SOYBEAN OIL FUTURES (MAR 2019), 1D, CBOT
Trading Signal
Short Position (EP) : 30.62
Stop Loss (SL) : 30.91
Take Profit (TP) : 30.04
Description
ZSH2019
formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (30.62) and place stop after 0.618 level (30.91). Once the position was hit, place take profit before an agreement (30.04)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.01 = +-$ 6.00/std-contract
Commission fee = -$5.64/contract (Standard)
EP to SL = $0.29 = -$174
Contract size to open = 57 standard contracts
EP to TP = $0.58 = +$348
Expected Result
Commission Fee = -$321.48
Loss = -$9,918
Gain = +$19,836
Risk/Reward Ratio = 1.91
Short Position (EP) : 30.62
Stop Loss (SL) : 30.91
Take Profit (TP) : 30.04
Description
ZSH2019
formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (30.62) and place stop after 0.618 level (30.91). Once the position was hit, place take profit before an agreement (30.04) Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.01 = +-$ 6.00/std-contract
Commission fee = -$5.64/contract (Standard)
EP to SL = $0.29 = -$174
Contract size to open = 57 standard contracts
EP to TP = $0.58 = +$348
Expected Result
Commission Fee = -$321.48
Loss = -$9,918
Gain = +$19,836
Risk/Reward Ratio = 1.91
Trade active
Trade closed: stop reached:
-$10,239.48 (-1.02%)