Long
EURO Future JUN18 (CME)
Trading Signal
Long Position (EP) : 1.23830
Stop Loss (SL) : 1.23750
Take Profit (TP) : 1.24015, 1.24415
Description
E61! formed Double Repo Buy at 1h time frame. Trade setup with buy limit at 0.618 level of FR (1.23830) and place stop loss at 0.382 level of FR (1.23750). Once the position was hit, place take profit before an agreement (1.24015) and 1.24415
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 = 0.00080 = -$100/contract
Contract size to open = 4 contracts
EP to TP#1 = 0.00185 = +$231.25
EP to TP#2 = 0.00585 = +$731.25
Expected Result
Commission fee = -$19.76
Loss = -$400
Gain#1 = +$462.5
Gain#2 = +$1,462.5
Total Gain = +$1,925
Risk/Reward Ratio = 4.59
Long Position (EP) : 1.23830
Stop Loss (SL) : 1.23750
Take Profit (TP) : 1.24015, 1.24415
Description
E61! formed Double Repo Buy at 1h time frame. Trade setup with buy limit at 0.618 level of FR (1.23830) and place stop loss at 0.382 level of FR (1.23750). Once the position was hit, place take profit before an agreement (1.24015) and 1.24415
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 = 0.00080 = -$100/contract
Contract size to open = 4 contracts
EP to TP#1 = 0.00185 = +$231.25
EP to TP#2 = 0.00585 = +$731.25
Expected Result
Commission fee = -$19.76
Loss = -$400
Gain#1 = +$462.5
Gain#2 = +$1,462.5
Total Gain = +$1,925
Risk/Reward Ratio = 4.59
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.