XRPETH trade ideas
Long XRP, Short ETHSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets.
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Hi Traders,
I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets.
This post is my sharing of how I think about systematic trading and the signals generated by the System T.
(This is my opinion only, NOT the financial advice.)
The System T is a comprehensive system which contains many components such as buy & sell signal generator, win & loss statistics, risk control & portfolio management to make sure trading is successful in the long run.
Basically, for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart.
Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement.
(*) Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.
System T performances above will give you an idea of how it performs in the last 20 years.
Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals".
Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/
Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade.
Thank you and good luck!
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DISCLAIMER:
I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.
My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only.
Do your own due diligence, and take 100% responsibility for your financial decisions.
Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading.
- Content is for education purposes only, not investment advice.
- Trading involves a high degree of risk.
- We’re not investment or trading advisers.
- Nothing we say is a recommendation to buy or sell anything.
- There are no guarantees or certainties in trading.
- Many traders lose money. Don’t trade with money you can’t afford to lose.
XRP/ETH: Selling pressure ebbing?XRP/ETH may be close to bottoming out as the daily RSI is looking to form higher lows in the oversold territory (below 30 region).
If the ratio rises above yesterday's high of 108925, a bull divergence of RSI would be confirmed. That would be a buying opportunity with a tight stop loss.
Yet another C&H XRPETH VOLUME SURGE
TP1 149540
TP2 150688
Stop 145810
Forgive me but I’m freezing my ass off and don’t have any gloves yet could not resist the urgency to publish this juicy signal spotted by the w1Z making it the 2nd C&H (alongside rapid volume accumulation) today thus far....will update later when I get out of this goddamn cold.
Disclaimer
Not financial advise
TradingView/ Linkdeln / Twitter / Stocktwits
• @a1mtarabichi
Peace & Love
(Will update later)
XRP/ETH - H4 CHARTHi, today we are going to talk about XRPETH
We observe a H4, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
XRPETH has an inverted H&S + volumeSurge In this recent sell off down to 10K s2r1 Has caused a circus jungle cluster fuck to say the least in terms of the altcoin market cap. Post sell off is always my favorite time to go “hunting” That is looking for obscure pairings that yield more ROI (in some cases in one hour) than your typical entry.
But you know the saying— easy come, easy go.
Do not get greedy and do not FOMO/FUD!
If you have already collected more than 35% + markup on a single entry and you’re an ema forex trader, then Quit while you’re ahead and move onto the next one!
Some other tokens to watch: $MCO $LINK $LTC $IOTA $TRX $ADA
I would not suggest pending against anything other than USD— So if all your TA is pointing towards what looks like an objective entry as mine has in the case of XRP/ETH — then by all means Carpe diem.
Do you know What differentiates a fomo/fud vs. an objective, analytical method?? Research. If all the indicators are present in your head & your thinking a particular entry == ready for a green light then if ur head is telling you to go for it, go for it. DO NOT Change your mind just because some douche with 1 million followers tells you otherwise.
Ultimately it’s your money and they like to pretend they know everything but In this game we are all weathermen and they don’t know anymore than you do—Assuming you know the fundamentals of forex.
With that being said here is my own technical analysis on XRP/ETH (short)
TP1: 0.00146195
TP2: 0.00148855
Stop @ 0.00142248
Disclaimer:
Not financial advise. Pairings against other coins/tokens are not encouraged and I would steer away from them unless you really know what you’re doing. We are already dealing with the most volatile & valuable global marketcap/asset (that’s BTC alone!) that never closes— This whole game is high risk high reward so don’t take any more unnecessary risks.
Set a stop loss and be prepared to shortsell.
-@a1mTarabichi