EURO Future JUN18 (CME)Trading Signal
Long Position (EP) : 1.20460
Stop Loss (SL) : 1.20370
Take Profit (TP) : 1.21035
Description
E6M2018 formed Double Repo Buy at 30m time frame. Trade setup with sell limit at 0.382 level (1.20460) and place stop loss at 0.618 level (1.20370). Once the position was hit, place take profit before an agreement (1.21035)
Money Management
Money in portfolio : $73,000
Risk Management (0.25%) : $183
Position Sizing
0.00005 = +-US$6.25
Commission fee = -$2.47/contract
EP to SL = 0.00090 = -$112.5/contract
Contract size to open = 2 contracts
EP to TP = 0.00575 = +$718.75
Expected Result
Commission fee = -$9.88
Loss = -$225
Gain = +$1,437.5
Risk/Reward Ratio = 6.12