Trading Signal Short Position (EP) : 2736 Stop Loss (SL) : 2744 Take Profit (TP) : 2676
Description EP1! future is about to form Double Repo Sell at 4h time frame. Sell stop position at 0.618 level of FR (2736) When the position has entered, place take profit before a confluence zone (2676) and place stop loss at 2744
Position Sizing 1 Tick value = +-$50 EP to SL = 8 Tick value = -400/contract Commission fee = -30/contract Contract size to open = 2 contracts EP to TP = 60 tick value = +$6,000
Expected Result Loss = -$860 Gain = +$6,000 Risk/Reward Ratio = 6.976