System Review - 10 Minute Forex Wealth Builder - Get Started !

Today, I am going to examine the 10 Minute Forex Wealth Builder (10MFWB) system by Dean Saunders, which is currently ranked 4th in the popular list.

Top 5 Forex Systems (By popularity)

1. Forex Autopilot: "Auto-pilot expert advisor system that turbo-charged profits" (Read all reviews)
2. Forex Killer: "The work from home day-trading solution" (Read all reviews)
3. Forex Tracer: "Expert advisor that signals and mines profits in the forex markets" (Read all reviews)
4. 10 Minute Forex Wealth Builder: "Dean Saunders's revolutionary forex trading methods"
5. Ace Forex System: "100% mechanical, set-and-forget, powerful system"

(Source: Clickbank)

Inside the Member Area, customers are being taught to operate two separate trading systems. I've gone through all the materials and there's no trap of information overload. You'll find easy-to-understand system manuals, straight-to-the point video instructions and some real live trade examples.

You'll learn how to to spend 10-15 minutes of your time everyday to spot the right trading setups and setting up orders. You'll be looking at the daily charts and using the simple instructions to identify breakout and swing patterns.

The 10MFWB System consists of:

End-of-day Breakout Method - which targets 100 -200 pips per trade in 8 different markets, uses a fixed reward-risk return of 2-to-1 and trades typically last 2 -4 days

Longer-term Swing Method - which targets 200 - 400 pips per trade, with a flexible reward-risk return of 2-to-1 or better and trades typically last 3 -7 days

Once you have learned how to place orders and the required stops & take profit levels, all that is left to do is go about your everyday life and check back tomorrow evening to see how the trade has developed. This trading style suits anyone who can not stay in front of the computer.

I can see that both the systems have their own technical advantages. Their methods of taking profits are realistic for that using the daily chart setup. Not only the levels can be hit the most often, but also ensure that you're already making money as long as you can achieve more than 33% winning trades.

If your psyche is to become a successful Swing Trader or End-of-Day Trader, looking to open 2-5 quality trades per week, you'll stand a good chance of doing well by simply picking the brain of Dean Saunders at this learning stage and then systematically improving your game plan as the trading progresses.

p.s I'll be doing my next review posts on forward-test results and trade analysis.

p.s.2 There is a popular forum thread which happens to discuss similar breakout technique used in 10mfwb but running on different trade entering strategies. It could be confusing at first due to the overloaded info, but definitely, worth visiting.

p.s.3 View track record of 10-Min Forex Wealth Builder