EURO Future JUN18 (CME)Trading Signal
Long Position (EP) : 1.23820
Stop Loss (SL) : 1.23725
Take Profit (TP) : 1.24205
Description
E61! formed Double Repo Buy at 30m time frame. Trade setup with buy limit at 0.382 level (1.23820) and place stop loss at 0.618 level (1.23725). Once the position was hit, place take profit before an agreement (1.24205)
Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365
Position Sizing
0.00005 = +-US$6.25
Commission fee = -$2.47/contract
EP to SL = 0.00095 = -$118.75/contract
Contract size to open = 3 contracts
EP to TP = 0.00385 = +$481.25
Expected Result
Commission fee = -$14.82
Loss = -$356.25
Gain = +$1,443.75
Risk/Reward Ratio = 3.89