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
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