DJI MINI FUTURES (MAR 2019), 1D, CBOT_MINI
Trading Signal
Long Position (EP) : 22720
Stop Loss (SL) : 22236
Take Profit (TP) : 24159, 24831
Description
YMH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (22720) and place stop after 0.618 level (22236). Once the position was hit, place take profit before an agreement (24159) and 24831
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$1 = +-$ 5.00/std-contract
Commission fee = -44.06/STD-contract
EP to SL = $484 = -$2,420
Contract size to open = 2 standard contracts
EP to TP#1 = $1439 = +$7,195
EP to TP#2 = $2111 = +$10,555
Expected Result
Commission Fee = -$8.12
Loss = -$4,840
Gain#1 = +$7,195
Gain#2 = +$10,555
Total Gain = +$17,750
Risk/Reward Ratio = 3.66
Long Position (EP) : 22720
Stop Loss (SL) : 22236
Take Profit (TP) : 24159, 24831
Description
YMH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (22720) and place stop after 0.618 level (22236). Once the position was hit, place take profit before an agreement (24159) and 24831
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$1 = +-$ 5.00/std-contract
Commission fee = -44.06/STD-contract
EP to SL = $484 = -$2,420
Contract size to open = 2 standard contracts
EP to TP#1 = $1439 = +$7,195
EP to TP#2 = $2111 = +$10,555
Expected Result
Commission Fee = -$8.12
Loss = -$4,840
Gain#1 = +$7,195
Gain#2 = +$10,555
Total Gain = +$17,750
Risk/Reward Ratio = 3.66
Order cancelled
Reach TP#2 without matching order
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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.