XLMUSD
Trend
- Uptrend in major timeframe could confirm when price breakout / stand over 0.5
Possibility
- Range in 0.25-0.5 waiting for market choose direction
Key support - resistance
- 0.25 Latest Low
- 0.35 ( 61.8% retracement from All Time High)
- 0.5 ( 50% retracement from All Time High)
Chance for investor
Entry - Buy zone : 0.25-0.5
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 )
Buy 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 XLMUSD by SL=0
- Can gain risk up to 10-35% (kelly criterion)
Notes
- Trader could use Grid strategy to generate cashflow/Collect coin-CFD contract at Grid 0.25 0.3 0.35 0.40,
- Cashflow can generate capital-margin for position at 0.5 or lower
- Invest with size that you could accept loss
- This strategy is good for investor whom believe in performance of product XLMUSD - longterm