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The Koala System Weekly Review 28 Dec 09 – 31 Dec 09

Hi all,

welcome to another weekly review of The Koala System.

The Koala System is basically an easy system for forex traders of all experience! It’s main aim of it is to help prevent one from trading against the trend or from trading under adverse conditions.

This week, The Koala System correctly identified what i was warning about in my EUR/USD Daily Reviews and EUR/USD Weekly Reviews.

The holiday season did bring about magnified reactions to economic releases and unexpected spikes. These regions are boxed in red above and one shouldn’t be trading then. Classic indicators like the 3 koalas attempting to flip multiple times and the price action touching the blue koala were rampant.

There was one opportunity identified by the system. However it was unlikely that one could harvest the full 50 pips as the 200EMA was right below. The 200EMA provided us a warning of a potential support and it was correct. While the 200EMA belongs to Koala Labs ( Place for experimental ideas ) now, it seems quite ready for graduation!

In view of instances whereby The Koala System did produce an accurate signal but is unable to run the full course of 50pips, i once again will like to gently remind that it is always good to move your Stop Loss to protect profits.

It is always better to gain less than to lose all.

Trade safe and you may want to read the latest EUR/USD Weekly Review for a heads up.

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