Trading Signal
Long Position (EP) : 6217
Stop Loss (SL) : 6055.5
Take Profit (TP) : 6633.5, 6784.75
Description
NQH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (6217) and place stop after 0.618 level (6055.5). Once the position was hit, place take profit before an agreement (6633.5) and 6784.75
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.25 = +-$5 (Standard)
Commission fee = -$1.67/contract (Standard)
EP to SL = $161.5 = -$3,230/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $416.5 = +$8,330 (STD)
EP to TP#2 = $567.75 = +$11,355 (STD)
Expected Result
Commission Fee = -$6.68
Loss = -$6,460
Gain#1 = +$8,330
Gain#2 = +$11,355
Total Gain = +$19,685
Risk/Reward Ratio = 3.04
Long Position (EP) : 6217
Stop Loss (SL) : 6055.5
Take Profit (TP) : 6633.5, 6784.75
Description
NQH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (6217) and place stop after 0.618 level (6055.5). Once the position was hit, place take profit before an agreement (6633.5) and 6784.75
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.25 = +-$5 (Standard)
Commission fee = -$1.67/contract (Standard)
EP to SL = $161.5 = -$3,230/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $416.5 = +$8,330 (STD)
EP to TP#2 = $567.75 = +$11,355 (STD)
Expected Result
Commission Fee = -$6.68
Loss = -$6,460
Gain#1 = +$8,330
Gain#2 = +$11,355
Total Gain = +$19,685
Risk/Reward Ratio = 3.04
Order cancelled
Reached TP#2 without matching order
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.