Short
EURO Future JUN18 (CME)
Trading Signal
Short Position (EP) : 1.23560
Stop Loss (SL) : 1.23660
Take Profit (TP) : 1.23415
Description
E61! formed Double Repo Sell at 30h time frame. Trade setup with sell limit at 0.618 level of FR (1.23560) and place stop loss at 0.382 level of FR (1.23660). Once the position was hit, place take profit before an agreement (1.23415)
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 = 0.00100 = -$125.00/contract
Contract size to open = 3 contracts
EP to TP = 0.00145 = +$181.25
Expected Result
Commission fee = -$14.82
Loss = -$375
Gain = +$543.75
Risk/Reward Ratio = 1.39
Short Position (EP) : 1.23560
Stop Loss (SL) : 1.23660
Take Profit (TP) : 1.23415
Description
E61! formed Double Repo Sell at 30h time frame. Trade setup with sell limit at 0.618 level of FR (1.23560) and place stop loss at 0.382 level of FR (1.23660). Once the position was hit, place take profit before an agreement (1.23415)
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 = 0.00100 = -$125.00/contract
Contract size to open = 3 contracts
EP to TP = 0.00145 = +$181.25
Expected Result
Commission fee = -$14.82
Loss = -$375
Gain = +$543.75
Risk/Reward Ratio = 1.39
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.