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Forex Morning Trade System


This will open us an Order dialog.

 ForexMorningTrade_manual21-00.jpg 609x286 (pixels)

Since we are entering at market price, we have act quickly, before the price moves too much.

I will check the volume, which means the number of lots I'm trading with. You will read more about that in the next chapter Money management.

Next, I have to set up the Stop Loss and Profit Target levels. To make it quickly, I'll use the help of FxMorningTrade Indicator that gives us these levels computed for optimal entry price.

In the screenshot below you can see that I copied the values from the indicator (rounded to 4 decimal points).

 ForexMorningTrade_manual21-01.jpg 485x187 (pixels)

Then, because we are going LONG I click on a Buy button in the dialog. If the signal was SHORT, I would click on the Sell button.

 ForexMorningTrade_manual21-02.jpg 429x159 (pixels)

It will send the trade to the broker.

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