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SuppasitWechprasit
Jul 17, 2018 3:22 PM

Soybean Future NOV18 (1d) Long

Soybean Futures (Nov 2018)CBOT

Description

Trading Signal
Long Position (EP) : 847
Stop Loss (SL) : 839
Take Profit (TP) : 864.75, 882.25

Description
ZSX2018 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (847) and place stop after 0.618 level (839). Once the position was hit, place take profit before an agreement (864.75) and 882.25

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

Position Sizing
$0.25 = +-$12.5 (Standard)
Commission fee = -1.67/contract (Standard)
EP to SL = $8 = -400/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $17.75 = +$887.5 (STD)
EP to TP#2 = $35.25 = +$1,762.5 (STD)

Expected Result
Commission Fee = -$10.02
Loss = -$1200
Gain#1 = +$1,775
Gain#2 = +$1,762.5
Total Gain = +$3,537.5
Risk/Reward Ratio = 2.92
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