High Probability Intraday Setup for S&P 500 E-mini Futures
Updated
The following are trades setup ideas in 15 mins chart for S&P 500 E-mini Futures
There are 2 distinctive dotted lines labeled as (provided by http://www.decisivealpha.com)
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 [url=decisivealpha.com ]decisivealpha.com
Long Setup
If price action closed above the AI's Intraday Resistance Line
AND demonstrate bullish sentiment by being able to close above the AI's Intraday Resistance Line through multiple retests prior to US Futures Market opening, the idea is to long on weakness and take profit at Pivot Point R2/R3 price region.
Depending on trader's positioning sizing, partial profit could be taken at Pivot Point R2. The remaining position could be utilized to ride the intraday bull sentiment should it continues to approach Pivot Point R3 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 "Long on weakness" as trade entry as a trader want to "Buy Low" and "Sell High".
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 (provided by http://www.decisivealpha.com)
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 [url=decisivealpha.com ]decisivealpha.com
Long Setup
If price action closed above the AI's Intraday Resistance Line
AND demonstrate bullish sentiment by being able to close above the AI's Intraday Resistance Line through multiple retests prior to US Futures Market opening, the idea is to long on weakness and take profit at Pivot Point R2/R3 price region.
Depending on trader's positioning sizing, partial profit could be taken at Pivot Point R2. The remaining position could be utilized to ride the intraday bull sentiment should it continues to approach Pivot Point R3 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 "Long on weakness" as trade entry as a trader want to "Buy Low" and "Sell High".
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/
Trade closed: stop reached
Hit Stoploss and reversed. Can't win everyday.i.imgur.com/43XbK5T.jpg
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