Trading Signal
Short Position (EP) : 2.727
Stop Loss (SL) : 2.737
Take Profit (TP) : 2.707
Description
HGH2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (2.727) and place stop after 0.618 level (2.737). Once the position was hit, place take profit before an agreement (2.707)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$ 0.0005 = +-$ 12.50/std-contract
Commission fee = -44.74/STD-contract
EP to SL = $0.01 = -$250
Contract size to open = 11 standard contracts
EP to TP = $0.02 = +$500
Expected Result
Commission Fee = -$52.14
Loss = -$2,750
Gain = +$5,500
Risk/Reward Ratio = 1.94
Short Position (EP) : 2.727
Stop Loss (SL) : 2.737
Take Profit (TP) : 2.707
Description
HGH2019 formed Turtle Soup Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (2.727) and place stop after 0.618 level (2.737). Once the position was hit, place take profit before an agreement (2.707)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$ 0.0005 = +-$ 12.50/std-contract
Commission fee = -44.74/STD-contract
EP to SL = $0.01 = -$250
Contract size to open = 11 standard contracts
EP to TP = $0.02 = +$500
Expected Result
Commission Fee = -$52.14
Loss = -$2,750
Gain = +$5,500
Risk/Reward Ratio = 1.94
Trade active
Trade closed: target reached
+$5,447.86 (+1.95%)
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.