E-MINI RUSSELL 2000, 1D, CME_MINI
Trading Signal
Long Position (EP) : 1685.2
Stop Loss (SL) : 1676.5
Take Profit (TP) : 1708.4, 1736.8
Description
ZW formed Double Repo Failure Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1685.2) and place stop after 0.618 level (1676.5). Once the position was hit, place take profit before an agreement (1708.4) and 1736.8
Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500
Position Sizing
$0.1 = +-$ 5.0 (Standard)
Commission fee = -$2.05/contract (Standard)
EP to SL = $8.7 = -$435/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $23.2 = +$1160 (STD)
EP to TP#2 = $51.6 = +$2580 (STD)
Expected Result
Commission Fee = -$3.94
Loss = -$417.6
Gain#1 = +$742.4
Gain#2 = +$825.6
Total Gain = +$1568
Risk/Reward Ratio = 3.72
Long Position (EP) : 1685.2
Stop Loss (SL) : 1676.5
Take Profit (TP) : 1708.4, 1736.8
Description
ZW formed Double Repo Failure Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1685.2) and place stop after 0.618 level (1676.5). Once the position was hit, place take profit before an agreement (1708.4) and 1736.8
Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500
Position Sizing
$0.1 = +-$ 5.0 (Standard)
Commission fee = -$2.05/contract (Standard)
EP to SL = $8.7 = -$435/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $23.2 = +$1160 (STD)
EP to TP#2 = $51.6 = +$2580 (STD)
Expected Result
Commission Fee = -$3.94
Loss = -$417.6
Gain#1 = +$742.4
Gain#2 = +$825.6
Total Gain = +$1568
Risk/Reward Ratio = 3.72