SuppasitWechprasit

Gold Future JUN18 (COMEX)

Short
COMEX:GC1!   Gold Futures
Trading Signal
Short Position (EP) : 1347.6
Stop Loss (SL) : 1348.6
Take Profit (TP) : 1345.1

Description
GC1! formed Double Double Repo Sell at 30m time frame. Trade setup with Sell Limit at 0.382 Level (1347.6) and place stop after 0.618 Level (1348.6). Once the position was hit, place take profit before an agreement (1345.1)

Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365

Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $1.0 = -$100/contract (STD)
Contract size to open = 4 standard contracts
EP to TP = $2.5 = +$250 (STD)

Expected Result
Commission Fee = -$18.96
Loss = -$400
Gain = +$1,000
Risk/Reward Ratio = 2.39
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