SuppasitWechprasit

MEXICAN PESO FUTURES (MAR 2019), 1D, CME

Short
CME:M6H2019   None
Trading Signal
Short Position (EP) : 0.05200
Stop Loss (SL) : 0.05222
Take Profit (TP) : 0.05095

Description
M6H2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (0.052) and place stop after 0.618 level (0.05222). Once the position was hit, place take profit before an agreement (0.05095)

Money Management
Money in portfolio : $1,000,000
Risk Management (0.5%) : $5,000

Position Sizing
$0.00001 = +-$5/std-contract
Commission fee = -$4.74/std-contract
EP to SL = -$0.00022 = -$110
Contract size to open = 44 standard contracts
EP to TP#1 = $0.00105 = +$525

Expected Result
Commission Fee = -$208.56
Loss = -$4,840
Gain = +$23,100
Risk/Reward Ratio = 4.53
Trade active
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