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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
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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 |
| Return Policy: |
60 Day |
Official LMT Forex Formula Homepage >>
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