XRPUSD Buy Strategy (investor style)

25 feb 2018

XRPUSD
Trend
- Uptrend in major timeframe could confirm when price breakout / stand over 1.2

Possibility
- Range in 1.2 - 0.7 waiting for market choose direction

Key support - resistance
- 1.2 (61.8% retracement from All Time High)
- 0.7 Latest Low

Chance
Entry - Buy zone : 0.7-1.2
TP : All Time High , All Time High+
SL : 0 (Leverage 1-1 Buy and hold)
- For high volatile product

Risk-Reward - Expected Return
At Entry point 50% All time high ,TP at All Time High
- RiskReward=1, (if TP higher than All Time High : RiskReward will be 1.x )
Margin $1000 at 50%All Time High can growth up to $2000 at All time high
- You could gain Risk-Reward by Buy below it (50%)

money-portfolio management
SL=0, Margin use 10-35% of portfolio
ex. Portfolio size $10000 , use 10% ($1000) as Margin to trade XRPUSD by SL=0
- Can use up to 10-35% (kelly criterion)

Notes
- Trader could use Grid strategy to generate cashflow/Collect coin-CFD contract at Grid 0.7 0.8 0.9 1.0 1.1 1.2,
- Cashflow can generate capital-margin for position at 1.2
- Invest with size that you could accept loss
- This strategy is good for investor whom believe in performance of product XRP/USD , and Ripple company (AS Value investor) - longterm