Hi, it’s Willie. I’ve completed the live trading part of our test drive, so here’s an update of my Forex Morning Trade Review.

Matching the test period we did for the paper trading part, I took real trades from Monday, 14th March to the following Tuesday, 22nd March. Same trade parameters of 40 pips for stop loss and 35 for profit target, as prescribed in the Forex Morning Trade System Manual.

Detailed Results of Live Trading

Here are details of the live trades:

  • Monday 3/14 — Trade Type: Long
    • Entry: 1.6077; Stop Loss: 1.6032; Exit: 1.6032
    • Result: Loss of 45 pips
    • Remarks: Entered late, but kept recommended stop loss and profit target
  • Tuesday 3/15 — Trade Type: Short
    • Entry: 1.6117; Stop Loss: 1.6157; Exit: 1.6082
    • Result: Profit of 35 pips
  • Wednesday 3/16 — Trade Type: No trade

  • Thursday 3/17 — Trade Type: Long
    • Entry: 1.6039; Stop Loss: 1.5999; Exit: 1.6074
    • Result: Profit of 35 pips
  • Friday 3/18 — Trade Type: Long
    • Entry: 1.6146; Stop Loss: 1.6106; Exit: 1.6181
    • Result: Profit of 35 pips
  • Monday 3/21 — Trade Type: Long
    • Entry: 1.6217; Stop Loss: 1.6177; Exit: 1.6252
    • Result: Profit of 35 pips
  • Tuesday 3/22 — Trade Type: Long
    • Entry: 1.6312; Stop Loss: 1.6272; Exit: 1.6347
    • Result: Profit of 35 pips

Overall result: Total profit of 130 pips

The overall result of live trading is very encouraging. My trade size was 1 mini-lot, so I made a profit of $130. This is more than enough to buy Forex Morning Trade, with plenty left for a small celebration :-) We’re definitely off to a good start with this simple-to-follow, 10-minutes-a-day Forex trading system for trading the GBP/USD pair.

This wraps up our test drive of Forex Morning Trade. We have a convincing outcome which makes a rather strong case to add this GBP/USD Forex trading system to our toolbox. Give it some serious consideration, and trade well!

Willie
ForexMorningTradeReviewed.org