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LMT Forex Formula Example

by Marc on August 12, 2009

Hi, I have explained how the lmt (low maintenance forex trading) system works. I thought it would be a good idea to show you a few  trades that I made. The 1st example is from a “live”micro account that I started trading late wednesday night.

I don’t normally dive in to a new product and put money on the table until I have tested it for weeks, but the lmt was making so many pips that I thought I would dabble but with reduced amounts.

Its a sterling account so in $US x 1.61 = $2035 profit in 2 days ! My screen shot is not wide enough to show the figures here on the blog, but I will post it on the main site later today and provide a link for you to check out that I am telling the truth. link is here now;
http://www.forex-fxtrader.com/LMT-forex-formula-trade-examples.html

Gbp trade from 4 hour signal 29th may 2009

Gbp trade from 4 hour signal 29th may 2009

Following the lmt rules, this was an excellent trade. (I have put the white arrow on the screen to show you where I entered). The signal was good for a number of reasons.
  1. The trade was with the trend
  2. There was a red pin bar, signifying price reversal 2 bars before the entry.
  3. There was a minimum of 3 red lines on the bottom indicator, prior to 1 closed green bar. For long trades this is the lmt rule.
  4. The signal bar (1st green bar to close was only small) therefore stop loss was small.
  5. I entered at 1.5950. Current price 1.6162= + 212 pips
  6. This was a 4 hour signal, but it took place 1opm gmt +2 on my alpari, same time as the close of the daily candle. Thus if you were looking for a daily signal you should have then looked on 4 hour charts.
As it was one of my 1st trade on a live account I only risked one micro lot (approx $3.30 per pip). I didn’t do my usual strategy of 2 lots and closing 1 for profit, I just let it run.

These 1st 3 trades have paid for my LMT software 15 x over. Do you wonder that I have gone on and on about it.

If you want the chance to earn (and learn) how to make big money from forex trading only 15 minutes a day on the daily charts or a few hours a day on 4 hour charts, then this is the nearest thing to forex heaven I have found in years.

Anyone who tries to tell you its a scam doesn’t understand it. My first 3 trades have given me 1000% return on my investment.

I think some of you who are new to forex may simply not understand the workings of the market combined with the LMT system.

Because of this I am offering a LMT forex advisory service to those of you who join the LMT formula through my link.

I will email detailed examples of trades I have made (like this free example here). I will explain why I stayed out of some trades. For example, there was a “sell” signal on the jpy this week that lost. I didn’t take it as the market looked to be turning from my normal system, so i stayed out. Result I saved a 68 pip loss.
I will try in the next few weeks, whenever possible to post you “live” emails of trades that I am making. I can’t promise this feature as it will only be on days I trade and there is a potential problem. By the time I have made the trades and sent the email, the price may have already moved, but lets see if I can make it work.
If this is successful, then in the future I would probably have to charge a fee for this, but if you are making big bucks I dont thing you will mind !
The author of the LMT formula has said that once he has sold a certain number of copies he will close the site as he needs to be able to provide support for his followers. To see if LMT is still available and to find out more about it,  click here :


Remember, to receive my advisory service all I ask is that you join through one of my links.
I have been asked if I am making a commission if you buy the product. Of course silly ! But I will only ever recommend something to you that I have tried, tested and believe in and that comes with a 60 day money back guarantee.As you know I recommend you ignore most of the forex products that are being peddled on the internet. All the forex robots are a scam in my opinion.
This way you get an honest appraisal from someone who has “been there and done that” and i get a contribution towards the administrative costs of running the blog, main site, aweber and the 100′s of hours I have spent creating all of this.
Once again the link to the LMT forex formula is here. If you decide to join, email me confirmation of your purchase to marc@forex-fxtrader.com and I will include you in my lmt e mail updates happy and profitable trading to you all.


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Want more of this? See these posts:

  • L M T Forex Formula Review
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  • LMT Forex: Trick for Extra Profit on Trades
  • LMT Trade Plan Week 15th June & Results
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    • alx
      Hi all LMT users!
      Good news: the LMT H4 winning rate is constantly improving. It hit a level trading gives more satisfaction than frustration.
      I'm changing my trade flag from Red: "no trade at all" to Yellow: trade with caution.
      Keep in mind the trades are short lived - no time for big moves. Collect profits quickly, be sure to move to break even. Be careful with Daily signals - they so erratic it's better to avoid. Markets are still sideways, daily signals don't perform too good.
      ALX
    • Dan
      Alx,

      Just going back over some old posts on here and wondered how you are getting to these levels of return and whether you are still seeing these levels in the current sideways market?

