Forex Powerband Dominator

ForexPowerbandDominator – manual Forex trading system

• Works on any time frame
• Any currency pair

Good for scalping as well as long term trading.

The system is sold in a package of:

• Comprehensive Manual
• Forex Powerband Dominator
• Cheat Sheets

Video Module 1: Platform & Charting       Trading platforms        Opening a demo account with MT4     MT4 basics & chart customisation       Placing trades in MT4

Video Module 2: System Mechanics Part 1

Support and resistance & round numbers     Plotting support and resistance     The 200ema & 365ema

Video Module 3: System Mechanics Part 2

Candlestick basics     Candlestick formations part 1     Candlestick formations part 2

Video Module 4: The System

System indicators     B setup and entries     A setup and entries     Stop loss     Time frames

Video Module 5: Position Management

Moving to break even     Profit Targets

Video Module 6: Live Trades     Live Trade 1     Live Trade 2

Video Module 7: Tips For Success

Tips For Success

BONUS Video Module 8:  Divergence Dominator

Trading Divergence Part 1     Trading Divergence Part 2

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– Your personal license will cover one demo account and one “live” account.
– It will never expire and there are NO “monthly fees” or any other recurring charges for use

File type and requirements:

-This is a digital item! (Download membership area link)
-You will Need: MetaTrader 4.0 platform.
– The files you’ll get is ZIP archive.

Winning Forex Trading System

Announcing A Simple, Easy To Understand And Use Strategy For ‘Stealing’ £200-£500 A Week From The Forex Market.

Please allow me to introduce myself, my name is Linda Forrester,  I am a housewife and single mum and I  look after my children full-time. 

I started trading the markets nearly five years ago to earn some much needed extra cash in order to provide my family a few extra treats, but once I learned the basics I became totally obsessed with Financial Trading and have subsequently learned everything I can on the subject. 

I still trade part-time as the family still takes up most of my time, but my strategy allows me to ‘work’ whenever I have a spare few hours during the day.

Part Time Hours But Full Time Wages

With this Forex Trading Strategy you can earn consistent profits by trading early in the morning, after work in the evening or all through the day (as I do) 
I take my children to school in the morning and trade during the day, along with seeing friends and family and (sadly) doing the housework!

This trading system allows me to be my own boss, working when it suits me, without the traditional burdens of being self-employed. No customers to worry about, no long hours, no large business expenses and no office/factory to rent.
My family is the main part of my life – and using this method to trade the Forex market I can continue to spend time with them, while still earning my wages.

I Reveal The Secrets The Pro Traders Would Prefer To Keep To Themselves (And I Don’t Blame Them!!)

I was fortunate when I realised the fantastic potential that financial trading may provide me, as I had a friend who worked in the City of London for Deutsche Bank. His work in the field of commercial trading system design allied to human behaviour was invaluable to me.

Contrary to popular belief, simple is best when it comes to earning money in Foreign Exchange (Forex) I have seen many over-complicated systems with countless numbers of indicators, but he showed my exactly how price action impacts on various markets, how to trade without technical indicators as well as showing me how the professionals earn their money in the Square Mile. You would be amazed how ‘down-to-earth’ it really is!

This trading system will suit seasoned professionals and newcomers equally as well. If you already trade full-time and have a profitable system you use, this strategy can be added to your arsenal for extra money each day. 

If you are new to trading, this is an ideal way to begin trading as it is very simple and easy to understand and requires no prior knowledge of trading the markets. 
If you have never looked at a price chart before, I will lead you through all you will need to know from choosing a trading platform, opening an account, configuring the charts – in fact everything you need to become a full or part time financial trading professional.

The trading system can be used on 5 minute charts up to daily and weekly charts, so you can choose the timeframe that suits your financial trading style. I personally have my favourite timeframes, and I will show you what I believe to be the advantages of these over others.

you will load up the amount of data as it appears to your computer:

What It Says On The Website

Perfect Forex Trading is advertised as a “simple, easy to understand and use strategy for ‘stealing’ £200 – £500 a week from the Forex market”, all for under £30.

Linda is a housewife and a single mum who looks after her children full-time. She started “trading the markets nearly five years ago to earn some much needed extra cash in order to provide my family a few extra treats”. She has subsequently learned everything she can on the subject and her strategy now allows her to ‘work’ whenever she has a few spare hours during the day.

The Perfect Forex Trading system reveals the secrets “pro traders would prefer to keep to themselves”. It was put together with the assistance of “a friend who worked in the City of London for Deutsche Bank. His work in the field of commercial trading system design allied to human behaviour was invaluable”. Linda learnt “simple is best”, “how price action impacts various markets” and “how to trade without technical indicators”. The system, based on these principles is deemed suitable for beginners and experienced traders alike. It can be used on any instrument and any timeframe from the 5 minute to the daily.

