NASDAQ 100 E-MINI FUTURES, 1D, CME
Trading Signal
Short Position (EP) : 7426.25
Stop Loss (SL) : 7465.75
Take Profit (TP) : 7315, 7204
Description
NQU2018 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (7426.25) and place stop after 0.618 level (7465.75). Once the position was hit, place take profit before an agreement (7315) and 7204
Money Management
Money in portfolio : $150,000
Risk Management (1%) : $1,500
Position Sizing
$0.25 = +-$5 (Standard)
Commission fee = -$2.05/contract (Standard)
EP to SL = $39.5 = -$790/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $111.25 = +$2,225 (STD)
EP to TP#2 = $222.25 = +$4,445 (STD)
Expected Result
Commission Fee = -$8.2
Loss = -$1,580
Gain#1 = +$2,225
Gain#2 = +$4,445
Total Gain = +$6,670
Risk/Reward Ratio = 4.2
Short Position (EP) : 7426.25
Stop Loss (SL) : 7465.75
Take Profit (TP) : 7315, 7204
Description
NQU2018 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (7426.25) and place stop after 0.618 level (7465.75). Once the position was hit, place take profit before an agreement (7315) and 7204
Money Management
Money in portfolio : $150,000
Risk Management (1%) : $1,500
Position Sizing
$0.25 = +-$5 (Standard)
Commission fee = -$2.05/contract (Standard)
EP to SL = $39.5 = -$790/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $111.25 = +$2,225 (STD)
EP to TP#2 = $222.25 = +$4,445 (STD)
Expected Result
Commission Fee = -$8.2
Loss = -$1,580
Gain#1 = +$2,225
Gain#2 = +$4,445
Total Gain = +$6,670
Risk/Reward Ratio = 4.2