Gold Future AUG18 (1h)

Trading Signal
Long Position (EP) : 1295.9
Stop Loss (SL) : 1295.4
Take Profit (TP) : 1297.5, 1299.0

Description
GCQ2018 formed Double Repo Buy at 1h time frame. Trade setup with Buy Limit at 0.382 Level (1295.9) and place stop after 0.618 level (1295.4). Once the position was hit, place take profit before an agreement (1297.5) and 1299.0

Money Management
Money in portfolio : $78,000
Risk Management (1.00%) : $780

Position Sizing
$0.1 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $0.5 = -$50/contract (STD)
Contract size to open = 15 standard contracts
EP to TP#1 = $1.6 = +$160 (STD)
EP to TP#2 = $3.1 = +$310 (STD)

Expected Result
Commission Fee = -$71.10
Loss = -$750
Gain#1 = +$1,280
Gain#2 = +$2,170
Total Gain = +$3,450
Risk/Reward Ratio = 4.20