10-minute-forex-wealth-builder (Dean Saunders) Review.
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I have been into Forex trading for over five years and when I see a good Forex strategy product I will know one. I bought Dean Sander's 10-minute-Forex-wealth-builder some time last year for $77. And then I ran a month text with on the product from my perspective and conclusion its a good guide I made good money following is steps as recommended by him.
When it comes to Forex Trading, it is solely based on the amounts of investments an individual is willing to risk and good solid knowledge in the trade business. However, one good thing Dean Sander did was introduce himself and give a little bit of background information about himself.
Most other sites there were either no author names or real proof of who wrote the selling information on their products! Having a seller give up their personal information freely does show that they are sticking with their claims, and do not fear that their product is a failure.
My final stand on this is that his ten minute strategy removes all risk developing emotional attachment to a profitable trade, unrealistic expectations and greed. Once these are eliminated, all that one requires to make profits is to know when to enter the market and where to exit. His 10 Minute Forex Wealth Builder shows the way how know them in advance.
I have both the 10 Minute Forex and the LMT system but have not stuck with either one long enough to qualify a rating. However, I do watch the LMT daily, but may wait for next year to try it again, since the majority of signals lately immediately reverse. Unfortunately, I have written Dean 3 times lately and have received no replies, but keep getting spam with his name on it.
you are doing a great job through your site, right now am not any EA and i ve not heard of the 10min wealth builder, i don't want to be exergrat the only mentor i have as for now when it comes to forex trading is no other body than FELIX. on his site am study his book on the secret of successful forex trading and i have discovered alot of secret that will help me in my trading carrier. And the greatest one among these secrets is GIVING OUT 10% either as a TITHE or to CHARITY.
Felix God will continue to strengthen you, pls don't border your self over what the scammers are doing to you put your confident in God.
please, i always analyze, correctly and sure of what, i see on my trading platform. But, at times the platform may be stagnant or not even recording any profit, in my favour where necessary. i analyze with my demo account. and its yielding profit. But, in live account, for it to record profit, the platform will rather stagnant in pretence. I have began to suspect a foul play in alpari plaform. Thanks.
I'm testing Dean's 10 minute wealth builder for a month to see the results of the system I started on 4/13/10 I also have Deans Blade forex strategy and I will be using the scalping system and you can watch my betta testing at this website. danielh. mt4stats/
Because I'm testing the system for a month I will not leave a review untill the end of my 30 days.
I recently ed Dean to see if LMT and it's support was still alive since I hadn't heard from him since September or 09. His reply came in a couple hours. I followed up with a query to see if there had been any updates since I purchased my LMT last May and gave him my clickbank receipt number. He again replied very quickly with a link to LMT 2.1.
I purchased the 10 minute forex wealth builder and looked at a lot of different pairs and saw few setups regarding his breakout system and several I found were losers or the trade would not have executed. Am I missing something? I spent several hours setting up the charts and was not impressed looking back at the history of his 8 pairs for breakout and 11 for swing trading. The pin bar has similiar failure rate. It looks like to me finding the ideal set up is very tough.
I have both the 10 Minute Forex and the LMT system but have not stuck with either one long enough to qualify a rating. However, I do watch the LMT daily, but may wait for next year to try it again, since the majority of signals lately immediately reverse. Unfortunately, I have written Dean 3 times lately and have received no replies, but keep getting spam with his name on it.
I have bought Dean Saunders LMT Forex trading system recently. The current version is 1.8. I have traded it live on the 10th & 11th June'09 after paper trading it for a week. I have traded two pairs GBP/USD from the 10-11th June and GBP/JPY on the 11th June on mini accounts. Both pairs combined made me approx $450 with little or no effort. Following the system manual is the key to using the system profitably. It provides set up signals during the week. This week the system signalled entries on five different pairs on the daily on Wednesday morning. All five pairs were in profit till 1.43am Friday AEST. I expect to trade with it next week as well. Compared to FAP TURBO which I bought and got refunded after two months after the system traded only thrice and some other systems as well, this system looks very promising even though it is a manual system. I aim to trade bigger lot sizes in a months time. Deans support is very prompt too, he is definiately not a shonk and neither is his system. I have not got paid to write this review by the way and I'm neither Australian nor Yank nor British. Hope this helps.
