Trading Signal
Short Position (EP) : 938
Stop Loss (SL) : 945.8
Take Profit (TP) : 900.6, 0
Description
GC formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (938) and place stop after 0.618 level (945.8). Once the position was hit, place take profit before an agreement (900.6)
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $7.8 = -$780/contract (STD)
Contract size to open = 2 standard contracts
EP to TP = $37.4 = +$3,740 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$1,560
Gain = +$7,480
Risk/Reward Ratio = 4.77
Short Position (EP) : 938
Stop Loss (SL) : 945.8
Take Profit (TP) : 900.6, 0
Description
GC formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (938) and place stop after 0.618 level (945.8). Once the position was hit, place take profit before an agreement (900.6)
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $7.8 = -$780/contract (STD)
Contract size to open = 2 standard contracts
EP to TP = $37.4 = +$3,740 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$1,560
Gain = +$7,480
Risk/Reward Ratio = 4.77