Greetings, fellow Happy Hunters! The trading week is finally done, 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
It’s the Christmas season, but the market was not in a giving mood since the both Variants of the (not so) Happy Hunter Trading System had a rather poor run this past week, with the Fixed TP Variant down by 0.67% for the week, while the Trailing Variant was down by a painful 3.18%. Ouch!
The system’s win rate was also only 40.91%, which goes to show how poorly the system fared this past week.
That’s to be expected, I suppose. Lots of traders usually use the Christmas season to take some time off, which results in limited liquidity and volatility, as well as choppy trading conditions.
And this year’s Christmas season was par for the course since trading conditions were rather unfavorable this past week. Just scroll to the charts above (or take a look at your own charts), and you’ll see how ugly price action was this past week.
But despite the losses suffered this past week, both Variants are still headed for a positive month, as you can see below.
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)
- Week In Review At The Happy Hunter’s Lodge (Dec. 17 – 21)