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Dean Saunders' Systems.
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This is a discussion on Dean Saunders' Systems within the Forex forums, part of the Markets category; Does anyone have experience of Dean Saunders' systems, please? I currently have '10 Minute Forex Wealth Builder,' which is supposed .
You joined these site since november 2003, that is almost six years ago and for God sake are you still looking for a system that in 10 minutes a day will make you rich?.
if i were you i would do either of 1) to hear aidsproule advice, i saw it and that system works or 2) give up and be happy with my job.
After six years you should be at least relatively succesfull, i started teaching a guy since may of these year and he is already making great with weekly profits ranking from 20 to 60%, whats wrong with you?
I currently have '10 Minute Forex Wealth Builder,' which is supposed to only require 10 mins a day, but it certainly takes much longer than that. I wonder if there are any users who would like to comment, please. XP.
You joined these site since november 2003, that is almost six years ago and for God sake are you still looking for a system that in 10 minutes a day will make you rich?.
if i were you i would do either of 1) to hear aidsproule advice, i saw it and that system works or 2) give up and be happy with my job.
After six years you should be at least relatively succesfull, i started teaching a guy since may of these year and he is already making great with weekly profits ranking from 20 to 60%, whats wrong with you?
". i started teaching a guy since may of these year and he is already making great with weekly profits ranking from 20 to 60% . "
# If the only tool you have is a hammer, you tend to see every problem as a nail - Abraham Maslow.
# There are 10 kinds of people in the world; those that understand binary, and those that dont. - Anon.
# Defeat is temporary. Giving up makes it permanent. Anon.
Dean sanders forex.
The sound of cold had truth Regards The Stockman. Watching the bi weekly webinars of what professional traders are planning and then actually doing is what has turned my trading around. Originally Posted dean sanders forex simbob. I'll tell you one things though, I really hope Dean takes the system down soon. Hopefully one day I can share my own knowledge as well, and give back Best wishes.
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Forex Powerband Dominator Review – Dean Saunders.
This topic contains 0 replies, has 1 voice, and was last updated by ReviewTeam 4 years, 7 months ago.
Forex Powerband Dominator Review – Dean Saunders.
To The Best Of Our Knowledge This Product Is No Longer Available.
Cost: $129 with a 60 Day money back guarantee.
What It Says On The Website.
Yes, he’s back, and “You are about to discover a deadly accurate market dominating Forex system”. It’s a system that “has never been shared with anyone” and it’s one that Dean has “kept under lock and key for over 7 years simply because it’s that powerful”.
Although the system has never been shared with anyone, “somehow the word got out” and “the number of calls and s from people desperate to learn the Forex Powerband Dominator keeps growing and growing”. The reasons, “it works with pinpoint accuracy”, “like clockwork” and “on any timeframe”.
The system owes itself to “one lucky discovery while experimenting with countless trading theory’s”. The website then continues to “tell you a story about how I found what I believe to be one of the best Forex systems on the planet”. We will not re-iterate the story here as we don’t think we could put it any better, but it does have a great ending. “The results floored me”, “I mean real knock me off my chair, leave me gasping for breath floored me”.
The system has delivered 12 winning trades in a row, not just once, “huge winning streaks are a regular occurrence” and “soon they will be for you too”. “If you can count to 3 – Recognise a simple pattern and push a button, you can make money” from the Forex Powerband Dominator.
As well as a manual, there is a selection of “high quality videos of every aspect of the system” that “take you by the hand through the whole process, from setting up your charts to identifying a setup and cashing in on the trade”. So easy in fact “a 10 year old could use it to make money”.
