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SuppasitWechprasit
Jul 17, 2018 1:49 PM

Corn Future DEC18 (1d) Long

Corn Futures (Dec 2018)CBOT

Description

Trading Signal
Long Position (EP) : 358.25
Stop Loss (SL) : 355.25
Take Profit (TP) : 367.25, 371.25

Description
ZC formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (358.25) and place stop after 0.618 level (355.25). Once the position was hit, place take profit before an agreement (367.25) and 371.25

Money Management
Money in portfolio : $133,000
Risk Management (1%) : $1,330

Position Sizing
$0.25 = +-$12.50 (Standard)
Commission fee = -1.67/contract (Standard)
EP to SL = $3 = -150/contract (STD)
Contract size to open = 9 standard contracts
EP to TP#1 = $9 = +$450 (STD)
EP to TP#2 = $13 = +$650 (STD)

Expected Result
Commission Fee = -$30.06
Loss = -$1,350
Gain#1 = +$2,250
Gain#2 = +$2,600
Total Gain = +$4,850
Risk/Reward Ratio = 3.51
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