Trading Signal
Long Position (EP) : 16.540
Stop Loss (SL) : 16.370
Take Profit (TP) : 17.010, 17.320
Description
SIK2018 formed Double Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (16.540) and place stop after 0.618 Level (16.370). Once the position was hit, place take profit before an agreement (17.010) and 17.320
Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365
Position Sizing
$0.005 = +-$25 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $0.170 = -$850/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $11.1 = +$1,110 (STD)
EP to TP#2 = $11.1 = +$1,110 (STD)
Expected Result
Commission Fee = -$4.74
Loss = -$1,700
Gain#1 = +$2,350
Gain#2 = +$3,900
Total Gain = +$6,250
Risk/Reward Ratio = 3.66
Long Position (EP) : 16.540
Stop Loss (SL) : 16.370
Take Profit (TP) : 17.010, 17.320
Description
SIK2018 formed Double Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (16.540) and place stop after 0.618 Level (16.370). Once the position was hit, place take profit before an agreement (17.010) and 17.320
Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365
Position Sizing
$0.005 = +-$25 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $0.170 = -$850/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $11.1 = +$1,110 (STD)
EP to TP#2 = $11.1 = +$1,110 (STD)
Expected Result
Commission Fee = -$4.74
Loss = -$1,700
Gain#1 = +$2,350
Gain#2 = +$3,900
Total Gain = +$6,250
Risk/Reward Ratio = 3.66