Trading Signal Short Position (EP) : 63.60 Stop Loss (SL) : 63.67 Take Profit (TP) : 63.38, 63.17
Description CL1! formed Double Repo Sell at 30m time frame. Trade setup with sell limit at 0.618 level of FR (63.60) and place stop loss after 0.382 level of FR (63.67). Once the position was hit, place take profit before an agreement zone (63.38) and 63.17
Position Sizing $0.01 = +-$10 (Standard) Commission fee = -2.37/contract (Standard) EP to SL = $0.07 = -70/contract (STD) Contract size to open = 5 standard contracts EP to TP#1 = $0.22 = +$220 (STD) EP to TP#2 = $0.43 = +$430 (STD)
Expected Result Commission Fee = -$23.7 Loss = -$350 Gain#1 = +$660 Gain#2 = +$860 Total Gain = +$1,520 Risk/Reward Ratio = 4.07