CORN FUTURES, 1D, CBOT
Trading Signal
Short Position (EP) : 374.5
Stop Loss (SL) : 380
Take Profit (TP) : 362.25, 346
Description
ZC formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (374.5) and place stop after 0.618 level (380). Once the position was hit, place take profit before an agreement (362.25) and 346
Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500
Position Sizing
$0.25 = +-$12.5 (Standard)
Commission fee = -2.82/contract (Standard)
EP to SL = $5.5 = -275/contract (STD)
Contract size to open = 5 standard contracts
EP to TP#1 = $12.25 = +$612.5 (STD)
EP to TP#2 = $28.5 = +$1425 (STD)
Expected Result
Commission Fee = -$9.02
Loss = -$440
Gain#1 = +$588
Gain#2 = +$912
Total Gain = +$1500
Risk/Reward Ratio = 3.34
Short Position (EP) : 374.5
Stop Loss (SL) : 380
Take Profit (TP) : 362.25, 346
Description
ZC formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (374.5) and place stop after 0.618 level (380). Once the position was hit, place take profit before an agreement (362.25) and 346
Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500
Position Sizing
$0.25 = +-$12.5 (Standard)
Commission fee = -2.82/contract (Standard)
EP to SL = $5.5 = -275/contract (STD)
Contract size to open = 5 standard contracts
EP to TP#1 = $12.25 = +$612.5 (STD)
EP to TP#2 = $28.5 = +$1425 (STD)
Expected Result
Commission Fee = -$9.02
Loss = -$440
Gain#1 = +$588
Gain#2 = +$912
Total Gain = +$1500
Risk/Reward Ratio = 3.34
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