EURO Future JUN18 (CME)Trading Signal
Long Position (EP) : 1.22980
Stop Loss (SL) : 1.22920
Take Profit (TP) : 1.23125, 1.23290
Description
E61! formed Double Repo Buy at 30h time frame. Trade setup with buy limit at 0.618 level of FR (1.22980) and place stop loss at 0.382 level of FR (1.22920). Once the position was hit, place take profit before an agreement (1.23125) and 1.23290
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 = 0.00060 = -$75/contract
Contract size to open = 5 contracts
EP to TP#1 = 0.00145 = +$181.25
EP to TP#2 = 0.00310 = +$387.50
Expected Result
Commission fee = -$24.7
Loss = -$375
Gain#1 = +$543.75
Gain#2 = +$775
Total Gain = +$1,318.75
Risk/Reward Ratio = 3.30