Well, I must say that I am a lover of Mark Fric Morning Forex trading system. As I said in my recent review, the system opens a trade every day in the GBP/USD pair (if the conditions are met) and exactly the same time every day (an hour and a half before opens the London market). This trading system started this week and the results are as follows:
Monday: + 40 points
Tuesday: + 40 points
Wednesday: non-commercial
Thursday: non-commercial
Friday: + 40 points
This is a very impressive return of 120 points during the week. only, I started this system with small pegs only 2 GBP per point, but 240 pounds during 5 minutes of work each day is a decent return on trade.
From makes a lot of backtesting I know that not all weeks are as profitable as this. Often you may get 2 winners, 1 losing trade and 2 not offices, or 3 winners and losers 2 (like last week). Since however, the important point is that this system appears to be consistently profitable in the long term through a simple point 40 target price and stop loss.
Elsewhere I have not been very busy in the main time. My 4 hours trading system does not raise any decent business opportunities since major pairs moved against the indicator Supertrend journal.
I was tempted to trade the breakout upwards in the GBP/USD pair, but with sailing of breakout in chart 4 hours, still seed around 180, and because it happened in the afternoon rather than doing so in the morning, I decided against any long positions. In short-term this proved to be the right decision, but upward movement continue over the next few days, so lost none of some decent benefits there.
In general, although I had a good week and I am glad that I have another decent system that I use daily, even if it is lifted in around 06.15 each day. If you want more information about this system can do so by visiting the official Web site, or by clicking here and read my full review on Morning Forex trading system.
Have a great weekend.
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