TradingView
SuppasitWechprasit
Jan 30, 2019 10:35 PM

S&P 500 E-MINI FUTURES (MAR 2019), 1D, CME_MINI Long

E-mini S&P 500 Futures (Mar 2019)CME

Description

Trading Signal
Long Position (EP) : 2652.75
Stop Loss (SL) : 2637.5
Take Profit (TP) : 2700.5, 2730

Description
ESH2019 formed Double Repo Failure Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (2652.75) and place stop after 0.618 level (2637.5). Once the position was hit, place take profit before an agreement (2700.5) and 2730

Money Management
Money in portfolio : $1,000,000
Risk Management (0.5%) : $5,000

Position Sizing
$0.25 = +-12.5/STD-contract
Commission fee = -3.34/STD-contract
EP to SL = $15.25 = -$762.5
Contract size to open = 7 standard contracts
EP to TP#1 = $47.75 = +$2,387.5
EP to TP#2 = $77.25 = +$3,862.5

Expected Result
Commission Fee = -$23.38
Loss = -$5,337.5
Gain#1 = +$9,550
Gain#2 = +$11,587.5
Total Gain = +$21,137.5
Risk/Reward Ratio = 3.94
More