Trading Signal
Short Position (EP) : 1300.4
Stop Loss (SL) : 1303.4
Take Profit (TP) : 1294.4
Description
GCG2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (1300.4) and place stop after 0.618 level (1303.4). Once the position was hit, place take profit before an agreement (1294.4)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.1+-110/STD-contract
Commission fee = -11.67/STD-contract
EP to SL = $3 = -$300
Contract size to open = 10 standard contracts
EP to TP = $6 = +$600
Expected Result
Commission Fee = -$33.4
Loss = -$3,000
Gain#1 = +$6,000
Risk/Reward Ratio = 1.97
Short Position (EP) : 1300.4
Stop Loss (SL) : 1303.4
Take Profit (TP) : 1294.4
Description
GCG2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (1300.4) and place stop after 0.618 level (1303.4). Once the position was hit, place take profit before an agreement (1294.4)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.1+-110/STD-contract
Commission fee = -11.67/STD-contract
EP to SL = $3 = -$300
Contract size to open = 10 standard contracts
EP to TP = $6 = +$600
Expected Result
Commission Fee = -$33.4
Loss = -$3,000
Gain#1 = +$6,000
Risk/Reward Ratio = 1.97
Trade active
Trade closed: stop reached
-$3,033.4 (-1.08%)
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.