2-Year T-Note Futures (Mar 2019)
Short
Updated

2 YEAR T-NOTE FUTURES (MAR 2019), 1D, CBOT

42
Trading Signal
Short Position (EP) : 106'03'3
Stop Loss (SL) : 106'07'1
Take Profit (TP) : 105'27'1, 105'19'0

Description
ZTH2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (106'03'3) and place stop after 0.618 level (106'07'1). Once the position was hit, place take profit before an agreement (105'27'1) and 105'19'0

Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800

Position Sizing
$0.0078125 = +-115.625/STD-contract
Commission fee = -22.94/STD-contract
EP to SL = $0.1 = -$234.38
Contract size to open = 12 standard contracts
EP to TP#1 = $0.3 = +$515.63
EP to TP#2 = $0.5 = +$1,023.44

Expected Result
Commission Fee = -$35.28
Loss = -$2,812.5
Gain#1 = +$3,093.75
Gain#2 = +$6,140.63
Total Gain = +$9,234.38
Risk/Reward Ratio = 3.23
Trade active

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.