I started trading XLM in 2018 when trading was strictly btc based. Then it seemed to lay low for a year and a half till late 2020. Staring last November XLM started making a real nice wave pattern on the MacD 1 D. Since XLM is a longterm stable coin in the crypto world, it provides a great example of the trade on the MacD dots.
For the last three years I’ve been trying to figure out a trading strategy that works for me. You see, I don’t have five big computer screens showing me the actual electronic pulse of crypto space that I can glue myself to. I got a job. I cook in the house. I try and go fishing occasionaly. I don’t want to be fretting and worrying about a trade I make. Nor do I have time to be “on it” all the time. What to do says I.
Then a postulation. What if one just traded following the MacD 1 D dots.
I was giddy with excitement.
Could this be a concept? Could this allow me to trade oh with ease on my shoulders and good sleeps at night. Lets us use the last XLM MacD 1 D wave that started November 07 and SEE if this concept could actually work.
To even make it more for me, I’ll just admit up front that I miss the lower buy dot and the upper sell dot by 1 day. You know, because I have a job, and gotta cook and fish once in a while. I also roughly estimated the purchase price on that day to keep math simple. Let’s use an initial invetsment of $1,000 so it’s easy to see where we end up.
1st trade buy - Nov 07 @ 0.08 sell - Dec 05 @ 0.16 result - +100% = $2,000
inconsequential (incon) trade - Dec 19/21
An inconsequential trade is basically an in and out. It has no great effect on the outcome so I didn’t include them in the math. I show them because they happen. Fortunately, there are only two during this time period.
2nd trade buy - Jan 06 @ 0.33 sell - Jan 18 @ 0.29 result - - 14% = $1,720
3rd trade buy - Feb 01 @ 0.31 sell - Feb 21 @ 0.50 result - +61% = $2,769
Man I wish I really did this because I’d be pretty happy right now. Anyway, life isn’t that simple. Of course I do due diligence, I follow some social media, although I find it thick with too much comment. I also utilized all the time frame MacD’s as well as other indicators to get a good overall and specific picture when choosing a buy in / sell out.
Therein lies the basis of the concept.
So where now XLM ?
Well the 5th pretend trade is active. I believe we’ll see another uptrend ossilation with the high perhaps 0.90 or maybe even that elusive yet shinny penny man.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.