CAD Future SEP18 (1d)
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Trading Signal
Short Position (EP) : 0.76105
Stop Loss (SL) : 0.76325
Take Profit (TP) : 0.75455, 0.74815
Description
E6 formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (0.76105) and place stop after 0.618 level (0.76325). Once the position was hit, place take profit before an agreement (0.75455) and 0.74815
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.47/contract (Standard)
EP to SL = $0.0022 = -$220/contract (STD)
Contract size to open = 6 standard contracts
EP to TP#1 = $0.0065 = +$650 (STD)
EP to TP#2 = $0.0129 = +$1,290 (STD)
Expected Result
Commission Fee = -$29.64
Loss = -$1,320
Gain#1 = +$1,950
Gain#2 = +$3,870
Total Gain = +$5,820
Risk/Reward Ratio = 4.31
Short Position (EP) : 0.76105
Stop Loss (SL) : 0.76325
Take Profit (TP) : 0.75455, 0.74815
Description
E6 formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (0.76105) and place stop after 0.618 level (0.76325). Once the position was hit, place take profit before an agreement (0.75455) and 0.74815
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.47/contract (Standard)
EP to SL = $0.0022 = -$220/contract (STD)
Contract size to open = 6 standard contracts
EP to TP#1 = $0.0065 = +$650 (STD)
EP to TP#2 = $0.0129 = +$1,290 (STD)
Expected Result
Commission Fee = -$29.64
Loss = -$1,320
Gain#1 = +$1,950
Gain#2 = +$3,870
Total Gain = +$5,820
Risk/Reward Ratio = 4.31
