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LMT
Forex
Formula
was created by Dean
Saunders (also know
for the 10 minute
forex wealth
builder) It's a
software script
that's used on
Metatrader The
script posts trading
recommendations
including entry, stop
order, and take
profit. The
software is
constantly scanning
to find the most
appropriate
trades.
The software is
supposed to be used for
long term trading.
The reason for this is that
the software should be
traded on either a 4 hour
or daily time frame.
It normally averages about
5-10 trade
recommendations a
month, based on 10 currency
pairs. The average
trade time lasts 4-7
days.
As
opposed to most
contemporary forex
systems/software, who tend
to scalp the market,
by going in and out of
the market 4 or 5 times a
day, the goal of LMT Forex
Formula, is to make
several hundreds of pips a
day.
On its
website LMT Forex Formula
claims to have a winning
percentage of 82% and shows
a net profit of
over $30,000 in over 2
months.
Go to the Official LMT
Forex
Formula Website
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Overall
Rating:
If
you
are
strictly
comfortable
10-20
pips
a
trade,
then
this
may
not
be
for
you.
However,
If
you
have
the
discipline
to
hold
a
trade
for
several
hundred
pips,
then
LMT
Forex
Formula
is
a
winner.
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Actual Customer
Feedback:
"From
the
beginner
to
the
experienced
forex
trader
should
have
NO
problems
following
the
steps
laid
out
in
the
manual."
Portion
of
actual
user
review
on
ForexFactory.com
"In
3 weeks
of
trading
I have
had 5
trades
that
have
been
executed
and
closed.
Of
those
trades
3 were
wins, 1
loss,
and 1
break
even.
The
result
from
these 5
trades
is that
the
account
is up
413
pips.
"
Portion
of
actual
user
review
on
EzineArticles.com
"So
far so
good....I
gain
300
pips +
last
week
using
the 4
hour
timeframe...
I think
it has
potential
to make
me more
pips."
Portion
of
actual
user
review
on
ForexPeaceArmy.com
|
Our
Research on
The LMT Forex
Formula Suggests:
According to the
general online
consensus (where
research is based on
unbiased, non-vested
comments &
articles), The LMT
Forex Formula is
great for those traders
who don't have a lot of
time to watch the
market, and can handle
holding a trade for
several days at a
time.
The vast
majority of the traders
who used LMT Forex
Formula really enjoyed
success. However,
if you are not he kind
of trader that has
the patience to
hold trades for this
long, it may not be
right for
you.
Verdict:
If
you are
strictly comfortable
10-20 pips a trade,
then this may not be
for you. However,
If you have the
discipline to hold a
trade for several
hundred pips, then LMT
Forex Formula is a
winner.
Go to
the Official LMT
Forex
Formula Website
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What
You're
Getting: |
The
LMT Forex Formula
Software
47 Page Manual
4 Trading Indicators
4
Instructional Videos
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Price: |
$149 |
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Return
Policy: |
60
Day |
Official LMT Forex
Formula Homepage
>>
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