SuppasitWechprasit
Long

E-Mini S&P 500 Future JUN18 (CME)

CME_MINI:ES1!   S&P 500 E-mini Futures
Trading Signal
Long Position (EP) : 2754
Stop Loss (SL) : 2752
Take Profit (TP) : 2762.25, 2769.50

Description
ES1! reached supply zone at day time frame, looking for buy opportunity in lower time frame. It formed Double Repo buy at 30m time frame. Trade setup with buy limit at 0.618 level of FR (2754) and place stop loss at 0.382 level of FR (2752). Once the position was hit, place take profit before an agreement zone (2762.25) and 2769.50

Money Management
Money in portfolio : $55,000
Risk Management (2%) : $1,100

Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$24/contract (Mini)
EP to SL = $2.00 = -$100/contract (Mini)
Contract size to open = 9 mini contract
EP to TP#1 = $8.25 = +$412.5 (Mini)
EP to TP#2 = $15.50 = +$775 (Mini)

Expected Result
Commission Fee = -$264
Loss = -$900
Gain = +$5,162.60
Risk/Reward Ratio = 5.74
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