E-MINI RUSSELL 2000 (MAR 2019), 1D, CME_MINI
Trading Signal
Long Position (EP) : 1335.6
Stop Loss (SL) : 1303.7
Take Profit (TP) : 1430.5, 1466.5
Description
RTYH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1335.6) and place stop after 0.618 level (1303.7). Once the position was hit, place take profit before an agreement (1430.5) and 1466.5
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.1 = +-$ 5.0/mini-contract
Commission fee = -$2.47/mini-contract
EP to SL = $31.9 = -$1,595
Contract size to open = 2 mini contracts
EP to TP#1 = $94.9 = +$4,745
EP to TP#2 = $130.9 = +$6,545
Expected Result
Commission Fee = -$9.88
Loss = -$3,190
Gain#1 = +$4,745
Gain#2 = +$6,545
Total Gain = +$11,290
Risk/Reward Ratio = 3.53
Long Position (EP) : 1335.6
Stop Loss (SL) : 1303.7
Take Profit (TP) : 1430.5, 1466.5
Description
RTYH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1335.6) and place stop after 0.618 level (1303.7). Once the position was hit, place take profit before an agreement (1430.5) and 1466.5
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.1 = +-$ 5.0/mini-contract
Commission fee = -$2.47/mini-contract
EP to SL = $31.9 = -$1,595
Contract size to open = 2 mini contracts
EP to TP#1 = $94.9 = +$4,745
EP to TP#2 = $130.9 = +$6,545
Expected Result
Commission Fee = -$9.88
Loss = -$3,190
Gain#1 = +$4,745
Gain#2 = +$6,545
Total Gain = +$11,290
Risk/Reward Ratio = 3.53
Trade closed: target reached:
Reached TP#2 without matching