Trading Signal
Long Position (EP) : 777
Stop Loss (SL) : 696
Take Profit (TP) : 1110
Description
ETHUSD formed Double Repo Buy at day time frame. Buy Limit position at 0.618 level of FR (777) When the position has entered, place take profit before an agreement (1110) and place stop loss at 696 When the price go up above 990, shift stop loss to Break Even (BE) position (777). Until the price reach TP (1110)
Money Management
Money in portfolio : $5,000
Risk Management (2%) : $100
Position Sizing
1 Tick value = +-$1
EP to SL = 81 Tick value = -$81/ETH
Contract size to open = 1.234
EP to TP = 333 tick value = +$333
Expected Result
Loss = -$100
Gain = +$410.922
Risk/Reward Ratio = 4.109
Long Position (EP) : 777
Stop Loss (SL) : 696
Take Profit (TP) : 1110
Description
ETHUSD formed Double Repo Buy at day time frame. Buy Limit position at 0.618 level of FR (777) When the position has entered, place take profit before an agreement (1110) and place stop loss at 696 When the price go up above 990, shift stop loss to Break Even (BE) position (777). Until the price reach TP (1110)
Money Management
Money in portfolio : $5,000
Risk Management (2%) : $100
Position Sizing
1 Tick value = +-$1
EP to SL = 81 Tick value = -$81/ETH
Contract size to open = 1.234
EP to TP = 333 tick value = +$333
Expected Result
Loss = -$100
Gain = +$410.922
Risk/Reward Ratio = 4.109