Trading Signal
Short Position (EP) : 1331.0
Stop Loss (SL) : 1333.3
Take Profit (TP) : 1324.9, 1318.4
Description
GC1! formed Double Repo Sell at 30m time frame. Trade setup with sell limit at 0.618 Level of FR (1331.0) and place stop after 0.382 Level of FR (1333.3). Once the position was hit, place take profit before an agreement (1324.9) and 1318.4
Money Management
Money in portfolio : $55,000
Risk Management (1%) : $550
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$4.74/contract (Standard)
EP to SL = $2.3 = -$230/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $6.1 = +$610 (STD)
EP to TP#2 = $12.6 = +$1,260 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$460
Gain#1 = +$610
Gain#2 = +$1,260
Total Gain = +$1,870
Risk/Reward Ratio = 4.07
Short Position (EP) : 1331.0
Stop Loss (SL) : 1333.3
Take Profit (TP) : 1324.9, 1318.4
Description
GC1! formed Double Repo Sell at 30m time frame. Trade setup with sell limit at 0.618 Level of FR (1331.0) and place stop after 0.382 Level of FR (1333.3). Once the position was hit, place take profit before an agreement (1324.9) and 1318.4
Money Management
Money in portfolio : $55,000
Risk Management (1%) : $550
Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$4.74/contract (Standard)
EP to SL = $2.3 = -$230/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $6.1 = +$610 (STD)
EP to TP#2 = $12.6 = +$1,260 (STD)
Expected Result
Commission Fee = -$9.48
Loss = -$460
Gain#1 = +$610
Gain#2 = +$1,260
Total Gain = +$1,870
Risk/Reward Ratio = 4.07