The Material

A 21 page pdf (manual) is delivered via email after signing up. After a couple of pages about Spread betting and brokers the manual get into guts of the system and describes the chart set up. The preferred instrument list is EURUSD, GBPUSD, USDJPY and AUDUSD, but any instrument at all can be traded. The 15 minute timeframe is recommended as the absolute minimum.

The Price action/Entry signal is quite clearly defined (or so we thought!) over half a dozen pages or so including an adequate number of examples. Targets are specified as “do not be greedy”, aim for “a few trades a day” and “15 to 20 pips” for each trade on the 15 minute timeframe, 30 pips on the 1 hour. Stop loss is a reasonably standard above/below the previous High/Low.

Some basic candlestick patterns are explained as is the fact that if they are learnt and observed the system can be made more profitable.

The System

It takes literally seconds to set this system up, a candlestick chart with your preferred timeframe and chosen instruments. Even those completely new to trading will be set up within a couple of minutes, maximum.

Core to the strategy is Trend observation, on the basis of Higher Highs/Higher Lows and Lower Lows/Lower Highs. We would suggest beginners may take a while to grasp this concept including the actual Entry criteria which is based on identifying specific Price action which interrupts this popular sequence.

Can It Work

We first decided which instruments and timeframes to trade and settled on the instruments identified in the manual, EURUSD, GBPUSD, USDJPY and AUDUSD. Gold was also added as Linda clearly favours this instrument based on her regular updates. We then chose the 15 minute timeframe and the 08:00 – 12:00 CET trading window.

Our Stop loss was the first thing we worked out for each trade, the previous High/Low depending on the trade direction, using 15 (pips) as a minimum (for Gold we used 5 points). If the previous High/Low was more than 15 pips away we increased the Stop to this level and also adjusted the Target to be the same. Thus, every trade was on a 1:1 Risk:Reward basis.

Below is a list of our actual trades (times in CET):

Date Time Instrument Direction Result Actual
22-Nov-10 10:15 USDJPY Long Lost -15
25-Nov-10 9:45 USDJPY Long Won 15
25-Nov-10 8:00 AUDUSD Long Won 25
29-Nov-10 8:00 EURUSD Long Won 36
1-Dec-10 8:15 USDJPY Short Lost -30
8-Dec-10 9:15 Gold Long Won 45
9-Dec-10 9:00 EURUSD Short Won 30
8-Dec-10 11:30 GBPUSD Long Won 40
13-Dec-10 11:15 Gold Short Lost -30
17-Dec-10 11:45 Gold Short Won 40
13-Dec-10 8:00 EURUSD Long Won 25
16-Dec-10 9:30 AUDUSD Long Lost -33
17-Dec-10 9:15 AUDUSD Short Won 23

This works out at 13 trades, 4 losers and 9 winners or a net +10% based on 2% risk per trade.

This is a reasonable return over a 4 week period to say the least however there is a complication here. Although the Entry criteria appears to be mechanical and is quite clearly defined, in practice we found it was not. On a number of occasions there was a reasonable amount of room for discretion:

• When two of us were trading this system together it took some time, more often than not, for us to agree if a set up was valid or not.
• Again, with two heads on the subject, we agreed with only 1 out of the dozen or so trades reported in Linda’s frequent updates during the same period (those which were for the instruments and timeframe we traded).

The Perfect Forex Trading system may suit some who are willing to put the time in and try and get in sync with the strategy and achieve those reported results, the vendor has not had a losing day for months.

We just think this is one of those systems we just “didn’t get”. Perhaps it’s just us!

Note: We did not include any of the discretionary candlestick aspects suggested to try and keep Entry as mechanical as possible.

Support

Usually within 24 hours.

Summary

PRO’s
• Easy to set up.
• Profitable albeit on a discretionary basis.

CON’s
• Big time commitment (lot’s of screen time) for few opportunities.
• We did not find it mechanical or simple and easy to understand and were completely out of sync with the vendor in terms of our trades and those reported.
• Beginners would probably be more suited starting elsewhere – Even with “two heads” we struggled to “get it”.

Delivery to your PayPal email address within 24 Hours of payment confirmation.

Completing units:

Forex Powerband Dominator mt4 ea forex system 

BONUS Winning Forex Trading System

Market Sales Price: $99,but we sell lot more lower than that to share the opportunity with you!

Serving Professional Traders Since 2008

Once purchased I will email you the files within 20 minutes and not more than 48 hours to your email, if there a delay, please be patience receiving your files