The Koala System ( Newbie Friendly )

Ok the last hours have been a slow but developing climb for koala. But now 1.32 is capping the EUR/USD . I am out.

Hi trading801,

I notice in the rules of the system you specify 30pip SL and 30pip TP. do you still follow those rules? do you not just get out of the trade when the moving averages have crossed back over the wrong way, signalling a trend reversal?

[QUOTE=“Joeby26;512732”]Hi trading801,

I notice in the rules of the system you specify 30pip SL and 30pip TP. do you still follow those rules? do you not just get out of the trade when the moving averages have crossed back over the wrong way, signalling a trend reversal?[/QUOTE]

To be honest, if there is a clear reversal one can salvage the situation and get out with potentially less loss … The history of this rule which I am still following is because I am rather risk averse and I find myself exiting prematurely too often … Hence this hard rule is a means to curb such behavior. The assumption is that if the signal is good enough, it will often end up as a profit …

Your reply couldnt be more fitting! I had too tight of a stop so I got stopped out early only for it to have gone back in my favour and i should be in +70pips by now :frowning:

[QUOTE=“Joeby26;512834”]

Your reply couldnt be more fitting! I had too tight of a stop so I got stopped out early only for it to have gone back in my favour and i should be in +70pips by now :([/QUOTE]

I guess that’s also the beauty of forex trading. The ups and downs. :stuck_out_tongue: Just remember your proper money management and you should be safe … Are you looking out for a new signal ? :slight_smile:

Im always on the look out for more signals. Do you only take the trades in the same direction as the overall trend? or just whenever an entry signal appears, regradless of direction?

I generally favor trends. Koala is meant to be a trending system. So before I start my trading , I will go up the time frame to see the overall trend.

How is everyone doing ? :slight_smile:

Hvnt been trading for a while . Waiting to get my new laptop since my old one died :stuck_out_tongue:

Come on, guys! How is everyone doing, the man asked. Would love to see more input from the crowd!
Anyone?

Thanks u 2 for the support. Seems like all are a quiet bunch :stuck_out_tongue:

I personally did pretty well during the AUD/USD bearish momentum. Now that the party is over. We just have to find a new one. Still loving koala :slight_smile:

Got my new laptop and back on demo practice.
Managed to close a buy on eur/nzd at 1.6502 , TP at 1.6800.

Current open positions using the Koala Bear System . (DEMO)


[QUOTE=“Baojie;554320”]Got my new laptop and back on demo practice. Managed to close a buy on eur/nzd at 1.6502 , TP at 1.6800. Current open positions using the Koala Bear System . (DEMO) <img src=“301 Moved Permanently”/>[/QUOTE]

Thanks for the share. Baojie it’s good to see green !! Glad to know koala is still making money !!

Yes it did ! Dont trading for the week as I dont trade on fridays . Here’s the result :slight_smile:


[QUOTE=“Baojie;555891”]Yes it did ! Dont trading for the week as I dont trade on fridays . Here’s the result :slight_smile: <img src=“301 Moved Permanently”/>[/QUOTE]

Looks good. Maybe I should start posting koala updates at my website again. Nowadays I just focus on the forex forecasts. Oh well :confused:

Hope next week is great for u :slight_smile:

Hi Trading801 ,

If I entered the trade at this position , is it legit ?

[QUOTE=“Baojie;558108”]Hi Trading801 , If I entered the trade at this position , is it legit ? <img src=“301 Moved Permanently”/>[/QUOTE]

This seems to be a little too fast for my comfort… I personally prefer moderate momentums. What do you think …

Oh I see . Could you post some of the trades of a moderate momentum you would take so I could see as a reference ?
I think it is a little fast too but I assumed that it was a indicator to enter the trade.

Hey I some how missed this … How r u ? Did you make good money :slight_smile:

Yes I am . Little by little :slight_smile: