Short
EUR/USD Future (CME)
Trading Signal
Short Position (EP) : 1.24085
Stop Loss (SL) : 1.24115
Take Profit (TP) : 1.2379
Description
E61! formed Double Repo Sell at 30m time frame. Trade setup with Sell limit at 0.618 level of FR (1.24085) and place stop loss after 0.382 level of FR (1.24115). Once the position was hit, place take profit before a first agreement (1.2379)
Money Management
Money in portfolio : $55,000
Risk Management (2%) : $1,100
Position Sizing
0.00005 = +-US$6.25
Commission fee = -$24/contract
EP to SL = 0.0003 = -$37.5/contract
Contract size to open = 18 contracts
EP to TP = 0.00295 = +$368.75
Expected Result
Commission fee = -$432
Loss = -$675
Gain = +$6,637.5
Risk/Reward Ratio = 9.83
Short Position (EP) : 1.24085
Stop Loss (SL) : 1.24115
Take Profit (TP) : 1.2379
Description
E61! formed Double Repo Sell at 30m time frame. Trade setup with Sell limit at 0.618 level of FR (1.24085) and place stop loss after 0.382 level of FR (1.24115). Once the position was hit, place take profit before a first agreement (1.2379)
Money Management
Money in portfolio : $55,000
Risk Management (2%) : $1,100
Position Sizing
0.00005 = +-US$6.25
Commission fee = -$24/contract
EP to SL = 0.0003 = -$37.5/contract
Contract size to open = 18 contracts
EP to TP = 0.00295 = +$368.75
Expected Result
Commission fee = -$432
Loss = -$675
Gain = +$6,637.5
Risk/Reward Ratio = 9.83
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.