Trading Signal
Short Position (EP) : 1316.70
Stop Loss (SL) : 1323.70
Take Profit (TP) : 1306.00
Description
GC1! formed Double Repo Sell at week time frame. Finding Inside Day pattern in day time frame. Trade setup with sell stop 1316.70 and place stop loss at 1323.70. Once the position was hit, place take profit before an agreement (1306.00)
Money Management
Money in portfolio : $50,000
Risk Management (2%) : $1,000
Position Sizing
$0.1 = +-$10 (Standard)
$0.1 = +-$1 (Micro)
Commission fee = -$24/contract (Standard), -$8/contract (Micro)
EP to SL = $7 = -$700/contract (STD), -$70/contract (Micro)
Contract size to open = 1 standard contracts and 4 micro contract
EP to TP = $10.7 = +$1,070 (STD), +$107 (Micro)
Expected Result
Commission Fee = -$56
Loss = -$980
Gain = +$1,498
Risk/Reward Ratio = 1.52
Short Position (EP) : 1316.70
Stop Loss (SL) : 1323.70
Take Profit (TP) : 1306.00
Description
GC1! formed Double Repo Sell at week time frame. Finding Inside Day pattern in day time frame. Trade setup with sell stop 1316.70 and place stop loss at 1323.70. Once the position was hit, place take profit before an agreement (1306.00)
Money Management
Money in portfolio : $50,000
Risk Management (2%) : $1,000
Position Sizing
$0.1 = +-$10 (Standard)
$0.1 = +-$1 (Micro)
Commission fee = -$24/contract (Standard), -$8/contract (Micro)
EP to SL = $7 = -$700/contract (STD), -$70/contract (Micro)
Contract size to open = 1 standard contracts and 4 micro contract
EP to TP = $10.7 = +$1,070 (STD), +$107 (Micro)
Expected Result
Commission Fee = -$56
Loss = -$980
Gain = +$1,498
Risk/Reward Ratio = 1.52