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)
Money Management
Money in portfolio : $48,000
Risk Management (2%) : $960
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
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)
Money Management
Money in portfolio : $48,000
Risk Management (2%) : $960
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