Trading Signal
Long Position (EP) : 2660
Stop Loss (SL) : 2617
Take Profit (TP) : 2740
Description
SP1! future is about to form Double Repo Buy at 4h time frame. Buy stop position at 0.618 level of FR (2660) When the position has entered, place take profit before an agreement (2740) and place stop loss at 2617
Money Management
Money in portfolio : $53,000
Risk Management (2%) : $1,060
Position Sizing
1 Tick value = +-$48
EP to SL = 43 Tick value = -$2,064/contract
Contract size to open = 1 contracts
EP to TP = 80 tick value = +$3,840
Expected Result
Loss = -$2,064
Gain = +$3,840
Risk/Reward Ratio = 1.86
Long Position (EP) : 2660
Stop Loss (SL) : 2617
Take Profit (TP) : 2740
Description
SP1! future is about to form Double Repo Buy at 4h time frame. Buy stop position at 0.618 level of FR (2660) When the position has entered, place take profit before an agreement (2740) and place stop loss at 2617
Money Management
Money in portfolio : $53,000
Risk Management (2%) : $1,060
Position Sizing
1 Tick value = +-$48
EP to SL = 43 Tick value = -$2,064/contract
Contract size to open = 1 contracts
EP to TP = 80 tick value = +$3,840
Expected Result
Loss = -$2,064
Gain = +$3,840
Risk/Reward Ratio = 1.86
Trade closed: target reached