My Honest Forex Morning Trade Review
Information You Need Before Buying Mark Fric’s 10 Minutes Morning Forex Trading System.
I have come across this Forex Morning Trade from some forex morning trade review sites as I notice some of big movement in Great British Pound ( Cable )to US dollars (Greenback ), GPB-US $ happens in the first 2 hours or so before and after London market opens. It would be nice to capture some of the move before it happens.
I couldn’t get much unbiased forex morning trade reviews, so I took a plunge and bought the system as I was curious to know what indicators to use to check for setup and also it comes with 60days money back guarantee. Wow, I should have bought Marc Fric’s Morning trading system when it first came out back in August 2010. It produced more than 60% growth as of Feb 2011.
Here’s my honest unbiased Forex Morning Trade Review after I used this auto trade / manual morning forex trading system (and still using it).
Forex morning trade is sold as a Manual forex trading system ( British Pound Vs US Dollar ) with a set of ” Simple rules to follow ” and you get the following:
- A detailed Illustrated Trading PDF guide with 2 weeks of live trading examples that tell you how to use the forex morning trade system, what signals ( available on most trading chart package/platform) to check at 6:15 am GMT and enter the trade manually at 6:30am when all conditions are met and enter the recommended stop loss and take profit target. It also tells you where to move your stop loss to lock in profit once you are in profit.
- Forex Morning Trade Indicator – it displays where to place stop loss, where to take profit.
- Meta Trader 4 template
- Lifetime email support
- Lifetime future updates
- 60 days money back guarantee
Additional Bonus
1. Meta trader 4 Expert Advisor ( automatic forex trading software / robot that trades GBP-US $, using Meta Trader 4 trading platform automatically).
2. Marc Fric’s live forex morning trade journal.
It is sold as one off payment @$97 with no upsell and Real Monthly Trade Results Updated Monthly on the website.( I found this to be correct after I bought the system and based on my results and others I found from forum).
You can click here to check the result from the official Forex Morning Trade System website.
My Minor Negative Findings on Forex Morning Trade Review.
1. Poor communication . No email received when forex morning system is updated, nor his Personal tips on brokers trading systems and robots after I filled in my email address on the sales page.
Well may be that’s what member area is for. So you need to check often and the surprising forex trading forum that’s not mentioned in the sales page.
2. Sometimes you get no signals at all , but easily save you from a losing trade!
3. I did not receive any emails to say do not Trade from Mid December to Mid January as they have proved to be bad period for trading. Members who bought the forex morning trading system back in August/ Sep got an email! Lucky I did not trade but found this out from forum.
4. You need to leave computer, trading platform (MT4 ) with Expert Advisor enabled and internet on before 6:15 am GMT if you want to auto trade this forex pair.
Also you need to set your power setting on your computer to ” Never put computer to sleep ” as it turns off hard disk drive when it enters screen saver/idle time mode. I missed a few trades when my computer restarted overnight when window did an automatic update and did not return to previous state as I need to manually type in username and password. I found these out from the morning forex trade forum after I missed the trade !
The Good Findings On Forex Morning Trade Review (Automated And Manual Forex Trading System)
1. This Day Trading Currency Trading system is definitely NOT A SCAM!
2. The manual is well written with simple step by step instruction so even a beginner to forex trading can understand how to set the system up in a few minutes.
3. You can trade it manually using your existing broker, new broker with MT4 trading platform or automatically using Expert Advisor (automatic forex trading software). Both forex trading methods use the exact same settings and rules. It only trades once a day, so risk is limited to the setting you set up (recommended/default setting of 2% per trade).Unlike other automatic forex trading software/robot, it has not wiped out anybody’s account since this auto/manual forex trading system was launched back in August 2010.
4. If trading automatically using meta trader 4 platform, it will automatically move your stop loss once you are in profit by the recommended amount.
5. There is a surprise link to forex trading forum within forex morning trade member area. I found this forex trading forum very helpful and useful. Some of my initial problems were already asked and answered .
Most people were there since the launch of forex morning trade and are very loyal to Marc Fric. Any negative talks by others were quickly corrected by the people who’s making money trading forex.
They post their results and “ tweaked settings “ to get a few more pips and have more winning trades than Marc Fric, the creator of this forex trading system.
