Two trades:
Bought YMU10 @10,402, stopped out @ 10,387; P&L: -15 points.
Bought YMU10 @10,352, stopped out @ 10,338; P&L: -14 points.
(low of the day was 10,336)
New orders:
Buy YMU10 @10,321 with 10,309 stop and 10,348 take-profit.
(Daily S1 pivot point is 10,317)
Sell YMU10 @10,514 with 10,526 stop and 10,482 take-profit.
(Daily R1 pivot point is 10,519)
[ For some background and a disclaimer, please read this
post and especially this
post. ]
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