Trading Signal
Long Position (EP) : 373.0
Stop Loss (SL) : 360.0
Take Profit (TP) : 436.0
Description
formed Retrace over sold thrust down at D time frame. Trade setup with buy limit at 1H time frame at 0.618 level of FR (737.0) and place stop loss below ctrl cop(M) level of FE (360.0). Once the position was hit, place take profit before resistant of swing 0.382 of FR(440.73)
Money Management
Money in portfolio : $500
Risk Management (20%) : $100
Position Sizing
1 ETH = $381.5
Contract size to open = 0.25 ETH
EP to SL = 13 Tick = $3.25
EP to TP = 63 Tick = $15.75
Expected Result
Loss = -$3.25
Gain = +$15.75
Risk/Reward Ratio = 4.8
Long Position (EP) : 373.0
Stop Loss (SL) : 360.0
Take Profit (TP) : 436.0
Description
formed Retrace over sold thrust down at D time frame. Trade setup with buy limit at 1H time frame at 0.618 level of FR (737.0) and place stop loss below ctrl cop(M) level of FE (360.0). Once the position was hit, place take profit before resistant of swing 0.382 of FR(440.73)
Money Management
Money in portfolio : $500
Risk Management (20%) : $100
Position Sizing
1 ETH = $381.5
Contract size to open = 0.25 ETH
EP to SL = 13 Tick = $3.25
EP to TP = 63 Tick = $15.75
Expected Result
Loss = -$3.25
Gain = +$15.75
Risk/Reward Ratio = 4.8