abdullatrader
Education

A Simple Trading Setup - 3 Rules.

BITFINEX:XRPUSD   XRP / U.S. Dollar
Hi traders!

Here is an educational post for a trading setup that works on all time-frames (works really well!).
The two methods you can trade this setup is:

1. Before a breakout: Once you have at least 3 points ( support and resistance ) levels marked, you may enter a long trade and have the stop loss placed on the first support marked. So for the case above, support 1 will be your stop loss.

2. After a breakout: Once you have a breakout, place your stop loss if the last support breaks (marked as 4 in the above chart).


Let me know if you have any questions.
It would be great if I can see some of your examples :)


Regards, Abdulla
All charts posted are for educational purposes only - I don't sell signals or give any courses. Enjoy :)!
Tradingview needs more people like you! Thanks AAlFadhala!
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Good Day Sir
what do you think rippel wil do in the net 2 years for a long term investment?
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I will buy at 0.60$
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The best trading setup for XRP would be none atall
+3 Reply
thanks
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@Ronnaritta, no worries :))
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Hi, good post Thanks for sharing ideas and knowledge.
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@gusccbb, Thank you!!
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as Arabian, I proud of you
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