Trading Signal
Long Position (EP) : 17.3
Stop Loss (SL) : 13.6
Take Profit (TP) : 25.3
Description
formed Bread and butter buy at Day time frame. Trade setup with buy limit at 0.382 level (17.3) of FR 0.39% and place stop loss above 0.618 level (13.6) of FR 0.39% . Once the position was hit, place take profit at Cluster level of FE(25.3)
Money Management
Money in portfolio : $1500
Risk Management (20%) : $300
Position Sizing
1 EOS = $17.3
Contract size to open = 20 EOS
EP to SL = 3.7 Tick = $74
EP to TP = 8 Tick = $160
Expected Result
Loss = -$74
Gain = +$160
Risk/Reward Ratio = 2.16