6. Those who did not trade from Mid December 2010 to Mid January 2011 had grown their accounts by 70% as of Feb 2011.
7. Thanks to the forum, I found out a spread betting company in United Kingdom that can trade this automatically, using Meta Trader 4 , so I don’t have to get up early and look at chart.
Click Here For Morning Forex Trading System (GBP-US$)
Auto Trade Forex – This Is How To Make Money On Forex Without Greed And Fear, Thanks To Marc Fric’s Forex Morning Trade Review
For those who cannot sit in front of computer before 6:30am GMT, you can use the bonus Expert Advisor ( automatic forex trading software ) to trade it for you.
The above diagram shows Meta Trader 4 platform which you can use from any regulated Forex brokers . Thanks to the forum, I used SmartLiveTrade Spread betting company in UK and traded this automatically.
It is very easy to set up ( instruction is in the forex morning trade MT4 expert advisor manual ). Once all the right forex trading conditions are met, it will display the exact, stop loss value, take profit value at the top right hand corner as well as automatically trade this forex pair for you if you choose this forex trading method using this automatic forex trading software.
My Forex Morning Trade Results
I demo tested few other settings from the forex morning trade forum in additional to my own and the recommended settings for a little while before I wrote this forex morning trade review. I had a few losses, a few No Trades and lots of Winning trades (more than 50% in profit) and went live with this automatic forex trading software. February 2011 was a winning month with more than 300 pips using my own settings compared with the default /recommended settings.
The above is a real live trade on 10/3/2011. I left my computer on overnight and checked it in the evening. It automatically entered a Short Trade, and automatically closed the trade and produced just over 35 pips or £35 using spread betting (£1 per pip= 1 lot ) just before 9 am GMT (tax free profit in UK).
The day before had ” No signal ” and hence no green horizontal arrow and not traded. Looking at the chart if I was to trade this forex manually, I would possibly enter it as a short trade as it looked like it was going to break below previous low before the ” Blue Time Trading Zone “. Well, this certainly saved me a losing trade by using the Expert Advisor. Overall, the week ended in profit trading GBP-US dollar automatically.
In fact watch this Video I made on 21/3/11 reviewing Forex Morning Trade System with some of my demo and real money live account results if you prefer.
My Verdict On This Forex Morning Trade Review- Pay Your Bills With This Forex Morning Trade System
This is a get rich slowly forex trading system as it only trades once a day and you will get some losing trades as well. But once you have a decent profit, you can compound it and increase the size of trade (lots) as someone in the forum did (made 5 figures profit from 4 accounts)!
I am happy with this simple trading system especially the helpful and friendly forum users who share their experiences and knowledge on how to get the best out of this morning forex trading system. It is possible to pay your bills with this forex morning trade system. Actually, I did that with my winnings just before I wrote this forex morning trade review !
I highly recommend it, even though @ $97 (may increase anytime ) it may sound a bit much for some trading indicators setup if you only want to trade it manually, but the result speaks for itself and you get the added bonus of auto trade the system using the expert advisor/automatic forex trading software.
Click Here To Get This Manual /Auto Trade Morning Forex Trading System
P.S mention my name waihau when you sign up to UK spread betting firm http://www.smartlivemarkets.co.uk/pages/platforms/spread-betting-metatrader.aspx .They are offering special promotion. For a limited time, they will refund up to £300 if you lose. So it’s worth testing this forex morning trade.
Also Alpari.com ( normal forex trading MT4 platform) is offering up to 20% credit bonus for a limited time as well.
*My Additional Forex Morning Trade Review Bonus To You*
As an added bonus and to speed you up with the settings that I use and others from the forum, if you clear your cookies on your computer internet brower, under Tools, clear recent history and cookies, then click on this link to buy Mark Fric’s Forex Morning Trade System.
After you purchased the system, forward me the email with your receipt number to, settings@theforexmorningtradereview.com. with subject title: settings and bonus. Once I verified you purchased it from my link, ( yes, I get a small commission) within 24 hours , I will send you
- details of all the settings I used and tested including those from forum users who are making more pips than the default settings, so you can use if you want.
- details on how to set up different trade at different time and £1 per pip spreadbetting setting up.
- details on breakout strategy after London opened. Yes, I stumbled across some patterns that happen to £-$ every now and then after the market opened in London and you can take advantage of that in additional to forex morning trade system.
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