01/31/11 Session

One trade:

Bought YMH11 @11,702, sold @11,738; P&L: 36 points.

Session low was 11,690; session high was 11,851; settlement price was 11,840.

January P&L: +24 points.
(7 trades)

Orders for 02/01/2011 session:

Buy YMH11 @11,802 with 11,789 stop and 11,824 take-profit.

(Daily Pivot Point is at 11,794; weekly Pivot Point is at 11,833)

Sell YMH11 @11,898 with 11,916 stop and 11,862 take-profit.

(Weekly R1 resistance is at 11,914 and daily R1 resistance is at 11,897; weekly Pivot Point is at 11,833)

[ For some background and a disclaimer, please read this post and especially this post. ]

01/28/11 Session

One trade:

Buy YMH11 @11,802, stopped out @11,776; P&L: -26 points.

Session low was 11,753; session high was 11,965; settlement price was 11,775.

Orders for 01/31/2011 session:

Buy YMH11 @11,702 with 11,684 stop and 11,738 take-profit.

(Daily S1 support is at 11,697)

Sell YMH11 @11,898 with 11,916 stop and 11,862 take-profit.

(Daily R1 resistance is at 11,909)

[ For some background and a disclaimer, please read this post and especially this post. ]