Natural Gas future NGU2018 ,D1
Trading Signal
Long Position (EP) : 2.72
Stop Loss (SL) : 2.702
Take Profit (TP) : 2.788, 2.872
Description
NG formed Double Repo Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (2.72) and place stop after 0.618 level (2.702). Once the position was hit, place take profit before an agreement (2.788) and 2.872
Money Management
Money in portfolio : $48486
Risk Management (1%) : $484.86
Position Sizing
$0.001 = +-$10 (Standard)
Commission fee = -2.37/contract (Standard)
EP to SL = $0.02 = -180/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $0.07 = +$680 (STD)
EP to TP#2 = $0.15 = +$1520 (STD)
Expected Result
Commission Fee = -$14.22
Loss = -$540
Gain#1 = +$1360
Gain#2 = +$1520
Total Gain = +$2880
Risk/Reward Ratio = 5.2
Long Position (EP) : 2.72
Stop Loss (SL) : 2.702
Take Profit (TP) : 2.788, 2.872
Description
NG formed Double Repo Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (2.72) and place stop after 0.618 level (2.702). Once the position was hit, place take profit before an agreement (2.788) and 2.872
Money Management
Money in portfolio : $48486
Risk Management (1%) : $484.86
Position Sizing
$0.001 = +-$10 (Standard)
Commission fee = -2.37/contract (Standard)
EP to SL = $0.02 = -180/contract (STD)
Contract size to open = 3 standard contracts
EP to TP#1 = $0.07 = +$680 (STD)
EP to TP#2 = $0.15 = +$1520 (STD)
Expected Result
Commission Fee = -$14.22
Loss = -$540
Gain#1 = +$1360
Gain#2 = +$1520
Total Gain = +$2880
Risk/Reward Ratio = 5.2
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