Trading Signal Long Position (EP) : 16.540 Stop Loss (SL) : 16.370 Take Profit (TP) : 17.010, 17.320
Description SIK2018 formed Double Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (16.540) and place stop after 0.618 Level (16.370). Once the position was hit, place take profit before an agreement (17.010) and 17.320
Position Sizing $0.005 = +-$25 (Standard) Commission fee = -2.37/contract (Standard) EP to SL = $0.170 = -850/contract (STD) Contract size to open = 2 standard contracts EP to TP#1 = $11.1 = +$1,110 (STD) EP to TP#2 = $11.1 = +$1,110 (STD)
Expected Result Commission Fee = -$4.74 Loss = -$1,700 Gain#1 = +$2,350 Gain#2 = +$3,900 Total Gain = +$6,250 Risk/Reward Ratio = 3.66