Trading Signal Long Position (EP) : 1.17035 Stop Loss (SL) : 1.16980 Take Profit (TP) : 1.17160, 1.17295
Description E6M2018 formed Double Repo Buy at 30m time frame. Trade setup with Buy Limit at 0.382 level (1.17035) and place stop loss at 0.618 level (1.16980). Once the position was hit, place take profit before an agreement (1.17160) and 1.17295
Position Sizing 0.00005 = +-US$6.25 Commission fee = -2.47/contract EP to SL = 0.00055 = -68.75/contract Contract size to open = 11 contracts EP to TP#1 = 0.00125 = +$156.25 EP to TP#2 = 0.00260 = +$325.00
Expected Result Commission fee = -$54.34 Loss = -$756.25 Gain#1 = +$937.50 Gain#2 = +$1,625.00 Total Gain = +$2,462.50 Risk/Reward Ratio = 3.16