Forex Morning Trade Review

Note: See my test results and recommendation at the bottom of this review.

Forex Morning Trade was developed by Mark Fric, a professional trader. He has been struggling with trading for 10 years, lost a lot of money, but started developing his own trading system, Forex Morning Trade, and finally things started to turn around for him. He has been trading this system successfully for more than a year now. It is a 100% mechanical system with clear rules to follow. The indicators clearly show you the entries and exits and doing this, including setting up the trade, takes you 5 to 10 minutes per day.

Forex Morning Trade Claims

Mar Fric claims that ten minutes per day will give you consistent profits month after month. He refrains from saying how much percentage-wise.

The vendor backs his claim in three ways:

1. Proof from live accounts: He supplies screenshots from three different live accounts trading statements (May 2010: 16%, ; June 2010: 40% and July 2010: 40%) and one showing his combined profits from all his accounts, from Jan. 2009 to Feb. 2011. It shows a profit growth of 150%.
2. A video review by the independent Forex Rebellion.
3. Testimonials from satisfied customers: He quotes from a number of satisfied users of Forex Morning Trade. One guy, Phillip F. from Australia, claims he’s made 520 pips in 2 months’ time.

How does Forex Morning Trade work?

Forex Morning Trade uses the “London open” principle, referring to when the London forex market “opens” at 8am GMT. It is a proven fact that most currencies – not only the GBPUSD – pour in their largest daily moves within the first two hours of the London market, since this is such a huge market.

Before the market opens, you study the indicators and if the conditions are met (according to the rules of this system), you set up the trade and that’s it – the end of your involvement in the trade. The trade will carry on and eventually hit the profit target or stoploss automatically – 100% mechanical.

The Forex Morning Trade package

For  $97 you get the following:

• Illustrated Trading Guide with detailed instructions about the system and real examples of two weeks of trading. The entry and exit rules are clearly explained.
• His FxMorningTrade indicator that displays the entry signals, recommended profit target and stop loss levels as well as time range for trading.
• Forex Morning Trade Template for MetaTrader4, so that you can set up your chart quickly
• Lifetime email support
• Lifetime future updatesGuarantee: unconditional money-back guarantee for 60 full days.
• The price also includes the following two bonuses:

1. Bonus nr. 1: Expert Advisor for Forex Morning Trade system, the robot version of the system for MetaTrader4. It uses exactly the same rules, except that you don’t need to be in front of your computer.
2. Bonus nr. 2: Mark Fric’s Trading Journal, showing how he trades the system on a live account. You can compare your trades with his, comment on possible tweaks or improvements and share the experience with other traders.

My Forex Morning Trade Test Results and Conclusion

I am currently testing Forex Morning Trade. See my testing stats and account statement on the Forex Robot Testing page. Also visit my Top 5  list or subscribe to my weekly robot testing newsletter.

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