% in gains while trade # 72 harvested 2.56% in profits, giving the Trailing Variant a large enough buffer to ride out the rough week.
By the way, both Variants are currently printing pretty good numbers for the month so far.
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 want to review how the system performed in November, 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 weeks, then go ahead and click on the links below.
- Week In Review At The Happy Hunter’s Lodge (Dec. 3 – 7)
- Week In Review At The Happy Hunter’s Lodge (Dec. 10 – 14)