Forex Powerband Dominator.
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I met up with Dean Saunders, the creator of the Forex Powerband dominator back in the summer at Madrid airport. Dean showed me on his “Live” forex trading platform & explained to me at length & with great enthusiasm, how important bollinger bands were in his forex trading strategies. This in itself was a refreshing change as I suspect most forex “guru’s” make more money selling products than actually trading forex.
If you are completely new to forex then I have already probably lost you! Bollinger bands are simply lines on a forex chart that give clues as to price movements The forex powerband dominator system is so simple that it might even me an advantage to knowing nothing about the markets. There are clear entry & exit rules, telling where and when to get in and out of a trade.
Dean Saunders latest offering to try & simplify the forex markets is called the “Forex Powerband Dominator” – they all have such butch names! . As usual there will be loads of hype from people who probably haven’t even seen the system. So what is it all about?
forex powerband dominator
The forex Powerband Dominator is a very simple method that places a lot of emphasis on bollinger bands & price action. Those of you who follow my methods know that bollinger bands have always played a part in my own forex strategies, but since Dean started developing this sytem fully I have too have started to pay more & more attention to their significance.
The Forex Powerband Dominator package
The Forex Power Band Dominator itself is made up of three main sections. The first segment contains a 49-page manual, the second has over 20 high-quality instructional videos and the third consists of two trade schematics or “cheat sheets.”
The manual that comprises the first section explains topics relevant to Dean’s trading method clearly and concisely with plenty of colorful graphical illustrations.
The second section is comprised of educational videos on topics that parallel those presented in the manual. If you are an experienced trader you can pass on most of these and only need to watch the “how the Forex Powerband Dominator trading system works” video.
As an experienced trader I do find a really useful part of the package are the set of two one-page “cheat-sheets” that comprise the 3rd section of the Forex Powerband Dominator package. These cheat-sheets neatly and succinctly summarize Dean’s trading plan decision tree in a graphical color-coded format consisting of text boxes and arrows. One of the sheets covers buy trades, while one covers sell trades, and they could easily be posted side-by-side on your wall to keep them handy while you comb the market looking for juicy forex trading opportunities.
Dean Saunders claims that 70-80% of trades recommended by his trading method will be successful, with such winning trades being considerably more profitable than losers. With the large targets he is aiming for on longer time frames this kind of system can be successful with only a 30/40% success ratio. Of all the products that are launched every week, this does look to have a good chance of success. If you would like to know more, Click Here!
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