RBOB GASOLINE FUTURES (FEB 2019), 1D, NYMEXTrading Signal
Short Position (EP) : 1.4468
Stop Loss (SL) : 1.4677
Take Profit (TP) : 1.405
Description
RBG2019 formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (1.4468) and place stop after 0.618 level (1.4677). Once the position was hit, place take profit before an agreement (1.405)
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.0001 = +-$4.2
Commission fee = -$2.37/std-contract
EP to SL = $0 = -$877.8
Contract size to open = 3 standard contracts
EP to TP = $0 = +$1,755.6
Expected Result
Commission Fee = -$14.22
Loss = -$2,633.4
Gain = +$5,266.8
Risk/Reward Ratio = 1.98