Short
CANADIAN DOLLAR FUTURES (MAR 2019), 1D, CME
Trading Signal
Short Position (EP) : 0.7549
Stop Loss (SL) : 0.75685
Take Profit (TP) : 0.74975, 0.74245
Description
D6H2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (0.7549) and place stop after 0.618 level (0.75685). Once the position was hit, place take profit before an agreement (0.74975) and 0.74245
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.00005 = +-55/STD-contract
Commission fee = -44.94/STD-contract
EP to SL = $0 = -$195
Contract size to open = 14 standard contracts
EP to TP#1 = $0.01 = +$515
EP to TP#2 = $0.01 = +$1,245
Expected Result
Commission Fee = -$69.16
Loss = -$2,730
Gain#1 = +$3,605
Gain#2 = +$8,715
Total Gain = +$12,320
Risk/Reward Ratio = 4.4
Short Position (EP) : 0.7549
Stop Loss (SL) : 0.75685
Take Profit (TP) : 0.74975, 0.74245
Description
D6H2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (0.7549) and place stop after 0.618 level (0.75685). Once the position was hit, place take profit before an agreement (0.74975) and 0.74245
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.00005 = +-55/STD-contract
Commission fee = -44.94/STD-contract
EP to SL = $0 = -$195
Contract size to open = 14 standard contracts
EP to TP#1 = $0.01 = +$515
EP to TP#2 = $0.01 = +$1,245
Expected Result
Commission Fee = -$69.16
Loss = -$2,730
Gain#1 = +$3,605
Gain#2 = +$8,715
Total Gain = +$12,320
Risk/Reward Ratio = 4.4
Trade active
Trade closed: target reached
+1,785.84 (+0.64%)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.