Greetings traders and curious visitors. There is a new forex product about to “hit the streets” sort of speak. The name of this product is “LMT Forex Formula“, and its author is a fellow called Dean Saunders. Some of you may remember this guy from his previous product offering – 10 Minute Forex Wealth Builder. I own his 10 minute forex wealth builder trading system so when I heard that he’s releasing a new trading system I had to check it out to see what the guy is up to lately. From the looks of it he’s still developing long term time frame based trading systems.
His previous product offering used the daily chart and from the info that I’ve been able to gather so does his LMT Forex Formula system. In case you were wondering the LMT stand for “Low Maintenance Trading” – low maintenance because it uses the daily chart as I mentioned. Personally I really like longer term trading systems because I’m part of that “not enough time in a day” group. Lack of time has really hampered by ability to trade intra-day, so now I mainly look for swing trades as well as use automated trading systems – “aka expert advisors.” So for me this system definitely peaks my interest.
At this point I do not know a lot about this forex product, but what I do know I will outline below.
What the LMT Forex Formula IS:
– It’s a manual trading system! That means that YOU have to place the trades.
– It’s a long term trading system that works off the daily (D1) time frame
What the LMT Forex Formula is NOT:
– LMT Forex Formula is NOT an expert advisor (aka forex robot). Like I said above you are solely responsible for placing and managing trades (there are of course clearly defined SL/TP rules so not to worry it is not guesswork)
– It is NOT a scalping system
What you get with the LMT Forex Formula:
– 47 page manual
– An video which explains the necessary steps you need to take to get started
– 4 indicators that you need in order to use this system (they’re MetaTrader 4 indicators)
– 4 videos that deal with setting up a demo account, installing the indicators, explanation of chart setups, etc
The videos have a run-time of 30 minutes, so in half an hour you should be ready to place trades.
How much will this product cost?
The price will be below $100. Although according to their promotional material they may raise the price at $149 after the launch week. I would not worry though as I have a hunch this is just a marketing technique. I am willing to bet the price will be $97 – this seems to be the magical price for forex systems sold through ClickBank.
Can I easily get a refund?
Of course! This product is sold through ClickBank. ClickBank has an absolutely rock-solid reputation for customer service. If you request a refund within 60 days of purchase you WILL get your money back – you have my word on this.
When can I buy the LMT Forex Formula?
You can buy it very soon – 24 hours from now to be exact. Tomorrow should be the official launch date (unless it gets pushed by for some reason)
Where can I get it?
That’s an easy one! You can do so by visiting the LMT Forex Formula homepage here.
Once it gets released I’m gonna get me a copy too. Like I said I already own one of Dean Saunders’s other forex products and I’m satisfied with it so I’m looking forward to seeing his latest work – the main thing that attracts me is that it’s a long term trading system that does not require me to be in front of the computer all day.
Until next time, I wish you all happy and profitable trading.