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Day Trading with SaneFX Gold

    Using the 15 or 30 minute charts, several currency pairs can be successfully day traded with SaneFX Gold. The indicator picks out the short-term trend with amazing accuracy and allows several profitable trades a day of 40+ pips. The trend is your friend and the best SaneFX Gold trade is when the indicator shows the same trend on the daily, 4 hour, 1 hour, 30 minute, 15 minute and 5 minute charts. This is a 'supertrend' and yields a very high success rate.

   The advantage of trading this way is that we are unlikely to get early short-term moves against our trade. It is highly beneficial to go into profit immediately after opening a trade and it allows us to quickly move our stop to limit any losses.

USD/JYP 30 Minute Chart

    Of course, sometimes the chart moves erratically and we lose money but the winning trades will bring in far more profit than the occasional losers. It greatly improves results to be able to identify good conditions as shown above. It is easy to become confident in the ability of the SaneFX Gold indicator to pick the start and end of every trend. Notice from above that it is rarely fooled by short retracements, indicating the trade should be closed before a big loss is suffered.

    SaneFX Gold is versatile and can be used in many different ways according to the conditions, the frame of mind of the trader and the time available. From day to day, the best time frame and suitable currency pairs will vary - beware of systems that have a 'fit all' strategy! With the SaneFX Gold technique, you will learn to identify potentially profitable pairs and which time frame to use. For example, today was a great day on the USD/CHF 15 minute chart with an easy 120 pips in 5 out of 5 trades. Some days, it's hard to make a profit anywhere...