03/30/2011 Session

One trade triggered:

Sold YMM11 @12,309, covered @12,281; P&L: 28 points.

Session low was 12,212; session high was 12,321; settlement price was 12,286.

Orders for 03/31 session:

Buy YMM11 @12,052 with 12,034 stop and 12,094 take-profit.

(Weekly Pivot Point @12,056)

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

03/29/2011 Session

No trades triggered.

Session low was 12,118; session high was 12,235; settlement price was 12,225.

Orders for 03/30 session:

Buy YMM11 @12,052 with 12,034 stop and 12,094 take-profit.

(Weekly Pivot Point @12,056 and daily S2 support @12,062; daily S1 support @12,144)

Sell YMM11 @12,309 with 11,326 stop and 12,281 take-profit.

(Daily R2 resistance @12,316 and weekly R1 resistance @12,310; daily R1 resistance @12,271)

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

03/28/2011 Session

No trades triggered.

Session low was 12,111; session high was 12,208; settlement price was 12,114.

Orders for 03/29 session:

Buy YMM11 @12,002 with 11,984 stop and 12,034 take-profit.

(20-day Exponential Moving Average is 12,004; daily S2 support 12,047 and weekly Pivot Point @12,056)

Sell YMM11 @12,248 with 11,266 stop and 12,212 take-profit.

(Daily R2 resistance @12,242; daily R1 resistance @12,178; order added 03/29 @1:00 pm ET)

Sell YMM11 @12,298 with 12,316 stop and 12,262 take-profit.

(Weekly R1 resistance @12,310; order added 03/29 @1:00 pm ET)

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