Trading Signal Long Position (EP) : 1.23315 Stop Loss (SL) : 1.2327 Take Profit (TP) : 1.2344
Description E61! formed Double Repo Buy at 30m time frame. Trade setup with buy limit at 0.618 level of FR (1.23315) and place stop loss after 0.382 level of FR (1.2327). Once the position was hit, place take profit before a first agreement (1.2344)
Position Sizing 0.00005 = +-US$6.25 Commission fee = -24/contract EP to SL = 0.00045 = -56.25/contract Contract size to open = 12 contracts EP to TP#1 = 0.00125 = +$156.25
Expected Result Commission fee = -$288 Loss = -$675 Gain = +$1,875 Risk/Reward Ratio = 2.77