Trading Signal
Long Position (EP) : 17.3
Stop Loss (SL) : 13.6
Take Profit (TP) : 25.3
Description
formed Bread and butter buy at Day time frame. Trade setup with buy limit at 0.382 level (17.3) of FR 0.39% and place stop loss above 0.618 level (13.6) of FR 0.39% . Once the position was hit, place take profit at Cluster level of FE(25.3)
Money Management
Money in portfolio : $1500
Risk Management (20%) : $300
Position Sizing
1 EOS = $17.3
Contract size to open = 20 EOS
EP to SL = 3.7 Tick = $74
EP to TP = 8 Tick = $160
Expected Result
Loss = -$74
Gain = +$160
Risk/Reward Ratio = 2.16
Long Position (EP) : 17.3
Stop Loss (SL) : 13.6
Take Profit (TP) : 25.3
Description
formed Bread and butter buy at Day time frame. Trade setup with buy limit at 0.382 level (17.3) of FR 0.39% and place stop loss above 0.618 level (13.6) of FR 0.39% . Once the position was hit, place take profit at Cluster level of FE(25.3)
Money Management
Money in portfolio : $1500
Risk Management (20%) : $300
Position Sizing
1 EOS = $17.3
Contract size to open = 20 EOS
EP to SL = 3.7 Tick = $74
EP to TP = 8 Tick = $160
Expected Result
Loss = -$74
Gain = +$160
Risk/Reward Ratio = 2.16
Note
The order was activated
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.