EURO Future JUN18 (1h)

Trading Signal
Long Position (EP) : 1.17170
Stop Loss (SL) : 1.17035
Take Profit (TP) : 1.17605, 1.18085

Description

E6M2018 formed Double Repo Failure Buyl at 1h time frame. Trade setup with Sell limit at 0.382 level (1.17170) and place stop loss at 0.618 level (1.17035). Once the position was hit, place take profit before an agreement (1.17605) and 1.18085

Money Management

Money in portfolio : $78,000

Risk Management (0.50%) : $390

Position Sizing

0.00005 = +-US$6.25

Commission fee = -$2.47/contract

EP to SL = 0.00135 = -$168.75/contract

Contract size to open = 2 contracts

EP to TP#1 = 0.00435 = +$543.75

EP to TP#2 = 0.00915 = +$1,143.75

Expected Result

Commission fee = -$9.88

Loss = -$337.5

Gain#1 = +$543.75

Gain#2 = +$1,143.75

Total Gain = +$1,687.5

Risk/Reward Ratio = 4.86