Trading Signal
Short Position (EP) : 1.23955
Stop Loss (SL) : 1.24195
Take Profit (TP) : 1.23425
Description
E61! formed Double Repo Sell at 4h time frame. Trade setup with sell limit at 0.382 level (1.23955) and place stop loss at 0.618 level (1.24195). Once the position was hit, place take profit before an agreement (1.23425)
Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365
Position Sizing
0.00005 = +-US$6.25
Commission fee = -$2.47/contract
EP to SL = 0.00024 = -$300/contract
Contract size to open = 1 contracts
EP to TP = 0.00520 = +$650
Expected Result
Commission fee = -$4.94
Loss = -$300
Gain = +$650
Risk/Reward Ratio = 2.13
Short Position (EP) : 1.23955
Stop Loss (SL) : 1.24195
Take Profit (TP) : 1.23425
Description
E61! formed Double Repo Sell at 4h time frame. Trade setup with sell limit at 0.382 level (1.23955) and place stop loss at 0.618 level (1.24195). Once the position was hit, place take profit before an agreement (1.23425)
Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365
Position Sizing
0.00005 = +-US$6.25
Commission fee = -$2.47/contract
EP to SL = 0.00024 = -$300/contract
Contract size to open = 1 contracts
EP to TP = 0.00520 = +$650
Expected Result
Commission fee = -$4.94
Loss = -$300
Gain = +$650
Risk/Reward Ratio = 2.13