Trading Signal
Long Position (EP) : 6313
Stop Loss (SL) : 6136
Take Profit (TP) : 6900, 7415
Description
HEV formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (6313) and place stop after 0.618 level (6136). Once the position was hit, place take profit before an agreement (6900) and 7415
Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500
Position Sizing
$5 = +-$25 (Standard)
Commission fee = -15.02/contract (Standard)
EP to SL = $177 = -885/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $587 = +$2935 (STD)
EP to TP#2 = $1102 = +$5510 (STD)
Expected Result
Commission Fee = -$60.08
Loss = -$1770
Gain#1 = +$2935
Gain#2 = +$5510
Total Gain = +$8445
Risk/Reward Ratio = 4.61