XRP/USD Long Turtle S1 Breakout trigger (20-Sep-18)
Updated
For details of the strategy used for this trade (and historic performance) see linked trade below. I have realised 16% gains over the past 3 month bear market.
XRP has just shot through it's 20 day high so I have entered into long position (P1 & P2). Level for P3 is shown on chart and will be executed if reached.
As always position size is 1N. Stop Loss is at 2N (2% of portfolio size) of latest position (e.g. P2). Exit at 10 day low (as shown) so this is currently not in play. The exit will move over time and if it comes into play I will update on the trade.
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
XRP has just shot through it's 20 day high so I have entered into long position (P1 & P2). Level for P3 is shown on chart and will be executed if reached.
As always position size is 1N. Stop Loss is at 2N (2% of portfolio size) of latest position (e.g. P2). Exit at 10 day low (as shown) so this is currently not in play. The exit will move over time and if it comes into play I will update on the trade.
This is not investment advice. Please always do your own research. If you are interested in this trade or the Turtle strategy in general then please follow me and my turtle trades.
"Luck is what happens when preparation meets opportunity"
If you want to know more about Turtle trading then follow me and my trades. If I get enough people interested I can update TradingView more frequently with my levels so people can copy trade. Peace.
Note
P3 active. Stop Loss moved up to 0.33297 as below.Note
10 day low exit has increased to 0.434 so is now active (as above Stop Loss). Trade now in guaranteed profit.P1: 3.4%
P2: 2.92%
P3: 2.39%
Trade active
10 day low exit has increased to 0.4698 as shown below. Price is now very close to this exit level so trade could be closed soon.Guaranteed profit levels now at:
P1: 4.95%
P2: 4.48%
P3: 3.95%
Trade closed: target reached
Exit level reached and trade closed at 0.46283. Overall trade profit of 12.47%.Overall profit for all Turtle trades now 24.33%. See related idea for a summary of all trades.
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