EURO Future JUN18 (COMEX)Trading Signal
Long Position (EP) : 1.23655
Stop Loss (SL) : 1.23875
Take Profit (TP) : 1.23870
Description
E61! formed Double Repo Buy at 1h time frame. Trade setup with buy limit at 0.618 level of FR (1.23655) and place stop loss at 0.382 level of FR (1.23875). Once the position was hit, place take profit before an agreement (1.23870)
Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365
Position Sizing
0.00005 = +-US$6.25
Commission fee = -$2.47/contract
EP to SL = 0.00065 = -$81.25/contract
Contract size to open = 4 contracts
EP to TP = 0.00220 = +$275
Expected Result
Commission fee = -$19.76
Loss = -$325
Gain = +$1,100
Risk/Reward Ratio = 3.19