Trading Signal
Short Position (EP) : 62.52
Stop Loss (SL) : 62.62
Take Profit (TP) : 62.15
Description
CL1! formed Double Repo Buy at 30m time frame. Trade setup with sell stop at 0.618 level of FR (62.52) and place stop loss after 0.382 level of FR (62.62). Once the position was hit, place take profit before an agreement (62.15)
Money Management
Money in portfolio : $50,000
Risk Management (2%) : $1,000
Position Sizing
$0.01 = +-$10 (Standard)
$0.025 = +-$12.50 (Mini)
Commission fee = -$24/contract (Standard), -$16/contract (Mini)
EP to SL = $0.10 = -$100/contract (STD), -$50/contract (Mini)
Contract size to open = 8 standard contracts and 0 mini contract
EP to TP = $0.37 = +$370 (STD), +$195 (Mini)
Expected Result
Commission Fee = -$192
Loss = -$992
Gain = +$2,960
Risk/Reward Ratio = 2.98
Short Position (EP) : 62.52
Stop Loss (SL) : 62.62
Take Profit (TP) : 62.15
Description
CL1! formed Double Repo Buy at 30m time frame. Trade setup with sell stop at 0.618 level of FR (62.52) and place stop loss after 0.382 level of FR (62.62). Once the position was hit, place take profit before an agreement (62.15)
Money Management
Money in portfolio : $50,000
Risk Management (2%) : $1,000
Position Sizing
$0.01 = +-$10 (Standard)
$0.025 = +-$12.50 (Mini)
Commission fee = -$24/contract (Standard), -$16/contract (Mini)
EP to SL = $0.10 = -$100/contract (STD), -$50/contract (Mini)
Contract size to open = 8 standard contracts and 0 mini contract
EP to TP = $0.37 = +$370 (STD), +$195 (Mini)
Expected Result
Commission Fee = -$192
Loss = -$992
Gain = +$2,960
Risk/Reward Ratio = 2.98
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.