Forex Morning Trade System

4.1.3 NO TRADE

We will NOT TRADE for the day if some of the conditions are not met. For example Momentum >100, but CCI < 0; or if Momentum > 100,8 Example

At 22 July 2010, you can see that the conditions to enter either long or short were not filled. Momentum is below 100, but CCI is above 0.

The exact values of Momentum and CCI are visible on Data window on the left side. You can notice that also the FxMorningTrade indicator gave us NO TRADE signal.

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