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The Koala System Forex Weekly Review 11 Jan 10 – 15 Jan 10

Good day.

The Koala System had a tough first half of the week.

The price action was spiky and unpredictable.

Folks do note that if the price is touching the blue Koala despite being in a trend, this indicates spiky conditions and hence it may not be desirable to trade.

The first opportunity came to us as a bullish run. The Koala System rewards patient users and a full 50 pips was available for harvest.

Further opportunities came as bearish runs that were the preludes of the sharp dip at the end of the week which probably took out many margin accounts speculating on the wrong side. I like The Koala System for this fact that it not only helps us to trade better, it serves to warn us of potential danger too.

The 200EMA served us well this week as the price reacted to it in many instances. Continue to use it as a caution of resistance or support.

Folks, remember that The Koala System needs patience. If you are averaging more than 5 trades per week, you may be over trading. Remember, having proper money management is a requirement of the system.

For more insights on the upcoming week, read up the latest EUR/USD Weekly Review.

Trade safe.

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  • The Koala System Forex Weekly Review 11 Jan 10 – 15 Jan 10
  • The Koala System Forex Weekly Review 11 Jan 10 – 15 Jan 10
  • The Koala System Forex Weekly Review 11 Jan 10 – 15 Jan 10
  • The Koala System Forex Weekly Review 11 Jan 10 – 15 Jan 10
  • The Koala System Forex Weekly Review 11 Jan 10 – 15 Jan 10
  • The Koala System Forex Weekly Review 11 Jan 10 – 15 Jan 10
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