Trading Signal
Short Position (EP) : 1343.7
Stop Loss (SL) : 1345.8
Take Profit (TP) : 1338.5, 1332.8
Description
GC1! formed Double Double Repo Sell at 1h time frame. Trade setup with Sell limit at 0.618 Level of FR (1343.7) and place stop after 0.382 Level of FR (1345.8). Once the position was hit, place take profit before an agreement (1338.5) and 1332.8
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 = $2.1 = -$210/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $5.2 = +$520 (STD)
EP to TP#2 = $10.9 = +$1,090 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$420
Gain#1 = +$520
Gain#2 = +$1,090
Total Gain = +$1,610
Risk/Reward Ratio = 3.75
Short Position (EP) : 1343.7
Stop Loss (SL) : 1345.8
Take Profit (TP) : 1338.5, 1332.8
Description
GC1! formed Double Double Repo Sell at 1h time frame. Trade setup with Sell limit at 0.618 Level of FR (1343.7) and place stop after 0.382 Level of FR (1345.8). Once the position was hit, place take profit before an agreement (1338.5) and 1332.8
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 = $2.1 = -$210/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $5.2 = +$520 (STD)
EP to TP#2 = $10.9 = +$1,090 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$420
Gain#1 = +$520
Gain#2 = +$1,090
Total Gain = +$1,610
Risk/Reward Ratio = 3.75
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.