EURO Future JUN18 (CME)Trading Signal
Short Position (EP) : 1.20265
Stop Loss (SL) : 1.20320
Take Profit (TP) : 1.20050
Description
E6M2018 formed Double Repo Sell at 30m time frame. Trade setup with Sell limit at 0.382 level (1.20265) and place stop loss at 0.618 level (1.20320). Once the position was hit, place take profit before an agreement (1.20050)
Money Management
Money in portfolio : $75,000
Risk Management (0.25%) : $188
Position Sizing
0.00005 = +-US$6.25
Commission fee = -$2.47/contract
EP to SL = 0.00055 = -$68.75/contract
Contract size to open = 3 contracts
EP to TP = 0.00215 = +$268.75
Expected Result
Commission fee = -$14.82
Loss = -$206.25
Gain = +$806.25
Risk/Reward Ratio = 3.65