Trading Signal Short Position (EP) : 66.55 Stop Loss (SL) : 66.90 Take Profit (TP) : 65.73, 64.82
Description CL1! formed Double Repo Sell at 1h time frame. Trade setup with Sell limit at 0.382 level (66.55) and place stop loss after 0.618 level (66.90). Once the position was hit, place take profit before an agreement zone (65.73) and 64.82
Position Sizing $0.01 = +-$10 (Standard) Commission fee = -2.37/contract (Standard) EP to SL = $0.35 = -350/contract (STD) Contract size to open = 2 standard contracts EP to TP#1 = $0.82 = +$820 (STD) EP to TP#2 = $1.73 = +$1,730 (STD)
Expected Result Commission Fee = -$9.48 Loss = -$700 Gain#1 = +$820 Gain#2 = +$1,730 Total Gain = +$2,550 Risk/Reward Ratio = 3.59