E-Mini S&P500 Future JUN18 (CME)
Trading Signal
#First-entry
Short Position (EP) : 2671.00
Stop Loss (SL) : 2674.00
Take Profit (TP) : 2656.75
#Re-entry
Short Position (EP) : 2674.00
Stop Loss (SL) : 2678.75
Take Profit (TP) : 2656.75
Description
ESM2018 formed Double Repo Sell at 30m time frame. Trade setup with Sell limit at 0.382 level (2671.00) and place stop loss at 0.618 level (2674.00). Once the position was hit, place take profit before an agreement zone (2656.75). If stop loss reached, re-entry position with 2674.00 as entry point and 2678.75, 2656.75 as a new stop loss and take profit respectively.
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 = $3.00 = -$-150/contract (Mini)
Contract size to open = 2 mini contract
EP to TP = $14.25 = +$712.5 (Mini)
#Re-Entry
EP to SL = $4.8 = -$237.5/contract (Mini)
Contract size to open = 2 mini contract
EP to TP = $17.3 = +$862.5 (Mini)
Expected Result
#First-Entry
Commission Fee = -$8.2
Loss = -$300
Gain = +$1,425
Risk/Reward Ratio = 4.62
#Re-Entry
Commission Fee = -$8.2
Loss = -$475
Gain = +$1,725
Risk/Reward Ratio = 3.57
#First-entry
Short Position (EP) : 2671.00
Stop Loss (SL) : 2674.00
Take Profit (TP) : 2656.75
#Re-entry
Short Position (EP) : 2674.00
Stop Loss (SL) : 2678.75
Take Profit (TP) : 2656.75
Description
ESM2018 formed Double Repo Sell at 30m time frame. Trade setup with Sell limit at 0.382 level (2671.00) and place stop loss at 0.618 level (2674.00). Once the position was hit, place take profit before an agreement zone (2656.75). If stop loss reached, re-entry position with 2674.00 as entry point and 2678.75, 2656.75 as a new stop loss and take profit respectively.
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 = $3.00 = -$-150/contract (Mini)
Contract size to open = 2 mini contract
EP to TP = $14.25 = +$712.5 (Mini)
#Re-Entry
EP to SL = $4.8 = -$237.5/contract (Mini)
Contract size to open = 2 mini contract
EP to TP = $17.3 = +$862.5 (Mini)
Expected Result
#First-Entry
Commission Fee = -$8.2
Loss = -$300
Gain = +$1,425
Risk/Reward Ratio = 4.62
#Re-Entry
Commission Fee = -$8.2
Loss = -$475
Gain = +$1,725
Risk/Reward Ratio = 3.57