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Gold Future APR2018 (COMEX)

Short
COMEX:GC1!   Gold Futures
Trading Signal
Short Position (EP) : 1329
Stop Loss (SL) : 1343.5
Take Profit (TP) : 1289

Description
GC1! future formed Double Repo Sell at week time frame. Sell stop position at 1329.0 When the position has entered, place take profit before an agreement 1289 and place stop loss at 1343.5

Money Management
Money in portfolio : $48,000
Risk Management (2%) : $960

Position Sizing
1 Tick value = +-$100
Commission fee = -$30/contract
EP to SL = 14.5 Tick value = -$1,450/contract
Contract size to open = 1 contracts
EP to TP = 40 tick value = +$4,000

Expected Result
Loss = -$1,480
Gain = +$4,000
Risk/Reward Ratio = 2.68
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