L.M.T Forex Formula – New method you may use to profit on the massive market trends
Written by admin on August 23rd, 2011Article by Markos Magnoson
The L.M.T Forex Formula is a new method you may use to profit on the massive market trends and Dean Saunders claimed that you will need less than 15 min of work a day after getting familiar with the Formula. L.M.T. stands for Low Maintenance Trading which is an appropriate name for this program. While it is a program that analyses and spots potentially profitable trades, it isn’t a robot. When there is a possible trade a signal is given. When trading on the daily chart it only takes 10 minutes to check for trades and open or close any trades as appropriate. You have to do a little analysis, but it is all laid out for you in the 47 page manual. Simply look at the 4 checks to determine if a potential trade set up is one that you should take. The formula is described fully and simply in a downloadable e book and comes with a file that you attach to your metatrader trading platform (if you don’t have metatrader at the moment, its free and there are instructions how to download that too). The formula is very conservative. You only buy a currency pair if the long term trend is going up and only sell if the trend is down. I’m sure many of you have heard the expression “The Trend Is Your Friend.” Currency Trading in the direction of the current trend has shown to increase your chances of a profitable trade by up to 30%. The goal of L.M.T. Forex Formula is to identify trades that have the potential of producing large wins consisting of hundreds of pips. This is definitely not a scalping program. It is nice to have a trading program that looks for large wins and not a program that is simply scalping the markets. Find Out More Here: ==> L.M.T. Forex Formula
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