ForexPowerbandDominator.com Review

I utilize the Powerband and LMT systems. Together they give me the extra confidence i look for before entering a trade.
By using them in this manner I have found a simple but powerful approach too trading.
And most importantly, i'm trading in profit and quite enjoy that!

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I have had the powerband system for about 3 weeks now.
Very simple and very consistent. Finished 10 trades total.
8 winners, 2 losers. 80% win rate so far. There have been several
other trades signaled which I didnt see because I was away
from the computer at the time. So far Im very pleased with it
and will continue to use it as it has given me the most
consistent results I've ever had.

This system is not only good for beginners, but also experienced traders to add to their trading toolbox. Dean claims a 80%-85% win rate making the 'A Trades' which are powerful trades.
and looking back on the 4hour daily & hourly charts on several currency pairs, I can agree with this claim,
trading it on a real money account, since it is a small account I cant follow the system exactly, so the risk vs reward is less than it would be if i were following it to the tee.
Im trading 5 pairs so far.

Risk vs Reward is apx - 1:1 with my account.
Im guessing based on my analysis the
Risk vs Reward should be, apx - 1:1.5 to 1:2

made two 'A Trades' within the last two days,
risked 2.5%-3% per trade

profited 3.9% on the first trade
and 3,8% on the second.

95pips on the first, and 91pips on second. both on the 4h charts.
I just made another A trade 2 hours ago, on the 1 hour chart.
risked 1.5%
stop loss: 38 pips, take profit 35 pips
Im in 13pip profit so far, I break even at 15 pips. at a support/resistance level, the take profit would be from 40-100 if i were following it to a tee.but being extra safe since im up for the day already. We'll see how that trade works out.

I know I only made two profitable trades so far and I shouldnt be to excited until i see more results. But just by looking back through the charts, the setups are gold. Look back even 10 years from now on the 4 hour and daily, you'll be surprised.


I'll tell you one things though, I really hope Dean takes the system down soon. because I dont know how many people it takes trading a system to affect the performance of it. If it can at all.

I rarely write reviews, but Im putting myself in someone elses shoes that is struggling with profiting from a system because he/she does not believe in it, and the results it produces.

Lack of confidence in a system and your abilities to trade it is death in this game.

I think i've just found my forex success. even though im not there yet. Im getting closer and closer.



I'd like to thank Dean saunders first and formost, because of the simplicity and accuracy of his systems. Especially this one.
And for sharing it with the world.
Hopefully one day I can share my own knowledge as well, and give back

Best wishes

Matt

Early days yet, but this system shows a lot of promise. It is very simple, uses a few standard indicators and a couple of candle formations. The instructional videos are very good, ideal for newbies. Altogether a decent package
In 2 weeks of demo trading on the 4hr charts my account is up 25%, risking only 2% per trade (trading about 12 currencies)
12 trades, 10 wins, 872 pips. Not bad for about an hours work every day!
I will update my review at the end of 60 days and perhaps at that point consider trading it on a live account