The Koala System (No brainer) | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

No Brainer Trades 14,464 replies

No Brainer Stg 3 replies

EUR/GBP SHORT for No Brainer 67 replies

Selling USD and YEN is a no brainer. 12 replies

Attachments: The Koala System (No brainer)
Exit Attachments

The Koala System (No brainer)

  • #101
  • Aug 27, 2009 12:33am Aug 27, 2009 12:33am
Quoting toshi
Okay, I think it's time you stepped it up a notch and begin to track some entry/exits.
Just for the sake of evaluating the method. Of course everyone's mileage will vary,
but just to get an idea what it's worth. When looking at in black and white,
over a nice stretch of time, I think such a compilation will have value.

This is especially true for those who might take one look at 3 moving averages
and a picture of a koala bear and go,"..hey, I don't do MA's..no thanks".

Even I'm not a big fan of MA's in and of themselves. However, the way your...

Buddy Koala Toshi... thanks for volunteering... i definitely look forward to some help here.. even if high on beer

you suggest we track profit / l or including entry and exit?
  • #102
  • Aug 30, 2009 3:48am Aug 30, 2009 3:48am
Hi everybody,

this week has been an interesting week.

The big drop and subsequent climb at the later part of the week were unexpected and definitely hazardous for margin accounts.

Remember to always trade safe.

I done an experiment and i dropped down to M15 again.

M30 is getting too lagged for the current ranging markets.

On the other hand, M15 will produce too many false signals.

I will be continuing M15 this upcoming week.

I have circled good entries and boxed the danger zones.

Do you have any comments on M30 VS M15?
Attached Image (click to enlarge)
Click to Enlarge Name: koalas.jpg Size: 93 KB
  • #103
  • Sep 2, 2009 12:54pm Sep 2, 2009 12:54pm
I have read about your system, I like MA's, I have always thought if you just traded MA's crossing ,could it be that simple? My journey brings me back to them from going through alot of indicators. I still use a couple but I am staring at the chart and candles not the indies below. I have started using 4,8,12, and 24, yours are too close together for me visually ( I read the Cornflower as well) but I think it is a matter of preference and what clicks visually with the person.I like your confirmation that pips can be made with them.
  • #104
  • Sep 2, 2009 7:43pm Sep 2, 2009 7:43pm
Quoting fxgrnwise
I have read about your system, I like MA's, I have always thought if you just traded MA's crossing ,could it be that simple? My journey brings me back to them from going through alot of indicators. I still use a couple but I am staring at the chart and candles not the indies below. I have started using 4,8,12, and 24, yours are too close together for me visually ( I read the Cornflower as well) but I think it is a matter of preference and what clicks visually with the person.I like your confirmation that pips can be made with them.
thank you and all the best !
  • #105
  • Sep 6, 2009 2:29am Sep 6, 2009 2:29am
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.

http://2.bp.blogspot.com/_3abzd90ZlP...400/koalas.jpg
  • #106
  • Sep 6, 2009 5:24am Sep 6, 2009 5:24am
Hi

I've follow ur system almost 2 month now and for me personally its great!

Many2 thanks!!!!
  • #107
  • Sep 6, 2009 8:30pm Sep 6, 2009 8:30pm
Quoting hairol
Hi

I've follow ur system almost 2 month now and for me personally its great!

Many2 thanks!!!!

Hey i am happy to hear this

thank you... trade safe ~ ~

do rate this thread if you like it!
  • #108
  • Sep 7, 2009 1:09am Sep 7, 2009 1:09am
I'm going to try out, and will keep posted here... thanks for sharing The Koala System
"Hands that help are holier than lips that pray" Shirdi Sai Baba
  • #109
  • Sep 7, 2009 10:03pm Sep 7, 2009 10:03pm
Quoting Greenmoney21
I'm going to try out, and will keep posted here... thanks for sharing The Koala System

thank you !

hope you do well..

do drop by to post comments if any... rate the thread too
  • #110
  • Sep 12, 2009 10:20am Sep 12, 2009 10:20am
I've been trading for the last 3 months.I'm new when I started I was making 100 pips a week.I kinda got adicted to forex.4 weeks after I started I lost it all.That's my story of forex.
I have a question:What do you mean when you say M30 or M5?
Thank you.
  • #111
  • Sep 12, 2009 11:40am Sep 12, 2009 11:40am
Everyone did well this week? review will be out tomorrow

In the meanwhile, feel free to read my latest article about Gold and US dollar.

http://www.thegeekknows.com/2009/09/...us-dollar.html

Cheers!
  • #112
  • Edited 5:36am Sep 13, 2009 4:47am | Edited 5:36am
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.

Do keep your feedback and comments coming in.

Trade safe.

