Trading Signal
Long Position (EP) : 2748.25
Stop Loss (SL) : 2745.25
Take Profit (TP) : 2760.00
Description
ES1! reached supply zone at day time frame, looking for buy opportunity in lower time frame. It formed TTS buy at 30m time frame. Trade setup with buy stop at previous low (2748.25) and place stop loss at current low (2745.25). Once the position was hit, place take profit before a resistance zone (2760.00)
Money Management
Money in portfolio : $55,000
Risk Management (2%) : $1,100
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$24/contract (Mini)
EP to SL = $3.00 = -$150/contract (Mini)
Contract size to open = 6 mini contract
EP to TP = $11.75 = +$587.5 (Mini)
Expected Result
Commission Fee = -$144
Loss = -$900
Gain = +$3,525
Risk/Reward Ratio = 3.92
Long Position (EP) : 2748.25
Stop Loss (SL) : 2745.25
Take Profit (TP) : 2760.00
Description
ES1! reached supply zone at day time frame, looking for buy opportunity in lower time frame. It formed TTS buy at 30m time frame. Trade setup with buy stop at previous low (2748.25) and place stop loss at current low (2745.25). Once the position was hit, place take profit before a resistance zone (2760.00)
Money Management
Money in portfolio : $55,000
Risk Management (2%) : $1,100
Position Sizing
$0.25 = +-$12.50 (Mini)
Commission fee = -$24/contract (Mini)
EP to SL = $3.00 = -$150/contract (Mini)
Contract size to open = 6 mini contract
EP to TP = $11.75 = +$587.5 (Mini)
Expected Result
Commission Fee = -$144
Loss = -$900
Gain = +$3,525
Risk/Reward Ratio = 3.92