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
Money Management
Money in portfolio : $50,000
Risk Management (2%) : $1,000
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
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
Money Management
Money in portfolio : $50,000
Risk Management (2%) : $1,000
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