Trading Signal Long Position (EP) : 2660 Stop Loss (SL) : 2617 Take Profit (TP) : 2740
Description SP1! future is about to form Double Repo Buy at 4h time frame. Buy stop position at 0.618 level of FR (2660) When the position has entered, place take profit before an agreement (2740) and place stop loss at 2617
Position Sizing 1 Tick value = +-$48 EP to SL = 43 Tick value = -$2,064/contract Contract size to open = 1 contracts EP to TP = 80 tick value = +$3,840
Expected Result Loss = -$2,064 Gain = +$3,840 Risk/Reward Ratio = 1.86