Long
NIKKEI 225 FUTURES (MAR 2019), 1D, CME
Trading Signal
Long Position (EP) : 19740
Stop Loss (SL) : 19445
Take Profit (TP) : 20455, 21290
Description
NYH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (19740) and place stop after 0.618 level (19445). Once the position was hit, place take profit before an agreement (20455) and 21290
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
5 = +-$25
Commission fee = -$3.02/contract (Standard)
EP to SL = $295 = -$1,475/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $715 = +$3,575 (STD)
EP to TP#2 = $1550 = +$7,750 (STD)
Expected Result
Commission Fee = -$12.08
Loss = -$2,950
Gain#1 = +$3,575
Gain#2 = +$7,750
Total Gain = +$11,325
Risk/Reward Ratio = 3.82
Long Position (EP) : 19740
Stop Loss (SL) : 19445
Take Profit (TP) : 20455, 21290
Description
NYH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (19740) and place stop after 0.618 level (19445). Once the position was hit, place take profit before an agreement (20455) and 21290
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
5 = +-$25
Commission fee = -$3.02/contract (Standard)
EP to SL = $295 = -$1,475/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $715 = +$3,575 (STD)
EP to TP#2 = $1550 = +$7,750 (STD)
Expected Result
Commission Fee = -$12.08
Loss = -$2,950
Gain#1 = +$3,575
Gain#2 = +$7,750
Total Gain = +$11,325
Risk/Reward Ratio = 3.82
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.