Trading Signal
Long Position (EP) : 2.778
Stop Loss (SL) : 2.73
Take Profit (TP) : 2.874
Description
NGH2019 formed Turtle Soup Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (2.778) and place stop after 0.618 level (2.73). Once the position was hit, place take profit before an agreement (2.874)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.001 = +-110/STD-contract
Commission fee = -44.74/STD-contract
EP to SL = $0.048 = -$480
Contract size to open = 21 standard contracts
EP to TP = $0.096 = +$960
Expected Result
Commission Fee = -$99.54
Loss = -$10,080
Gain = +$20,160
Risk/Reward Ratio = 1.97
Long Position (EP) : 2.778
Stop Loss (SL) : 2.73
Take Profit (TP) : 2.874
Description
NGH2019 formed Turtle Soup Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (2.778) and place stop after 0.618 level (2.73). Once the position was hit, place take profit before an agreement (2.874)
Money Management
Money in portfolio : $1,000,000
Risk Management (1%) : $10,000
Position Sizing
$0.001 = +-110/STD-contract
Commission fee = -44.74/STD-contract
EP to SL = $0.048 = -$480
Contract size to open = 21 standard contracts
EP to TP = $0.096 = +$960
Expected Result
Commission Fee = -$99.54
Loss = -$10,080
Gain = +$20,160
Risk/Reward Ratio = 1.97
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.