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.
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