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Fast9
Jul 24, 2018 2:31 AM

Soybean futures Nov 2018 (1D)  Long

Soybean Futures (Nov 2018)CBOT

Description

Trading Signal
Long Position (EP) : 849.5
Stop Loss (SL) : 840.5
Take Profit (TP) : 881.25, 888.25

Description
ZSX2018 formed Double Repo Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (849.5) and place stop after 0.618 level (840.5). Once the position was hit, place take profit before an agreement (881.25) and 888.25

Money Management
Money in portfolio : $49000
Risk Management (2%) : $980

Position Sizing
$0.25 = +-$12.5 (Standard)
Commission fee = -2.82/contract (Standard)
EP to SL = $9 = -450/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $31.75 = +$1587.5 (STD)
EP to TP#2 = $38.75 = +$1937.5 (STD)

Expected Result
Commission Fee = -$11.28
Loss = -$900
Gain#1 = +$1587.5
Gain#2 = +$1937.5
Total Gain = +$3525
Risk/Reward Ratio = 3.87
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