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E-Mini S&P500 Future SEP 2018 (1d)

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
Trading Signal
Short Position (EP) : 2713.25
Stop Loss (SL) : 2725.5
Take Profit (TP) : 2682, 2642.75

Description
ES formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (2713.25) and place stop after 0.618 level (2725.5). Once the position was hit, place take profit before an agreement (2682) and 2642.75

Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330

Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.05/contract (Standard)
EP to SL = $12.25 = -$612.5/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $31.25 = +$1,562.5 (STD)
EP to TP#2 = $70.5 = +$3,525 (STD)

Expected Result
Commission Fee = -$8.2
Loss = -$1,225
Gain#1 = +$1,562.5
Gain#2 = +$3,525
Total Gain = +$5,087.5
Risk/Reward Ratio = 4.13
Order cancelled
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