GOLD FUTURES, 1D, COMEX

Trading Signal
Long Position (EP) : 1186
Stop Loss (SL) : 1178.8
Take Profit (TP) : 1203.1, 1218.6

Description
ZC formed Double Repo Buy at 1d time frame. Trade setup with Buy Limit at 0.382 Level (1186) and place stop after 0.618 level (1178.8). Once the position was hit, place take profit before an agreement (1203.1) and 1218.6

Money Management
Money in portfolio : $150000
Risk Management (1%) : $1500

Position Sizing
$0.1+-$10 (Standard)
Commission fee = -2.37/contract (Standard)
EP to SL = $7.2 = -720/contract (STD)
Contract size to open = 2 standard contracts
EP to TP#1 = $17.1 = +$1710 (STD)
EP to TP#2 = $32.6 = +$3260 (STD)

Expected Result
Commission Fee = -$9.48
Loss = -$1440
Gain#1 = +$1710
Gain#2 = +$3260
Total Gain = +$4970
Risk/Reward Ratio = 3.43