Crude Oil Future JUN18 (NYMEX)
Trading Signal
Short Position (EP) : 67.79
Stop Loss (SL) : 67.92
Take Profit (TP) : 67.37
Description
CLM2018 formed Double Repo Sell at 30m time frame. Trade setup with Sell stop at 0.382 level (67.79) and place stop loss after 0.618 level (67.92). Once the position was hit, place take profit before an agreement zone (67.37)
Money Management
Money in portfolio : $75,000
Risk Management (0.25%) : $188
Position Sizing
$0.01 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $0.13 = -$130/contract (STD)
Contract size to open = 1 standard contracts
EP to TP = $0.42 = +$420 (STD)
Expected Result
Commission Fee = -$4.74
Loss = -$310
Gain = +$420
Risk/Reward Ratio = 3.12
Short Position (EP) : 67.79
Stop Loss (SL) : 67.92
Take Profit (TP) : 67.37
Description
CLM2018 formed Double Repo Sell at 30m time frame. Trade setup with Sell stop at 0.382 level (67.79) and place stop loss after 0.618 level (67.92). Once the position was hit, place take profit before an agreement zone (67.37)
Money Management
Money in portfolio : $75,000
Risk Management (0.25%) : $188
Position Sizing
$0.01 = +-$10 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $0.13 = -$130/contract (STD)
Contract size to open = 1 standard contracts
EP to TP = $0.42 = +$420 (STD)
Expected Result
Commission Fee = -$4.74
Loss = -$310
Gain = +$420
Risk/Reward Ratio = 3.12