Powerband forex trading system

Powerband forex trading system

By: Vlad_55 Date of post: 25.06.2017

Please contact us via email: The system is recommended for the Daily or 4 hour charts.

Dean Saunder's "Power Band" Trading System

Dean personally uses the 4 hour charts, although the system will work on any timeframe except the 1 minute chart. Any charting package can be used, so no MT4 indicators or templates here. The manual is 49 pages long and is, as expected from Dean, well written and comprehensive. The first dozen or so pages cover installation and charting basics so can be skipped by those with previous experience.

Fortrade – Online Currency and CFD Trading | Advanced Trading Platforms | Trade Currency Pairs

Mostly well explained material that is both common sense and knowledge to those not new to trading. Both are quite similar and are primarily based on Bollinger bands, Stochastics and Price action.

Entries and Stops are clearly defined and Targets are based on Bollinger bands so they are also quite clear.

powerband forex trading system

Though, it does state that those wishing for more action can drop down to the 1 hour or even 15 minute timeframes. Worthy of a mention are the two Cheat sheets, one for Buy set-ups and one for Sell set-ups.

These are one pager overviews of the system and all you will really need to reference if trading grey goose stock market system. The system is really easy to set-up on any half decent charting package which supports Moving averages, Bollinger bands and the Stochastic indicator.

As mentioned above, Entries and Stops are easy to determine with Targets being based largely on Bollinger band location. As many of you are aware, powerband forex trading system to timing we cannot trade Daily candles powerband forex trading system we went with the other recommended timeframe, 4 hours.

We at Systems For Traders all agreed that the indicators and basics of the system are technically sound. They are so technically sound in fact that all of us in some shape or form incorporate at least some of the aspects in our own trading already.

Back-testing, a quick scan over recent months, varied between us, 3 of us performed the exercise. However, based on the eye-balling we did across the 9 pairs on the 4 hour time-frame we all agreed that, generally speaking the system could be profitable.

To summarise, a good footing for those new to trading. However, there is nothing new here that cannot be obtained free from the many Forex resources out there. The main difference being that the sound and common concepts have been consolidated and packaged as a complete system, and the jobs a good one to be honest.

Power Band Forex Swing Trading System

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Your cart 0 No products in the cart. Forex Powerband Dominator Size Trading Courses, Seminars, Videos Tag: The package comes with: The sections on Trade and Money management again, provide sound advice to those new to trading.

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