Forex Morning Trade System by Mark Fric is a simple to learn, yet highly profitable forex trading system. In this Forex Morning Trade review we will examine what makes this system and EA better when compared to other automated forex robots.
FX Morning Trade System:
Mark Fric developed this mechanical forex trading system which takes only 10 minutes a day and is simple. After trading almost 2 years using this system Mark decided to create a Forex EA as well and give it away for free for all his clients who buy Forex Morning Trade System.
Forex Morning Trade Bonus
#Bonus1: Forex Morning Trade EA Free
For those who want to automate their trades, you will get the Forex Morning Trade robot for free. The Expert Advisor uses the same rules of manual trading, but trades automatically for you. This is very convenient if you are living in a different time zone.
#Bonus2: Trading Journal: You will get access to Marc Fric’s own trading journal, where he trades this system day by day on a live account.
How Forex Morning Trade System Works?
Forex Morning Trade uses “London open” principle, which means opening the London forex market at 08:00 GMT. The ForexMorningTrade system is designed to work with GBP/USD currency pair. It is a verified fact that the forex market is most active during the first two hours of the London market.
Open your trading charts before the London market opens (6:30 Hrs London) and with the help of the forex indicators provided you will able to identify if the trading conditions are met. Then at the start of the 06.30 candle enter in trade accordingly.
If you live in a country where you can trade during the opening hours of UK market, then you can trade manually. On the other hand if you can’t stay awake during this time period, use the Forex Morning Trade EA and let the robot trade on auto-pilot.
$$ Forex Morning Trade Tips:
Maintain the lot size untouched at 0.1 and also make sure you have the right GMT offset according to your forex broker, both on indicator and EA with allow trading option ticked.
Forex Morning Trade Questions:
Does it work for other Currency Pairs?
The system is designed for GBP/USD currency cross and the tests show that it is the most profitable currency pair to trade with Forex Morning Trade system. You could try other currency pairs but you may not get the same results.
Do I need MetaTrader4?
You can use the indicators available on any forex platform to trade using this system.
However you need MT4 to use the Forex Morning Trade custom indicator that comes along with the system. Most of the Forex Brokers have MT4 platform.