RBOB GASOLINE FUTURES (FEB 2019), 1D, NYMEX
Trading Signal
Long Position (EP) : 1.4138
Stop Loss (SL) : 1.3935
Take Profit (TP) : 1.4949
Description
RBG2019 formed Double Repo Failure Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1.4138) and place stop after 0.618 level (1.3935). Once the position was hit, place take profit before an agreement (1.4949)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.0001 = +-$4.2
Commission fee = -$2.37/std-contract
EP to SL = $0 = -$852.6
Contract size to open = 3 standard contracts
EP to TP = $0.1 = +$3,406.2
Expected Result
Commission Fee = -$14.22
Loss = -$2,557.8
Gain = +$10,218.6
Risk/Reward Ratio = 3.97
Long Position (EP) : 1.4138
Stop Loss (SL) : 1.3935
Take Profit (TP) : 1.4949
Description
RBG2019 formed Double Repo Failure Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1.4138) and place stop after 0.618 level (1.3935). Once the position was hit, place take profit before an agreement (1.4949)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.0001 = +-$4.2
Commission fee = -$2.37/std-contract
EP to SL = $0 = -$852.6
Contract size to open = 3 standard contracts
EP to TP = $0.1 = +$3,406.2
Expected Result
Commission Fee = -$14.22
Loss = -$2,557.8
Gain = +$10,218.6
Risk/Reward Ratio = 3.97
Trade active
Trade closed manually:
Roll over to RBH2019
