Trading Signal Short Position (EP) : 2713.25 Stop Loss (SL) : 2725.5 Take Profit (TP) : 2682, 2642.75
Description ES formed Double Repo Failure Sell at 1d time frame. Trade setup with Sell Stop at 0.382 Level (2713.25) and place stop after 0.618 level (2725.5). Once the position was hit, place take profit before an agreement (2682) and 2642.75
Position Sizing $0.1 = +-$10 (Standard) Commission fee = -2.05/contract (Standard) EP to SL = $12.25 = -612.5/contract (STD) Contract size to open = 2 standard contracts EP to TP#1 = $31.25 = +$1,562.5 (STD) EP to TP#2 = $70.5 = +$3,525 (STD)
Expected Result Commission Fee = -$8.2 Loss = -$1,225 Gain#1 = +$1,562.5 Gain#2 = +$3,525 Total Gain = +$5,087.5 Risk/Reward Ratio = 4.13