Aiming at the fault traveling wave on the LCC-MMC HVDC transmission line, this paper analyzed its reflection and refraction characteristics at the DC buses and the fault point, plotted its propagation grid diagrams, obtained the relationship between the polarity of fault traveling wave and the boundary elements, and drew the conclusion that when the impedance of DC filter is far less than the wave impedance of transmission line, the existing fault location methods that need to distinguish these two waves according to their polarities are not applicable to the LCC-MMC HVDC system. On these bases, this paper proposed a modal traveling wave arrival time difference-based location principle for pole-to-ground fault, and a fault traveling wave propagation path ratio-based location principle for pole-to-pole fault, these principles neither need to identify the wave polarity, nor need the wave velocity value. In order to better extract the wave heads and their arrival time, this paper pre-treated the sampling data to make sure all the wave heads are extracted from the same frequency band, then the wave heads and their arrival time can be extracted with the empirical mode decomposition. The simulation results verified the effectiveness of the proposed fault location principle.