E-Mini S&P 500 Future JUN18 (CME)
Trading Signal
Short Position (EP) : 2750.25
Stop Loss (SL) : 2766.25
Take Profit (TP) : 2708.25
Description
ES1! formed Inside Day Pattern. Place Buy stop at previous high (2766.25) and Sell stop at previous low (2750.25). Place take profit at 0.618 level of FR (2708.25). If the price doesn't reach target, close manually at close price.
Money Management
Money in portfolio : $50,000
Risk Management (1%) : $500
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$24/contract (Mini)
EP to SL = $16.00 = -$800/contract (Mini)
Contract size to open = 1 mini contract
EP to TP = $42 = +$2,100 (Mini)
Expected Result
Commission Fee = -$24
Loss = -$800
Gain = +$2,100
Risk/Reward Ratio = 2.63
Short Position (EP) : 2750.25
Stop Loss (SL) : 2766.25
Take Profit (TP) : 2708.25
Description
ES1! formed Inside Day Pattern. Place Buy stop at previous high (2766.25) and Sell stop at previous low (2750.25). Place take profit at 0.618 level of FR (2708.25). If the price doesn't reach target, close manually at close price.
Money Management
Money in portfolio : $50,000
Risk Management (1%) : $500
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$24/contract (Mini)
EP to SL = $16.00 = -$800/contract (Mini)
Contract size to open = 1 mini contract
EP to TP = $42 = +$2,100 (Mini)
Expected Result
Commission Fee = -$24
Loss = -$800
Gain = +$2,100
Risk/Reward Ratio = 2.63