Trading Signal Long Position (EP) : 1330 Stop Loss (SL) : 1327 Take Profit (TP) : 1339, 1347
Description GC1! future formed Double Repo Buy at 4h time frame. Buy Limit position at 1330.0 When the position has entered, place first take profit with 2/3 contract before an agreement 1339 and place stop loss at 1327. When the first target reach, shift stop loss to break even (1330) and wait until the rest contract or second profit will be reached (1347)
Position Sizing 1 Tick value = +-$100 Commission fee = -30/contract EP to SL = 3 Tick value = -300/contract Contract size to open = 3 contracts EP to TP = 9 tick value = +$900, 17 tick value = +$1,700
Expected Result Loss = -$990 Gain = +$3,410 Risk/Reward Ratio = 3.44