The package comes with:
• Video Module 1 – Platform & Charting.
• Video Module 2 – System Mechanics Part 1.
• Video Module 3 – System Mechanics Part 2.
• Video Module 4 – The System.
• Video Module 5 – Position Management.
• Video Module 6 – Live Trades.
The reasoning behind the pricing is explained as follows, “using this unique system you will literally be in the top 5% of traders worldwide”. It continues, “I’m not going to insult your intelligence like so many other guru marketers and start with a ridiculously high figure and keep putting a line through it” as “I want to help the little guy like you out”. “Most people would charge you in the high hundreds or even thousands of dollars for this information” and “sure I’d make a ton of money”, “but I’m already having great success and I want to give something back” so “the cost is just $129”.
The system is recommended for the Daily or 4 hour charts. Dean personally uses the 4 hour charts, although the system will work on any timeframe except the 1 minute chart. It has a 70% win rate though “you can easily average 80%+ wins” and “the average win is much larger than a loss”. Any charting package can be used, so no MT4 indicators or templates here.
No testimonials this time for Dean’s product, the reason being, “As I said earlier this system is something that I have kept quiet for the last 7 years, only my closest friends have ever seen it”. The intention is that testimonials will come from “real people that are starting from scratch, trading Forex and changing their lives”.
The Material.
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.
There then follows a number of chapters on Support & Resistance, Trend lines, Round Numbers, Key Moving Averages and Candle formations. Mostly well explained material that is both common sense and knowledge to those not new to trading.
The system has two set-ups, A & B. Both are quite similar and are primarily based on Bollinger bands, Stochastics and Price action. And, as mentioned above, Support & Resistance, Trend lines and Moving averages are also utilised to support the trade identification process.
Entries and Stops are clearly defined and Targets are based on Bollinger bands so they are also quite clear.
4 hour and Daily time-frames are recommended for trading this system. Though, it does state that those wishing for more action can drop down to the 1 hour or even 15 minute timeframes.
The sections on Trade and Money management again, provide sound advice to those new to trading.
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 this system.
The 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.
Trade identification is quite mechanical, say 80%, as ones interpretation of Support and Resistance, Trend lines and Candle formation come into play. 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, due to timing we cannot trade Daily candles so we went with the other recommended timeframe, 4 hours. No mention of which pairs the system is best suited to so we thought the same ones we traded LMT Forex Formula on, USD/CAD, NZD/USD, EUR/JPY, GBP/JPY, AUD/JPY, EUR/CAD, GBP/USD, AUD/USD & USD/JPY, would be appropriate.
One of the rare occasions that we didn’t actually use a system in real-time, not due to lack of time or confidence, more a lack of willing. 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. Largely due to the discretionary aspects of the system, we only had about a 75% cross-over of trades (where we would have taken the same ones). So, this is by no means a 100% mechanical system.
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. The other thing we were all in complete agreement with was that the results neither “floored us” or “left us gasping for breath”.
Can It Work.
The system has sound concepts, it’s well presented and may well be of use and interest to those new to trading. For those with more experience, we would be quite surprised if they were not aware of / already incorporate some, if not all, of the concepts, in some shape or form in their current trading.
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.
In the end though, we all reckoned that those new to trading would probably be better off with the 3 Ducks and/or The 3 Little Pigs Trading system . As free resources, based largely on the Multiple Time-Frame (MTF) Trading concept, we just think they provide a sounder building block.
We had no reason to contact support so cannot comment.
• Well written and presented material.
• Good ground for those new to trading wanting a sound base (and complete system) from which to build.
• It’s mainly common trading principles consolidated into a saleable product (but it is presented well).
• Similar material and theories are available elsewhere for free, as are alternative base strategies.
Do remember, your comments are important – If you have used or decide to use this system, please contribute to the community by reporting back your findings.
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