Long
JAPANESE FUTURES (MAR 2019), 1D, CME
Trading Signal
Long Position (EP) : 0.0091295
Stop Loss (SL) : 0.009107
Take Profit (TP) : 0.0091745
Description
J6H2019 formed Turtle Soup Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (0.0091295) and place stop after 0.618 level (0.009107). Once the position was hit, place take profit before an agreement (0.0091745)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.0000005 = +-$ 6.25/std-contract
Commission fee = -44.94/STD-contract
EP to SL = $0.00002 = -$281.25
Contract size to open = 35 standard contracts
EP to TP = $0.00004 = +$562.5
Expected Result
Commission Fee = -$172.9
Loss = -$9,843.75
Gain = +$19,687.5
Risk/Reward Ratio = 1.95
Long Position (EP) : 0.0091295
Stop Loss (SL) : 0.009107
Take Profit (TP) : 0.0091745
Description
J6H2019 formed Turtle Soup Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (0.0091295) and place stop after 0.618 level (0.009107). Once the position was hit, place take profit before an agreement (0.0091745)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.0000005 = +-$ 6.25/std-contract
Commission fee = -44.94/STD-contract
EP to SL = $0.00002 = -$281.25
Contract size to open = 35 standard contracts
EP to TP = $0.00004 = +$562.5
Expected Result
Commission Fee = -$172.9
Loss = -$9,843.75
Gain = +$19,687.5
Risk/Reward Ratio = 1.95
Trade active
Trade closed: stop reached
-$10,016.65 (-1.00%)
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.