Good day fellow Koala System users!
I hope the weekend is great for you so far.
In the last review, The Koala System faced a tough challenge due to the spiky nature of the EUR/USD. However, patient users were rewarded with a standard opportunity.
This week brought us similar conditions due to the various developments between US and China and of the Greek deficit crisis. Risk aversion was strong.
If you took on the riskier approach towards the entry signals, this week presented with us 3 risky opportunities ( triangles ). This however is definitely not my preferred way to trade The Koala System and i will like to reiterate again.
For standard users, our patience are rewarded with a standard opportunity on the last day of the week. If you used a trailing stop, one could have harvested 100 pips.
Many users have been asking me WHY WHY WHY? Why is the performance so bad? Why are we waiting so long?
Folks please! I had suffered three margin calls before… why did it happened? It was precisely because i was impatient. I wanted to trade daily, hourly. Something must be trading! I thought i could earn a fortune quick and i was way wrong.
The Koala System is a result of my learning from my sufferings. It is a system to cultivate patience. It suggests when a trend may be present and when the price action may be in is a no trade zone.
Remember! This is for the long run. The market will be there.
Read the latest EUR/USD Weekly Review for a heads up.
Trade safely and i will see you next week.