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! I have had the powerband system for about 3 weeks now. Very simple and very consistent. Finished 10 trades total. 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.
Im trading 5 pairs so far. Risk vs Reward is apx - 1: Im guessing based on my analysis the Risk vs Reward should be, apx - 1: I just made another A trade 2 hours ago, on the 1 hour chart. 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. If it can at all. 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. Im getting closer and closer. I'd like to thank Dean saunders first and formost, because of the simplicity and accuracy of his systems. 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. 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. Forex Video , Forex Books.
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