Dean Sanders, the promoter of the 10 Minute Forex Wealth Builder system, has developed a more advanced version of his initially acclaimed Forex strategy system. This new system is known as LMT Forex Formula or “Low Maintenance Trading Forex Formula”. The headline “Low Maintenance” refers to the fact that finding a good pair of currencies in order to open a business does not require the trader to stand at his computer all day and monitor and analyze market changes.
Whether you are an apprentice or a Forex trading expert, the LMT Forex Formula Software System will help you reduce your trading day to fifteen minutes, during which time you will check your chart and plot your activity plot. You do not need to leave your computer or hosting services all day. All your business will be performed manually and gives you complete control over which business should be done and which should be abandoned.
Dean’s new forex strategy suggests trading ten currency pairs, as it trades on the daily chart. You can trade the system in a shorter time frame if you want, but Dean calibrated this system to enable you to make the most profit from the business location, which means most of his trades last longer than four or five hours a day trading system. He is looking for a huge wave in the trend and his system tends to target the businesses that have the most promise for huge profits.
If you are looking for a flaw in this system, one failure is suggested that it be found just after the daily bar is closed to check your daily charts for maximum performance. Most brokers close the daily bar at midnight GMT, which is late afternoon or evening for them in the US and Canada (5 p.m. Pacific to 8 p.m. Eastern). While this may not always be convenient, it is the best recommended time to monitor your charts. This is best if you can check the charts within the first hour after the daily bar closes; However, if you were only able to do so for two hours or so after closing, the profit may be substantially lower (20-30 pips) for you to maintain the injury you are taking, especially if the trade produces 300 to 400 pips. .
Dean’s Forex trading system includes: a 47-page manual that handles the trading system very well; A video explaining what steps to take when you get setup; Four trading indicators that you need to download for the software to work; And four video tutorials on “Setting up a Demo Account” (5 minutes), “Installing Indicators” (6 minutes), “Introducing Chart Indicators” (5 minutes) and “Explaining Chart Setups” (13 minutes.) So, in thirty minutes you can be ready to demonstrate in real time how well this system works. Deal and his staff are available via email to answer any questions you may have if you need assistance.
It should be reiterated that this system is designed to earn hundreds of pips per trade. This means you can stay in your business for days – even weeks – at a time. Which means it may take you a week or two to evaluate the system in demo mode and get used to how it works. So, be patient and keep an eye on the action indicator points while performing your due diligence in this system. The LMT Forex formula uses both software and human components to offer trading: first looking for trades and second, the human component, in it you see four trading rules that the dean has created to confirm the advice.
And remember, you need to check your trades once a day for about 10-15 minutes to close positions, set stops or take profits. If you like the idea of making some big profits from just 5-12 businesses a month, you will appreciate this arrangement and the time and effort that saves you.