E-Mini S&P 500 Future JUN18 (CME)
Trading Signal
Long Position (EP) : 2767.75
Stop Loss (SL) : 2765.75
Take Profit (TP) : 2779
Description
#Fig.1
At day time frame, ES1! reached supply zone at 2761. Finding opportunity to buy at lower time frame.
#Fig.2 (TTS Long)
ES1! formed Double Repo buy at 30m time frame. Trade setup with buy limit at 0.618 level of FR (2767.75) and place stop loss at 0.382 level of FR (2765.75). Once the position was hit, place take profit before an agreement zone (2779)
Money Management
Money in portfolio : $55,000
Risk Management (2%) : $1,100
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$24/contract (Mini)
EP to SL = $2 = -$100/contract (Mini)
Contract size to open = 8 mini contract
EP to TP = $11.25 = +$562.5 (Mini)
Expected Result
Commission Fee = -$192
Loss = -$800
Gain = +$4,500
Risk/Reward Ratio = 5.625
Long Position (EP) : 2767.75
Stop Loss (SL) : 2765.75
Take Profit (TP) : 2779
Description
#Fig.1
At day time frame, ES1! reached supply zone at 2761. Finding opportunity to buy at lower time frame.
#Fig.2 (TTS Long)
ES1! formed Double Repo buy at 30m time frame. Trade setup with buy limit at 0.618 level of FR (2767.75) and place stop loss at 0.382 level of FR (2765.75). Once the position was hit, place take profit before an agreement zone (2779)
Money Management
Money in portfolio : $55,000
Risk Management (2%) : $1,100
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$24/contract (Mini)
EP to SL = $2 = -$100/contract (Mini)
Contract size to open = 8 mini contract
EP to TP = $11.25 = +$562.5 (Mini)
Expected Result
Commission Fee = -$192
Loss = -$800
Gain = +$4,500
Risk/Reward Ratio = 5.625