Trading Signal
Long Position (EP) : 368
Stop Loss (SL) : 364.5
Take Profit (TP) : 384.5
Description
ES formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (368) and place stop after 0.618 level (364.5). Once the position was hit, place take profit before an agreement (384.5)
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$1 = +-$50 (Standard)
Commission fee = -$2.82/contract (Standard)
EP to SL = $3.5 = -$175/contract (STD)
Contract size to open = 7 standard contracts
EP to TP = $16.5 = +$825 (STD)
Expected Result
Commission Fee = -$39.48
Loss = -$1,225
Gain#1 = +$5,775
Risk/Reward Ratio = 4.57
Long Position (EP) : 368
Stop Loss (SL) : 364.5
Take Profit (TP) : 384.5
Description
ES formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (368) and place stop after 0.618 level (364.5). Once the position was hit, place take profit before an agreement (384.5)
Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330
Position Sizing
$1 = +-$50 (Standard)
Commission fee = -$2.82/contract (Standard)
EP to SL = $3.5 = -$175/contract (STD)
Contract size to open = 7 standard contracts
EP to TP = $16.5 = +$825 (STD)
Expected Result
Commission Fee = -$39.48
Loss = -$1,225
Gain#1 = +$5,775
Risk/Reward Ratio = 4.57
Trade closed: stop reached