Trading Signal Long Position (EP) : 60.29 Stop Loss (SL) : 60.16 Take Profit (TP) : 60.48, 60.98
Description CL1! formed Double Repo Buy at 1h time frame. Trade setup with buy limit at 0.618 level of FR (60.29) and place stop loss after 0.382 level of FR (60.16). Once the position was hit, place first take profit before an agreement zone (60.48) and second profit before an agreement (60.98)
Position Sizing $0.01 = +-$10 (Standard) $0.025 = +-$12.50 (Mini) Commission fee = -24/contract (Standard), -16/contract (Mini) EP to SL = $0.13 = -130/contract (STD), -65/contract (Mini) Contract size to open = 6 standard contracts and 1 mini contract EP to TP#1 = $0.19 = +$190 (STD), +$95 (Mini) EP to TP#2 = $0.69 = +$690 (STD), +$345 (Mini)
Expected Result Commission Fee = -$160 Loss = -$845 Gain#1 = +$665 Gain#2 = +$2,070 Total Gain = +$2,735 Risk/Reward Ratio = 3.23