Trading Signal
Long Position (EP) : 2454.25
Stop Loss (SL) : 2401.75
Take Profit (TP) : 2609.5, 2694
Description
ESH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (2454.25) and place stop after 0.618 level (2401.75). Once the position was hit, place take profit before an agreement (2609.5) and 2694
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.25 = +-112.5/STD-contract
Commission fee = -33.34/STD-contract
EP to SL = $52.5 = -$2,625
Contract size to open = 2 standard contracts
EP to TP#1 = $155.25 = +$7,762.5
EP to TP#2 = $239.75 = +$11,987.5
Expected Result
Commission Fee = -$6.68
Loss = -$5,250
Gain#1 = +$7,762.5
Gain#2 = +$11,987.5
Total Gain = +$19,750
Risk/Reward Ratio = 3.76
Long Position (EP) : 2454.25
Stop Loss (SL) : 2401.75
Take Profit (TP) : 2609.5, 2694
Description
ESH2019 formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (2454.25) and place stop after 0.618 level (2401.75). Once the position was hit, place take profit before an agreement (2609.5) and 2694
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.25 = +-112.5/STD-contract
Commission fee = -33.34/STD-contract
EP to SL = $52.5 = -$2,625
Contract size to open = 2 standard contracts
EP to TP#1 = $155.25 = +$7,762.5
EP to TP#2 = $239.75 = +$11,987.5
Expected Result
Commission Fee = -$6.68
Loss = -$5,250
Gain#1 = +$7,762.5
Gain#2 = +$11,987.5
Total Gain = +$19,750
Risk/Reward Ratio = 3.76
Order cancelled
Reach TP#2 without matching order
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.