Fast9

Platinum Futures PLV2018 , D1

Long
NYMEX:PLV2018   Platinum Futures (Oct 2018)
Trading Signal
Long Position (EP) : 827.9
Stop Loss (SL) : 815.2
Take Profit (TP) : 863.3, 899.6

Description
PLV2018 formed Double Repo Buy at 1d time frame. Trade setup with Buy Stop at 0.382 Level (827.9) and place stop after 0.618 level (815.2). Once the position was hit, place take profit before an agreement (863.3) and 899.6

Money Management
Money in portfolio : $48486
Risk Management (1%) : $484.86

Position Sizing
$0.1 = +-$5 (Standard)
Commission fee = -$2.37/contract (Standard)
EP to SL = $12.7 = -$635/contract (STD)
Contract size to open = 1 standard contracts
EP to TP#1 = $35.4 = +$1770 (STD)
EP to TP#2 = $71.7 = +$3585 (STD)

Expected Result
Commission Fee = -$4.74
Loss = -$635
Gain#1 = +$1770
Gain#2 = +$3585
Total Gain = +$5355
Risk/Reward Ratio = 8.37
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