July 17, 2010

Latest Trades And Orders (End of 7/16/10 session)


One trade:

Bought YMU10 @10,196, stopped out @10,182; P&L: -14 points.
(Another freak favorable slippage)

New orders:

Buy YMU10 @9,952 with 9,934 stop and 9,988 take-profit.
(Daily S1 pivot point is 9,952)

Sell YMU10 @10,144 with 10,161 stop and 10,106 take-profit.
(Daily PP pivot point is 10,136; weekly PP is 10,151)

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

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