Airo,
It sounds like you are setting this up in the right way. As long as you can confirm that the parameters that you are choosing (0-18mV, linear, etc.) are the same as those in the documentation for your sensor, this should work.
The only thing that I am concerned about is your question about the pressure becoming negative. When you are setting up the ranges, the range that you choose will be the only possible outputs of your sensor. So if you choose 0 - 1 psi as your range, you will never be able to measure -.1 or 1.1 psi because they will be out of range.
I am hoping that those are the answers to your questions. I am somewhat confused by your last few questions. If you need additional clarification please post a more detailed question, and this for
um may be able to help you to get it answered.
Best of luck.
Jed R.
Applications Engineer
National Instruments