Trading Signal
Short Position (EP) : 0.75995
Stop Loss (SL) : 0.7632
Take Profit (TP) : 0.75345
Description
D6H2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (0.75995) and place stop after 0.618 level (0.7632). Once the position was hit, place take profit before an agreement (0.75345)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.00005 = +-$5/std-contract
Commission fee = -$4.94/std-contract
EP to SL = $0.00325 = -$325
Contract size to open = 31 standard contracts
EP to TP = $0.00650 = +$650
Expected Result
Commission Fee = -$153.14
Loss = -$10,075
Gain = +$20,150
Risk/Reward Ratio = 1.96
Short Position (EP) : 0.75995
Stop Loss (SL) : 0.7632
Take Profit (TP) : 0.75345
Description
D6H2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (0.75995) and place stop after 0.618 level (0.7632). Once the position was hit, place take profit before an agreement (0.75345)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.00005 = +-$5/std-contract
Commission fee = -$4.94/std-contract
EP to SL = $0.00325 = -$325
Contract size to open = 31 standard contracts
EP to TP = $0.00650 = +$650
Expected Result
Commission Fee = -$153.14
Loss = -$10,075
Gain = +$20,150
Risk/Reward Ratio = 1.96