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.
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