NASDAQ 100 E-MINI FUTURES, 1D, CME
Trading Signal
Short Position (EP) : 7365.25
Stop Loss (SL) : 7428.25
Take Profit (TP) : 7149, 0
Description
NQU2018 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (7365.25) and place stop after 0.618 level (7428.25). Once the position was hit, place take profit before an agreement (7149)
Money Management
Money in portfolio : $150,000
Risk Management (1%) : $1,500
Position Sizing
$0.25 = +-$5
Commission fee = -$2.05/mini-contract
EP to SL = $63 = -$1,260/mini-contract
Contract size to open = 1 mini-contract
EP to TP = $216.25 = +$4,325
Expected Result
Commission Fee = -$4.1
Loss = -$1,260
Gain = +$43,25
Total Gain = +$4,320.9
Risk/Reward Ratio = 3.42
Short Position (EP) : 7365.25
Stop Loss (SL) : 7428.25
Take Profit (TP) : 7149, 0
Description
NQU2018 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (7365.25) and place stop after 0.618 level (7428.25). Once the position was hit, place take profit before an agreement (7149)
Money Management
Money in portfolio : $150,000
Risk Management (1%) : $1,500
Position Sizing
$0.25 = +-$5
Commission fee = -$2.05/mini-contract
EP to SL = $63 = -$1,260/mini-contract
Contract size to open = 1 mini-contract
EP to TP = $216.25 = +$4,325
Expected Result
Commission Fee = -$4.1
Loss = -$1,260
Gain = +$43,25
Total Gain = +$4,320.9
Risk/Reward Ratio = 3.42