Trading Signal Short Position (EP) : 7426.25 Stop Loss (SL) : 7465.75 Take Profit (TP) : 7318.5, 7169.5
Description NQU formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (7426.25) and place stop after 0.618 level (7465.75). Once the position was hit, place take profit before an agreement (7318.5) and 7169.5
Position Sizing $0.25 = +-$5 (Standard) Commission fee = -2.05/contract (Standard) EP to SL = $39.5 = -790/contract (STD) Contract size to open = 1 standard contracts EP to TP#1 = $107.75 = +$2155 (STD) EP to TP#2 = $256.75 = +$5135 (STD)
Expected Result Commission Fee = -$4.1 Loss = -$790 Gain#1 = +$2155 Gain#2 = +$5135 Total Gain = +$7290 Risk/Reward Ratio = 9.18