High Probability Intraday Setup for Gold Futures
The following are trades setup ideas in 15 mins chart for Gold Futures
There are 2 distinctive dotted lines labeled as;
1. AI's Intraday Resistance
2. AI's Intraday Support
These 2 Support and Resistance signal lines are generated by machine learning AI robots as a high probability trade setup for long or short provided by www.decisivealpha.com
Short Setup
If price action closed below the AI's Intraday Support Line and Pivot Point Line
AND demonstrate bearish sentiment by not able to close above the Pivot Point S1 Line through 1-2 retests prior to US Futures Market opening, the idea is to Short on Strength and take profit at Pivot Point S2/S3 price region.
Depending on trader's positioning sizing, partial profit could be taken at Pivot Point S2. The remaining position could be utilized to ride the intraday bearish sentiment should it continues to approach Pivot Point S3 profit target.
The term "Long on weakness" and "Short on strength" is an important entry technique for traders to achieve alpha. Otherelse than having a winning strategy edge, the entry methodology could significantly improve profit efficiency by achieving better RRR (risk to reward ratio). This for example, could be accomplished by "Short on Strength" as trade entry as a trader want to "Sell higher for RRR" and "Buy Low".
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
This is highly recommended to trade during Europe and US market hours for liquidity and volume for this product.
Free AI's trades setup: http://www.decisivealpha.com
Join our Facebook Group: https://www.facebook.com/groups/546953325713995/
There are 2 distinctive dotted lines labeled as;
1. AI's Intraday Resistance
2. AI's Intraday Support
These 2 Support and Resistance signal lines are generated by machine learning AI robots as a high probability trade setup for long or short provided by www.decisivealpha.com
Short Setup
If price action closed below the AI's Intraday Support Line and Pivot Point Line
AND demonstrate bearish sentiment by not able to close above the Pivot Point S1 Line through 1-2 retests prior to US Futures Market opening, the idea is to Short on Strength and take profit at Pivot Point S2/S3 price region.
Depending on trader's positioning sizing, partial profit could be taken at Pivot Point S2. The remaining position could be utilized to ride the intraday bearish sentiment should it continues to approach Pivot Point S3 profit target.
The term "Long on weakness" and "Short on strength" is an important entry technique for traders to achieve alpha. Otherelse than having a winning strategy edge, the entry methodology could significantly improve profit efficiency by achieving better RRR (risk to reward ratio). This for example, could be accomplished by "Short on Strength" as trade entry as a trader want to "Sell higher for RRR" and "Buy Low".
Instead of relying on 100% discretionary (human) trading, the robots will provide trade execution plan and it is entirely up to the human trader's decision to follow.
This is highly recommended to trade during Europe and US market hours for liquidity and volume for this product.
Free AI's trades setup: http://www.decisivealpha.com
Join our Facebook Group: https://www.facebook.com/groups/546953325713995/
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