that, I am confident that by using the Forex Morning Trade system your winning trades will outnumber the losing ones. Result of the day: 0 pips The Momentum at 7:15am candle was below 100, but CCI was above 0, so we dont have conditions to go either long or short. This way it protects us by keeping our loses defined and small. To make it quickly, Ill use the help of FxMorningTrade Indicator that gives us these levels computed for optimal entry price. My Forex Morning Trade System has proven to be a very successful for me, and I am confident that after you finish reading this manual and practice trading it for few days, you too will be ready to start making real money successfully in the.
It is ideal for busy people, because trading the system wont take you more than 5 or 10 minutes a day. 3 FxMorningTrade indicator I will explain my custom FxMorningTrade indicator an optional component that simplifies the trading by checking the signals for. You have to be prepared that there will be weeks or months where youll make nothing, or even will be 40 or 80 pips in minus. For example Momentum 100, but CCI 0; or if Momentum 100,8 Example At, you can see that the conditions to enter either long or short were not filled. I will explain everything in more details, including setting up the system in the following sections. Your trading day will look as follows: At 5:30am (GMT time) you look at the charting platform and decide if youll open the trade (more on the rules later).