If considering trading foreign exchange as a way of making some extra money, there are a whole host of products and systems which claim to aid the would be trader to increase their profits. Here we look at the “morning trade system” developed by professional trader Mark Fric.
In the first instance the morning trade system is a mechanical system of trading foreign exchange based upon the GBP USD pair. The system advocates setting up one trade per at around 06:30 in the morning UK time when the markets are at their slowest, the trade then realises its profit or loss based upon the high levels of volatility experienced in the first two hours of trading.
