Trading Signal
Long Position (EP) : 1345.6
Stop Loss (SL) : 1341.8
Take Profit (TP) : 1358.1
Description
GCM2018 formed Double Double Repo Buy at 4h time frame. Trade setup with Buy Limit at 0.382 Level (1345.6) and place stop after 0.618 Level (1341.8). Once the position was hit, place take profit before an agreement (1358.1)
Money Management
Money in portfolio : $73,000
Risk Management (1.0%) : $730
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $3.8 = -$380/contract (STD)
Contract size to open = 2 standard contracts
EP to TP = $12.5 = +$1,250 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$760
Gain = +$2,500
Risk/Reward Ratio = 3.25
Long Position (EP) : 1345.6
Stop Loss (SL) : 1341.8
Take Profit (TP) : 1358.1
Description
GCM2018 formed Double Double Repo Buy at 4h time frame. Trade setup with Buy Limit at 0.382 Level (1345.6) and place stop after 0.618 Level (1341.8). Once the position was hit, place take profit before an agreement (1358.1)
Money Management
Money in portfolio : $73,000
Risk Management (1.0%) : $730
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $3.8 = -$380/contract (STD)
Contract size to open = 2 standard contracts
EP to TP = $12.5 = +$1,250 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$760
Gain = +$2,500
Risk/Reward Ratio = 3.25