LEAN HOGS FUTURES (APR 2019), 1D, CME
Trading Signal
Long Position (EP) : 61.325
Stop Loss (SL) : 60.05
Take Profit (TP) : 63.875
Description
HEJ2019 formed Turtle Soup Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (61.325) and place stop after 0.618 level (60.05). Once the position was hit, place take profit before an agreement (63.875)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.025 = +-$10/std-contract
Commission fee = -$5.8/std-contract
EP to SL = $1.2750 = -$510
Contract size to open = 19 standard contracts
EP to TP = $2.5500 = +$1020
Expected Result
Commission Fee = -$110.2
Loss = -$9,690
Gain = +$19,380
Risk/Reward Ratio = 1.97
Long Position (EP) : 61.325
Stop Loss (SL) : 60.05
Take Profit (TP) : 63.875
Description
HEJ2019 formed Turtle Soup Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (61.325) and place stop after 0.618 level (60.05). Once the position was hit, place take profit before an agreement (63.875)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.025 = +-$10/std-contract
Commission fee = -$5.8/std-contract
EP to SL = $1.2750 = -$510
Contract size to open = 19 standard contracts
EP to TP = $2.5500 = +$1020
Expected Result
Commission Fee = -$110.2
Loss = -$9,690
Gain = +$19,380
Risk/Reward Ratio = 1.97
Trade active
Trade closed: stop reached:
-$98,00.2 (-0.98%)