Trading Signal
Short Position (EP) : 0.7242
Stop Loss (SL) : 0.7279
Take Profit (TP) : 0.7168
Description
A6H2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (0.7242) and place stop after 0.618 level (0.7279). Once the position was hit, place take profit before an agreement (0.7168)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.0001 = +-$10/std-contract
Commission fee = -$4.94/std-contract
EP to SL = $0.0037 = -$370
Contract size to open = 27 standard contracts
EP to TP = $0.0074 = +$740
Expected Result
Commission Fee = -$133.38
Loss = -$9,990
Gain = +$19,980
Risk/Reward Ratio = 1.96
Short Position (EP) : 0.7242
Stop Loss (SL) : 0.7279
Take Profit (TP) : 0.7168
Description
A6H2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (0.7242) and place stop after 0.618 level (0.7279). Once the position was hit, place take profit before an agreement (0.7168)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.0001 = +-$10/std-contract
Commission fee = -$4.94/std-contract
EP to SL = $0.0037 = -$370
Contract size to open = 27 standard contracts
EP to TP = $0.0074 = +$740
Expected Result
Commission Fee = -$133.38
Loss = -$9,990
Gain = +$19,980
Risk/Reward Ratio = 1.96
Trade active
Trade closed: stop reached:
-$10,123.38 (-1.01%)