If you have time, you may want to read up on articles i wrote on forex and eur/usd over at my blog.

www.thegeekknows.com

Thanks and hope it helps
Attached Image (click to enlarge)
Click to Enlarge Name: koalas.jpg Size: 110 KB
  • #113
  • Sep 13, 2009 6:33am Sep 13, 2009 6:33am
the last day of the previous week was pretty rough.. so i feel we should be cautious this coming week ...

i rather get less pips than lose pips !
  • #114
  • Sep 14, 2009 7:20pm Sep 14, 2009 7:20pm
Quoting Techinvestor
I've been trading for the last 3 months.I'm new when I started I was making 100 pips a week.I kinda got adicted to forex.4 weeks after I started I lost it all.That's my story of forex.
I have a question:What do you mean when you say M30 or M5?
Thank you.

Hi !

sorry i missed your post.

M30 means a 30 minutes chart.. each candle is worth 30 minutes.

M15 is 15minutes... hope you doing ok.. try to risk at most 2% of your account only each trade ok? why dont you read my articles on money management? 3 parts ... start here :

http://www.thegeekknows.com/2009/07/...grail-for.html


hope it helps buddy
  • #115
  • Sep 21, 2009 6:13am Sep 21, 2009 6:13am
This week was a successful week for the Koala System with many opportunities for winning trades.

I have circled them in black. This is mainly courtesy of the EUR/USD bull rally.

However towards the end of the week when the price starts to consolidate, we have little opportunities for winning trades.

We must remember that the Koala System helps us to minimise the chances of going against the trend.

It does not pick tops and bottoms in ranging environment.

If you noticed my red circles, these are where the price hits the 200 EMA and reacted to it.

The time frame we are looking at is the M15.

This is interesting as the 200 EMA seems to act as a potential support /resistance line when the price approaches there.

I am intending to make use of this in future.

Trade safe.

You can read more articles on forex and eur/usd over at my blog at www.thegeekknows.com.
Attached Image (click to enlarge)
Click to Enlarge Name: koalas.jpg Size: 107 KB
  • #116
  • Sep 27, 2009 3:02am Sep 27, 2009 3:02am
This week was a great roller coaster ride!

Topping up at 1.4843, going as low as 1.4610 and ending around 1.4668.

Hope you had your proper money management turned on

We all know that the Koala System does not fare well in ranging markets but it does help you to identify one and minimize wrong entries.

Using the M15, good possible entries are circled in black.

Danger zones are boxed in pink.

The last day Friday, is an extremely ranging day and hence Koala will not perform well.

For myself who prefers medium to long term trades, the best bet is to stay out.

Some of you may notice that certain boxes are good possible entries as the 3 lines are parallel.

However i will like to remind all that such quick spikes have a possibility to perform a quick reversal at times too and this will wipe your position out.

It is better to lose an opportunity than to lose your money.

Trade safe.
You can read more articles on forex and eur/usd over at my blog at www.thegeekknows.com.
Attached Image (click to enlarge)
Click to Enlarge Name: koalas.jpg Size: 130 KB
  • #117
  • Oct 1, 2009 9:28pm Oct 1, 2009 9:28pm
NFP is coming today. Please trade safely.
  • #118
  • Oct 4, 2009 4:45am Oct 4, 2009 4:45am
Ok, NFP came and went.

If you were following my threads and saw my gentle reminder, you would be spare of the horror !

Boxed in red, NFP served us an almost 200 pips whooping whipsaw within 3 hours.

Definitely not Koala's style.

Other then that, Koala had 4 potential opportunity windows this week.

Koala loves slow trending price actions and these were.

The initial pink box was highlighted as a potential danger zone.

This is what i like about The Koala System as it seeks to identify possible danger zone too.

When you see whipsawing or totally steep koala lines, it is not a sign to start the party!

It screams " You really want to do this? The price may whipsaw back any moment ! "

Patience is a virtue

Trade safe koala buddies!

( P/S this is a M15 setup and i like the way the 200EMA helps to show potential peaks )

Visit my blog for forex articles and EUR/USD views @

www.thegeekknows.com
Attached Image (click to enlarge)
Click to Enlarge Name: koalas.jpg Size: 101 KB
  • #119
  • Oct 4, 2009 1:08pm Oct 4, 2009 1:08pm
the asian session later may have the aftermath of nfp.. hence be careful
  • #120
  • Oct 11, 2009 4:18am Oct 11, 2009 4:18am
Good day koalas!

The Koala System had a fair week.

We had a few entry opportunities. However pips harvested will not be spectacular as it is a rather ranging week.

Once again Koala saved our accounts by identify extreme movements as boxed in red.

During such volatile conditions, stops can be triggered on either side.

Do remember that The Koala System is not a quick way to earn money but rather a better be safe than sorry way to place positions.

Have a great week ahead!

Visit my blog for forex articles and EUR/USD views @

www.thegeekknows.com
Attached Image (click to enlarge)
Click to Enlarge Name: koalas.jpg Size: 96 KB
0 traders viewing now