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The Koala System Review – Week of 31 Aug 09

Hi all, i mentioned before that Koala is never meant for a tight ranging market.

These days, we often get such conditions.

My experiments with the M15 has yielded better results.

Therefore folks who prefers more trades than waiting week long for a trade or two, may drop to M15.

Find below a M15 chart for the week.

I have circled possible good entries and boxed the areas where although a winning trade, it is simply too risky due to the speed of the movement.

Do take note that with a shorter timeframe, you need to cater for false signals and smaller sized take profit targets.

For example 20 pips. Trade safe and do leave your comments and feedbacks over at the thread in forex factory.

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