Trading Signal
Long Position (EP) : 2.724
Stop Loss (SL) : 2.702
Take Profit (TP) : 2.781, 2.805
Description
CL formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (2.724) and place stop after 0.618 level (2.702). Once the position was hit, place take profit before an agreement (2.781) and 2.805
Money Management
Money in portfolio : $150,000
Risk Management (1%) : $1,500
Position Sizing
$0.001 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $0 = -$220/contract (STD)
Contract size to open = 7 standard contracts
EP to TP#1 = $0.06 = +$570 (STD)
EP to TP#2 = $0.08 = +$810 (STD)
Expected Result
Commission Fee = -$33.18
Loss = -$1,540
Gain#1 = +$2,280
Gain#2 = +$2,430
Total Gain = +$4,710
Risk/Reward Ratio = 2.99
Long Position (EP) : 2.724
Stop Loss (SL) : 2.702
Take Profit (TP) : 2.781, 2.805
Description
CL formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (2.724) and place stop after 0.618 level (2.702). Once the position was hit, place take profit before an agreement (2.781) and 2.805
Money Management
Money in portfolio : $150,000
Risk Management (1%) : $1,500
Position Sizing
$0.001 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $0 = -$220/contract (STD)
Contract size to open = 7 standard contracts
EP to TP#1 = $0.06 = +$570 (STD)
EP to TP#2 = $0.08 = +$810 (STD)
Expected Result
Commission Fee = -$33.18
Loss = -$1,540
Gain#1 = +$2,280
Gain#2 = +$2,430
Total Gain = +$4,710
Risk/Reward Ratio = 2.99