July 22, 2010

Trades/Orders (End of 7/22/10 session)


One trade:

Sold YMU10 @10,098, stopped out @ 10,113; P&L: -15 points.
(unfavorable slippage is not a rare occurrence either)

New orders:

Buy YMU10 @10,202 with 10,189 stop and 10,238 take-profit.
(Daily PP pivot point is 10,204)

Sell YMU10 @10,373 with 10,386 stop and 10,332 take-profit.
(Daily R1 pivot point is 10,374; )

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

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