Yup.. Unless you go manual, then there's some grey areas.. You can fire at angles
that normally you can't and turn your ship such that you hit your own torps which
are still unarmed.. LoL. I got that a few times.. Kinda stupid but that's how things
works..

You can only fire in the arc that the Torp launcher can fire in. For example you cannot
fire a torpedo launcher backwards if the torpedo launcher is fixed forward

No, you can't fire off the bow :D The target lines will light up when you can fire.

Also, if you are using auto aim, there's a delay between you clicking and the
launcher rotating to where you clicked, you have to account for that.

That was quick, thanks...so does that mean you cant fire directly off the bow?

Press "T" to change to torpedo mode, you then need to move all ur torpedo lines to
one side, then you can press F4 a few times until it says Gradual fire mode, that
means it fires one launcher at a time (if you want). The only reason it might not fire
is because the angle is too close to ur own ship, or your out of torps or it's still
reloading. Pressing R changes back to gun mode.