Trading Signal
Short Position (EP) : 62.80
Stop Loss (SL) : 62.85
Take Profit (TP) : 62.35
Description
CL1! formed Double Repo Sell at 1h time frame. Trade setup with sell limit at 0.618 level of FR (62.80) and place stop loss after 0.382 level of FR (62.85). Once the position was hit, place take profit before an agreement (62.35)
Money Management
Money in portfolio : $50,000
Risk Management (2%) : $1,000
Position Sizing
1 Tick value = +-$1000
Commission fee = -$30/contract
EP to SL = 0.05 Tick value = -$50/contract
Contract size to open = 12 contracts
EP to TP = 0.45 tick value = +$450
Expected Result
Loss = -$960
Gain = +$5,040
Risk/Reward Ratio = 5.25
Short Position (EP) : 62.80
Stop Loss (SL) : 62.85
Take Profit (TP) : 62.35
Description
CL1! formed Double Repo Sell at 1h time frame. Trade setup with sell limit at 0.618 level of FR (62.80) and place stop loss after 0.382 level of FR (62.85). Once the position was hit, place take profit before an agreement (62.35)
Money Management
Money in portfolio : $50,000
Risk Management (2%) : $1,000
Position Sizing
1 Tick value = +-$1000
Commission fee = -$30/contract
EP to SL = 0.05 Tick value = -$50/contract
Contract size to open = 12 contracts
EP to TP = 0.45 tick value = +$450
Expected Result
Loss = -$960
Gain = +$5,040
Risk/Reward Ratio = 5.25
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.