CRYPTO: XRPUSD EASY TRADE
Based on our on strategy, we have execute a long position on XRPUSD at the price of 1.5491 and we set our stop loss at 1.4616 according to our strategy. The market moved smoothly and meet our requirement of using our Tracking Take Profit .Still, according to our strategy, we moved our stop loss to the price of 2.5131. The market made it to the highest price of 2.9000. In this period, we did not found any place that fulfill our requirements of our strategy to move our stop loss. The market went down finally and hit our stop loss. The stop order was executed successfully. The total risk and reward ratio is 11.02.
1) This is an easy trade for us as the market went up smoothly. There are not much fight in a trader's mind. However, we do not assume all trades would be easy as this trade. A trader's patience is still a very important.
2) Follow for more. I will share my trading thoughts, plans and summary of trades I made recently. Stay tune :)
1) This is an easy trade for us as the market went up smoothly. There are not much fight in a trader's mind. However, we do not assume all trades would be easy as this trade. A trader's patience is still a very important.
2) Follow for more. I will share my trading thoughts, plans and summary of trades I made recently. Stay tune :)
Note
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