Long
EUR/USD Future JUN18 (CME)
Trading Signal
Long Position (EP) : 1.23685
Stop Loss (SL) : 1.23605
Take Profit (TP) : 1.2397
Description
E61! formed Double Repo Buy at 30m time frame. Trade setup with buy limit at 0.618 level of FR (1.23685) and place stop loss after 0.382 level of FR (1.23605). Once the position was hit, place take profit before an agreement (1.2397 )
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 = 0.00080 = -$100/contract
Contract size to open = 9 contracts
EP to TP = 0.00285 = +$356.25
Expected Result
Commission fee = -$216
Loss = -$900
Gain = +$3206.25
Risk/Reward Ratio = 3.56
Long Position (EP) : 1.23685
Stop Loss (SL) : 1.23605
Take Profit (TP) : 1.2397
Description
E61! formed Double Repo Buy at 30m time frame. Trade setup with buy limit at 0.618 level of FR (1.23685) and place stop loss after 0.382 level of FR (1.23605). Once the position was hit, place take profit before an agreement (1.2397 )
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 = 0.00080 = -$100/contract
Contract size to open = 9 contracts
EP to TP = 0.00285 = +$356.25
Expected Result
Commission fee = -$216
Loss = -$900
Gain = +$3206.25
Risk/Reward Ratio = 3.56
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.