SOYBEAN MEAL FUTURES, 1D, CBOT
Trading Signal
Short Position (EP) : 330.6
Stop Loss (SL) : 335.4
Take Profit (TP) : 311.3, 0
Description
ZM formed Double Repo Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (330.6) and place stop after 0.618 level (335.4). Once the position was hit, place take profit before an agreement (311.3) and 0
Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500
Position Sizing
$0.10 = +-$ 10 (Standard)
Commission fee = -2.82/contract (Standard)
EP to SL = $4.8 = -480/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $19.3 = +$1930 (STD)
EP to TP#2 = $0 = +$0 (STD)
Expected Result
Commission Fee = -$16.92
Loss = -$1440
Gain = +$5,790
Risk/Reward Ratio = 3.97
Short Position (EP) : 330.6
Stop Loss (SL) : 335.4
Take Profit (TP) : 311.3, 0
Description
ZM formed Double Repo Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (330.6) and place stop after 0.618 level (335.4). Once the position was hit, place take profit before an agreement (311.3) and 0
Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500
Position Sizing
$0.10 = +-$ 10 (Standard)
Commission fee = -2.82/contract (Standard)
EP to SL = $4.8 = -480/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $19.3 = +$1930 (STD)
EP to TP#2 = $0 = +$0 (STD)
Expected Result
Commission Fee = -$16.92
Loss = -$1440
Gain = +$5,790
Risk/Reward Ratio = 3.97
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