E-MINI RUSSELL 2000, 1D, CME_MINI
Trading Signal
Short Position (EP) : 1676.5
Stop Loss (SL) : 1685.2
Take Profit (TP) : 1652.6, 1637.8
Description
ZW formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (1676.5) and place stop after 0.618 level (1685.2). Once the position was hit, place take profit before an agreement (1652.6) and 1637.8
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 = $23.9 = +$1195 (STD)
EP to TP#2 = $38.7 = +$1935 (STD)
Expected Result
Commission Fee = -$12.3
Loss = -$1305
Gain#1 = +$2390
Gain#2 = +$1923
Total Gain = +$4325
Risk/Reward Ratio = 3.28
Short Position (EP) : 1676.5
Stop Loss (SL) : 1685.2
Take Profit (TP) : 1652.6, 1637.8
Description
ZW formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (1676.5) and place stop after 0.618 level (1685.2). Once the position was hit, place take profit before an agreement (1652.6) and 1637.8
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 = $23.9 = +$1195 (STD)
EP to TP#2 = $38.7 = +$1935 (STD)
Expected Result
Commission Fee = -$12.3
Loss = -$1305
Gain#1 = +$2390
Gain#2 = +$1923
Total Gain = +$4325
Risk/Reward Ratio = 3.28