The Koala System had a pretty good week.
After the low volume period of Monday’s US holiday, Koala correctly identified an up trend where an easy 200 pips would be yours to grab.
If you noticed, i am currently using M15 as part of my experiment to lower the time frame.
I have many folks commenting that M30 is rather lagged and action may be missed.
As i mentioned, a lower time frame does give quicker reaction time. However it also produces more false signals.
We all know the The Koala System is meant to help us trade and i like the fact that it warns us to stay out when conditions are not good too.
The first box is typical of low volume days.
The second and third boxes where the Koala is wildly swinging up and swinging down warns us of high volatility and spikes.
You may contribute comments and feedback over at The Koala System thread in Forex Factory.
http://www.forexfactory.com/showthread.php?t=168995
Trade safe as always!
