Short
BRITISH POUND FUTURES (MAR 2019), 1D, CME
Trading Signal
Short Position (EP) : 1.3039
Stop Loss (SL) : 1.3117
Take Profit (TP) : 1.2883
Description
B6H2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (1.3039) and place stop after 0.618 level (1.3117). Once the position was hit, place take profit before an agreement (1.2883)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$ 0.0001 = +-$ 6.25
Commission fee = -$2.47/contract
EP to SL = $0.0078 = -4487.5/STD-contract
Contract size to open = 6 standard contracts
EP to TP = $0.0156 = +$975
Expected Result
Commission Fee = -$29.64
Loss = -$2,925
Gain = +$5,850
Risk/Reward Ratio = 1.97
Short Position (EP) : 1.3039
Stop Loss (SL) : 1.3117
Take Profit (TP) : 1.2883
Description
B6H2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (1.3039) and place stop after 0.618 level (1.3117). Once the position was hit, place take profit before an agreement (1.2883)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$ 0.0001 = +-$ 6.25
Commission fee = -$2.47/contract
EP to SL = $0.0078 = -4487.5/STD-contract
Contract size to open = 6 standard contracts
EP to TP = $0.0156 = +$975
Expected Result
Commission Fee = -$29.64
Loss = -$2,925
Gain = +$5,850
Risk/Reward Ratio = 1.97
Order cancelled
Pending more than 2 bars
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.