S&P 400 MIDCAP E-MINI FUTURES (MAR 2019), 1D, CME_MINI
Trading Signal
Short Position (EP) : 1767.7
Stop Loss (SL) : 1783.2
Take Profit (TP) : 1736.7
Description
EWH2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (1767.7) and place stop after 0.618 level (1783.2). Once the position was hit, place take profit before an agreement (1736.7)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.1 = +-$10/mini-contract
Commission fee = -$4.1/mini-contract
EP to SL = $15.5 = -$1,550
Contract size to open = 2 standard contracts
EP to TP = $31 = +$3,100
Expected Result
Commission Fee = -$8.2
Loss = -$3,100
Gain = +$6,200
Risk/Reward Ratio = 1.99
Short Position (EP) : 1767.7
Stop Loss (SL) : 1783.2
Take Profit (TP) : 1736.7
Description
EWH2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (1767.7) and place stop after 0.618 level (1783.2). Once the position was hit, place take profit before an agreement (1736.7)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.1 = +-$10/mini-contract
Commission fee = -$4.1/mini-contract
EP to SL = $15.5 = -$1,550
Contract size to open = 2 standard contracts
EP to TP = $31 = +$3,100
Expected Result
Commission Fee = -$8.2
Loss = -$3,100
Gain = +$6,200
Risk/Reward Ratio = 1.99
Trade active
Trade closed: stop reached:
-$3108.2 (-1.11%)