WolfeDayRocker
Short

High Probability Intraday Trade Setup for Silver Future

COMEX:SI1!   Silver Futures
The following are trades setup ideas in 15 mins chart for Silver Futures .

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

Short Play Probability Setup
If price is below Pivot Point line and price action closed below the AI's Intraday Support Line, the idea is to short and take profit at Pivot Point S1 or S2. Traders may choose to take partial profit at Pivot Point S1 (instead of closing entire position) and depending if bearish sentiment continues, remaining position could be closed when price approaches below between Pivot point S1 and S2 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.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out