Trading Signal
Long Position (EP) : 1.181
Stop Loss (SL) : 1.17345
Take Profit (TP) : 1.199, 1.21605
Description
E6 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1.181) and place stop after 0.618 level (1.17345). Once the position was hit, place take profit before an agreement (1.199) and 1.21605
Money Management
Money in portfolio : $80,000
Risk Management (5%) : $4,000
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.47/contract (Standard)
EP to SL = $0.00755 = -$943.75/contract (STD)
Contract size to open = 4 standard contracts
EP to TP#1 = $0.018 = +$2,250 (STD)
EP to TP#2 = $0.03505 = +$4,381.25 (STD)
Expected Result
Commission Fee = -$19.76
Loss = -$3,775
Gain#1 = +$4,500
Gain#2 = +$8,762.5
Total Gain = +$13,262.5
Risk/Reward Ratio = 3.49
Long Position (EP) : 1.181
Stop Loss (SL) : 1.17345
Take Profit (TP) : 1.199, 1.21605
Description
E6 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1.181) and place stop after 0.618 level (1.17345). Once the position was hit, place take profit before an agreement (1.199) and 1.21605
Money Management
Money in portfolio : $80,000
Risk Management (5%) : $4,000
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.47/contract (Standard)
EP to SL = $0.00755 = -$943.75/contract (STD)
Contract size to open = 4 standard contracts
EP to TP#1 = $0.018 = +$2,250 (STD)
EP to TP#2 = $0.03505 = +$4,381.25 (STD)
Expected Result
Commission Fee = -$19.76
Loss = -$3,775
Gain#1 = +$4,500
Gain#2 = +$8,762.5
Total Gain = +$13,262.5
Risk/Reward Ratio = 3.49