2 YEAR T-NOTE FUTURES (MAR 2019), 1D, CBOT
Updated
Trading Signal
Short Position (EP) : 106.09375
Stop Loss (SL) : 106.21875
Take Profit (TP) : 105.78125, 105.59375
Description
ZTH2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (106.09375) and place stop after 0.618 level (106.21875). Once the position was hit, place take profit before an agreement (105.78125) and 105.59375
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.0078125 = +-115.625/STD-contract
Commission fee = -22.94/STD-contract
EP to SL = $0.1 = -$250
Contract size to open = 12 standard contracts
EP to TP#1 = $0.3 = +$625
EP to TP#2 = $0.5 = +$1,000
Expected Result
Commission Fee = -$35.28
Loss = -$3,000
Gain#1 = +$3,750
Gain#2 = +$6,000
Total Gain = +$9,750
Risk/Reward Ratio = 3.2
Short Position (EP) : 106.09375
Stop Loss (SL) : 106.21875
Take Profit (TP) : 105.78125, 105.59375
Description
ZTH2019 formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (106.09375) and place stop after 0.618 level (106.21875). Once the position was hit, place take profit before an agreement (105.78125) and 105.59375
Money Management
Money in portfolio : $280,000
Risk Management (1%) : $2,800
Position Sizing
$0.0078125 = +-115.625/STD-contract
Commission fee = -22.94/STD-contract
EP to SL = $0.1 = -$250
Contract size to open = 12 standard contracts
EP to TP#1 = $0.3 = +$625
EP to TP#2 = $0.5 = +$1,000
Expected Result
Commission Fee = -$35.28
Loss = -$3,000
Gain#1 = +$3,750
Gain#2 = +$6,000
Total Gain = +$9,750
Risk/Reward Ratio = 3.2
Trade active
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