Forex Morning Trade System

4.3 Practical example of a trade

I will give you a practical example of how I read the signal and enter the position, including setting the profit and stop loss targets.

23 July 2010

You can see above that we've got a clear LONG signal. Momentum was over 100, CCI was over 0 - we can see it also on the FxMorningTrade indicator that gave us LONG signal.

Now we have to enter a long position at a market price. I do it by clicking on the New Order button on the toolbar.

20