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Forex System Report
Name: LMT Formula
Review date: May 2009
Review period: May 2009
Description: The LMT Formula has only been released recently, so I have still only had limited experience with it. This is not an automated technique, but it is a mechanical trading system which uses provided indicators. It is therefore suitable for those with limited experience who can set aside 15 minutes a day to set up their trades.
Strengths:

LMT syands for Low Maintenance Trading and it does not require a lot of time or experience to put into action.
green plus

Because trades are placed manually, you can use a spread betting account to avoid paying tax on your profits.
green plus

Initial signals have been good. I am about to start placing live trades.
green plus

Weaknesses:

This system is too new for me to provide a full analysis or to make a clear recomendation.
red minus

Conclusions:

This is probably a good system, but it is still too soon to draw reliable conclusions. However, the manual is well written, the signals are given clearly and the techniques are simple to follow. On daily charts, trading can take as little as 15 mintues a day. The technique also works on 4 hourly charts, but then time would need to be set aside every 4 hours The publisher claims that a limited number of copies will be made available.

green plus green plus    Buy
The Forex reports on this web site are based on my experience. There can be no guarantee that you will obtain similar results.
This is an educational website and does not provide investment advice.
The author is not authorised to give investment advice in the UK or in any other jurisdiction.
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