E-Mini S&P500 Future JUN18 (CME)

Trading Signal
Short Position (EP) : 2635.25
Stop Loss (SL) : 2643.5
Take Profit (TP) : 2604.25

Description
ES1! formed Double Repo Sell at 30m time frame. Trade setup with sell limit at 0.382 level of FR (2635.25) and place stop loss at 0.618 level of FR (2643.5). Once the position was hit, place take profit before an agreement zone (2604.25)

Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365

Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -2.05/contract (Mini)
EP to SL = $8.25 = -412.50/contract (Mini)
Contract size to open = 1 mini contract
EP to TP = $31.00 = +$1,550 (Mini)

Expected Result
Commission Fee = -$4.1
Loss = -$412.50
Gain = +$1,550
Risk/Reward Ratio = 3.72
Chart PatternsCMEcmefuturesS&P 500 E-Mini FuturesESM2018_S&P 500 (SPX500)Trend AnalysisWave Analysis

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