Gold Future APR18 (COMEX)

Trading Signal
Short Position (EP) : 1338.2
Stop Loss (SL) : 1339.1
Take Profit (TP) : 1336.0, 1333.6

Description
GC1! reached day resistant line and formed Double Repo Sell at 30m time frame. Trade setup with sell limit at 0.618 Level of FR (1338.2) and place stop after 0.382 Level of FR (1339.1). Once the position was hit, place take profit before an agreement (1336.0) and 1333.6

Money Management
Money in portfolio : $26,000
Risk Management (1%) : $260

Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$4.74/contract (Standard)
EP to SL = $0.9 = -$90/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $2.2 = +$220 (STD)
EP to TP#2 = $4.60 = +$460 (STD)

Expected Result
Commission Fee = -$14.22
Loss = -$270
Gain#1 = +$440
Gain#2 = +$460
Total Gain = +$900
Risk/Reward Ratio = 3.17