Gold Vein is a trading system of following the trend, based on the principle of price movement analysis. This system is used for short and medium term trading on timeframes 15, 30 and 60 minutes.
This strategy is very simple and is based on testing round price levels with checking on higher timeframes. Trailing stop and lossless transfer are used.
Forex trading with a lot of fast trades is called scalping. It assumes taking profits at short intervals of time. This is a profitable way, but it takes a lot of time, knowledge and requires constant attention of the trader.
The name of this strategy literally means “Growing Profit System”. It belongs to the swing trading category. This system assumes that after a reversal or price impulse is detected, the position is held for a few days until the next reversal.