Hi all!

How was your week?

Koala had a good week and is happy 🙂

Looking at the M15 chart for the week, the move from 1.46+ to almost 1.5 was spectacular and i feel that it is an anti-climax that we did not hit 1.5!

I have circled 4 possible entry positions identified by the Koala System.

For the first position, if you had a more relaxed stop loss placing, there was potential to ride this up to almost 1.5.

However, there is always two sides of the story. If you have a more relaxed stop loss, you risk having bigger losing positions.

I like the fact that the 200EMA provided a prediction of a support / resistance at times ( boxed ) and i will definitely consider what it is showing while using the Koala System.

As we remain near 1.5 next week, be on a look out for choppy situations. Remember, the Koala does not like choppy situations.

Trade safe!

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