E-Mini S&P500 Future JUN18 (CME)
Trading Signal
Long Position (EP) : 2668.25
Stop Loss (SL) : 2671.75
Take Profit (TP) : 2655.50, 2646.75
Current High: 2677.50
Description
ESM2018 formed Double Repo Sell at 30m time frame. Trade setup with Sell limit at 0.382 level (2668.25) and place stop loss at 0.618 level (2671.75). Once the position was hit, place take profit before an agreement zone (2655.50) and 2646.75 If stop loss reached, re-entry position with 2671.75 as entry point and 2677.50 as new stop loss.
Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$2.05/contract (Mini)
#First-Entry
EP to SL = $3.50 = -$-175/contract (Mini)
Contract size to open = 2 mini contract
EP to TP#1 = $12.75 = +$637.5 (Mini)
EP to TP#2 = $21.50 = +$1,075 (Mini)
#Re-Entry
EP to SL = $5.8 = -$287.5/contract (Mini)
Contract size to open = 2 mini contract
EP to TP#1 = $16.3 = +$812.5 (Mini)
EP to TP#2 = $25.00 = +$1,250 (Mini)
Expected Result
#First-Entry
Commission Fee = -$8.2
Loss = -$350
Gain#1 = +$637.5
Gain#2 = +$1,075
Total Gain = +$1,712.5
Risk/Reward Ratio = 4.78
#Re-Entry
Commission Fee = -$8.2
Loss = -$575
Gain#1 = +$812.5
Gain#2 = +$1,250
Total Gain = +$2,062.5
Risk/Reward Ratio = 3.54
Long Position (EP) : 2668.25
Stop Loss (SL) : 2671.75
Take Profit (TP) : 2655.50, 2646.75
Current High: 2677.50
Description
ESM2018 formed Double Repo Sell at 30m time frame. Trade setup with Sell limit at 0.382 level (2668.25) and place stop loss at 0.618 level (2671.75). Once the position was hit, place take profit before an agreement zone (2655.50) and 2646.75 If stop loss reached, re-entry position with 2671.75 as entry point and 2677.50 as new stop loss.
Money Management
Money in portfolio : $73,000
Risk Management (0.5%) : $365
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$2.05/contract (Mini)
#First-Entry
EP to SL = $3.50 = -$-175/contract (Mini)
Contract size to open = 2 mini contract
EP to TP#1 = $12.75 = +$637.5 (Mini)
EP to TP#2 = $21.50 = +$1,075 (Mini)
#Re-Entry
EP to SL = $5.8 = -$287.5/contract (Mini)
Contract size to open = 2 mini contract
EP to TP#1 = $16.3 = +$812.5 (Mini)
EP to TP#2 = $25.00 = +$1,250 (Mini)
Expected Result
#First-Entry
Commission Fee = -$8.2
Loss = -$350
Gain#1 = +$637.5
Gain#2 = +$1,075
Total Gain = +$1,712.5
Risk/Reward Ratio = 4.78
#Re-Entry
Commission Fee = -$8.2
Loss = -$575
Gain#1 = +$812.5
Gain#2 = +$1,250
Total Gain = +$2,062.5
Risk/Reward Ratio = 3.54