Trading Signal Long Position (EP) : 1302.3 Stop Loss (SL) : 1301.4 Take Profit (TP) : 1304.7, 1308.3
Description GCQ2018 formed Double Double Repo Buy at 1h time frame. Trade setup with Buy Limit at 0.382 Level (1302.3) and place stop after 0.618 level (1301.4). Once the position was hit, place take profit before an agreement (1304.7) and 1308.3
Position Sizing $0.1 = +-$10 (Standard) Commission fee = -2.37/contract (Standard) EP to SL = $0.9 = -90/contract (STD) Contract size to open = 4 standard contracts EP to TP#1 = $2.4 = +$240 (STD) EP to TP#2 = $6.0 = +$600 (STD)
Expected Result Commission Fee = -$18.96 Loss = -$360 Gain#1 = +$480 Gain#2 = +$1,200 Total Gain = +$1,680 Risk/Reward Ratio = 4.43