      I'm finding your e-mail alerts and charting service a god-send as it means I have something to reference when the alerts come up and when I'm at work or away from home. So so helpful to catch the good 4H signals that can emerge daily.

      Do you trade every signal (within reason) and on each broker time frame and achieve these returns or are you being selective? In a different post you show the results for June-July with some 90-odd trades taken on 4H signals and a very high % win rate. Was that every signal taken or are you using some discretion?

      Many thanks

      Dan
    • alx
      Hi Dan,
      In June I took almost every trade but D1. I had days with H4 signals just flooding every hour. But this time is over now.
      Now I'm very reluctant about every signal. I don't take trades when I expect market reversals for example. I started to look for trades very early, about 02:00 - 03:00 GMT. I avoid trades after London LIBOR fix till the Japan lunch time. And still I don't take trades that I don't feel comfortable with.
      Moreover, I unachieved couple of my other systems to find better trade opportunities. Please keep in mind: despite the LMT is amazing in swing market, it is still TRENDING system, not sideways system. And moreover, it is just ENTRY system. The exit is left on you. And this is the exit that makes profits.
      ALX
    • Dan
      I agree, yet it still seems to have held its own in a sideways market but as always discretion on whether to enter is always advised.

      hat other systems do you use to compliment or replace LMT depending on market conditions? Other commercial systems or ones that you have developed yourself?

      D
    • alx
      Hi Dan,
      first of all I use every system separately. One of them is simple range breakout, couple of emas, 30.15 and 5 min charts.
      The other is based on a commercial system I will not name. Not only I had to pay for it, but also write a lot of my code to make it work. And it works only in some special market conditions like today. If I was to buy it again - I would rather look for some free tools here and there.
    • alx
      Now you have it on your blog:
      Friday 10th July 2009: Today I did 119% on my balance. Again! Don't ask me how many pips - I did so many trades I just can't count them all :-)
      What's more - it's not the first time. It happens at least once per two weeks in sideways markets!
    • Khalid Mahmood
      Hi Marc
      I bought the LMT formula around a month ago,unfortunatly it was not through your link as I only came across your blog today {30/06/09}
      after doing a "LMT signal" search on google.Your blog with all its forex
      articles,tips and observations is just fantastic......a godsend to us
      inexperienced forex newbies.
      I just wish I had come accross your blog sooner and had joined thru you
      so that I could have benefitted from your advisory service.
      Is there any way you could still allow me entry into your group?
      Best Regards
      Khalid
    • hi khalid, no problem, send me an email and i will include you in the updates list, marc
    • simon peat
      any chance you can share your thoughts on the on your trades with me on a daily basis would like to learn from the master and i bought trend forex 2.0 wo what a study in its self. i think a degree in the forex is required, how do you get the red horizontal lines on the chart
    • hi simon. i update by email a few times a week ( email me to go on the list). there are articles here on the blog describing how to plan trades and trade examples. i also put tips advice on twitter during the day in real time (marc12001).

      Re the red lines on metatrader there is a row of tools near the top of the screen. hover your mouse over the horizontal line. click on it. then move the mouse to where you wish to put the line. click the line. voila. if you wish to move it up or down, double click left button, grab it and move it. If you wish to change the colours etc double click left mouse. then right click. horizontal properties. You can change loads of things in there. same principal for all the metatrader tools. marc
    • Ron
      Marc,
      Just got LMT last week and watched, without trading, how it called several big winners on the 4h and daily. Today there were winners on the gpu and eur daily charts, but I only took the yen daily trade which broke even. I missed a huge trade on the 4h pound/yen that happened at 2:00am my time. I love what I see thus far
    • Brendan
      Looks good.
    • alx
      Dear Marc.
      It looks you've been able to use the system for some time. Much longer that it's available to public. Am I right?
      Did you have a chance to go with it over a full market cycle? I mean up/down trend, consolidation, reversal and reverse trend?
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