Forex Morning Trade System

Now let's look at the Forex Morning Trade System rules.

4 Forex Morning Trade System rules

4.1 Entering the trade

As I said earlier, our trading time is 5:30am GMT time. You should get to the computer about 5 minutes before 5:30 and wait until the candle finishes.

For indicator values, you should check the chart at a close of 5:15am candle at 5:30am.

I use Alpari UK broker, so 5:30am GMT is 7:30am in broker time that you see on the charts.

4.1.1 LONG signal

We will go LONG (buy) if and only if ALL the following conditions are met:

1. Momentum(60) of the 5:15am candle is higher than 100 AND lower than 100,8 (in other words between 100 and 100,8)

2. CCI(60) of the 5:15am candle is higher than 0 Then we will buy at Market price.

Example

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