Long
EURO FUTURES (MAR 2019), 1D, CME
Trading Signal
Long Position (EP) : 1.13775
Stop Loss (SL) : 1.13375
Take Profit (TP) : 1.14575
Description
E6H2019 formed Turtle Soup Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (1.13775) and place stop after 0.618 level (1.13375). Once the position was hit, place take profit before an agreement (1.14575)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.00005 = +-$6.25
Commission fee = -$2.37/contract
EP to SL = $0 = -$500/contract
Contract size to open = 6 standard contracts
EP to TP = $0 = +$1,000
Expected Result
Commission Fee = -$28.44
Loss = -$3,000
Gain = +$6,000
Risk/Reward Ratio = 1.97
Long Position (EP) : 1.13775
Stop Loss (SL) : 1.13375
Take Profit (TP) : 1.14575
Description
E6H2019 formed Turtle Soup Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (1.13775) and place stop after 0.618 level (1.13375). Once the position was hit, place take profit before an agreement (1.14575)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.00005 = +-$6.25
Commission fee = -$2.37/contract
EP to SL = $0 = -$500/contract
Contract size to open = 6 standard contracts
EP to TP = $0 = +$1,000
Expected Result
Commission Fee = -$28.44
Loss = -$3,000
Gain = +$6,000
Risk/Reward Ratio = 1.97
Trade active
Trade closed: target reached
+$5,971.56 (+2.13%)
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.