WolfeDayRocker

High Probability Intraday Setup for Natural Gas Futures

Long
NYMEX:NG1!   Natural Gas Futures
The following are trades setup ideas in 15 mins chart for Natural Gas Futures .

There are 2 distinctive dotted lines labelled as
1. AI's Intraday Resistance line
2. AI's Intraday Support line

Long Play Probability Setup
If price is above AI's Intraday Resistance line and price action continue to closed above the Pivot Point R1 line, the idea is to long and take profit at Pivot Point R2 and/or R3. Traders may choose to take partial profit at Pivot Point R2 (instead of closing entire position) and depending if bullish sentiment continues, remaining position could be closed when price approaches below between Pivot point R2 and R3 region. This is dependent on his/her position sizing to lock profits and to maintain an existing open position as risk-free.

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.

While it is optional, it is a good practice, in general, to trade this product during the US Future Market Session when there are higher volume and liquidity.

Disclaimer

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