Trading Signal
Short Position (EP) : 2707.00
Stop Loss (SL) : 2711.25
Take Profit (TP) : 2695.00, 2684.00
Description
ESM2018 formed Double Repo Failure Sell at 1h time frame. Trade setup with Sell Stop at 0.382 level (2707.00) and place stop loss at 0.618 level (2711.25). Once the position was hit, place take profit before an agreement zone (2695.00) and 2684.00
Money Management
Money in portfolio : $78,000
Risk Management (1.00%) : $780
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$2.05/contract (Mini)
EP to SL = $4.25 = -$212.50/contract (Mini)
Contract size to open = 4 mini contract
EP to TP#1 = $12.00 = +$600.00 (Mini)
EP to TP#2 = $23.00 = +$1,150.00 (Mini)
Expected Result
Commission Fee = -$16.4
Loss = -$850
Gain#1 = +$1,200
Gain#2 = +$2,300
Total Gain = +$3,500
Risk/Reward Ratio = 4.04
Short Position (EP) : 2707.00
Stop Loss (SL) : 2711.25
Take Profit (TP) : 2695.00, 2684.00
Description
ESM2018 formed Double Repo Failure Sell at 1h time frame. Trade setup with Sell Stop at 0.382 level (2707.00) and place stop loss at 0.618 level (2711.25). Once the position was hit, place take profit before an agreement zone (2695.00) and 2684.00
Money Management
Money in portfolio : $78,000
Risk Management (1.00%) : $780
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$2.05/contract (Mini)
EP to SL = $4.25 = -$212.50/contract (Mini)
Contract size to open = 4 mini contract
EP to TP#1 = $12.00 = +$600.00 (Mini)
EP to TP#2 = $23.00 = +$1,150.00 (Mini)
Expected Result
Commission Fee = -$16.4
Loss = -$850
Gain#1 = +$1,200
Gain#2 = +$2,300
Total Gain = +$3,500
Risk/Reward Ratio = 4.04
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.