E-Mini DJI Future SEP 2018 (1d)
Trading Signal
Long Position (EP) : 24298
Stop Loss (SL) : 24176
Take Profit (TP) : 24535, 24868
Description
YM formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (24298) and place stop after 0.618 level (24176). Once the position was hit, place take profit before an agreement (24535) and 24868
Money Management
Money in portfolio : $133000
Risk Management (1%) : $1330
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.05/contract (Standard)
EP to SL = $122 = -$610/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $237 = +$1185 (STD)
EP to TP#2 = $570 = +$2850 (STD)
Expected Result
Commission Fee = -$8.2
Loss = -$1220
Gain#1 = +$1185
Gain#2 = +$2850
Total Gain = +$4035
Risk/Reward Ratio = 3.29
Long Position (EP) : 24298
Stop Loss (SL) : 24176
Take Profit (TP) : 24535, 24868
Description
YM formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (24298) and place stop after 0.618 level (24176). Once the position was hit, place take profit before an agreement (24535) and 24868
Money Management
Money in portfolio : $133000
Risk Management (1%) : $1330
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.05/contract (Standard)
EP to SL = $122 = -$610/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $237 = +$1185 (STD)
EP to TP#2 = $570 = +$2850 (STD)
Expected Result
Commission Fee = -$8.2
Loss = -$1220
Gain#1 = +$1185
Gain#2 = +$2850
Total Gain = +$4035
Risk/Reward Ratio = 3.29