Trades/Orders (End of 8/10/10 Session)

One trade:

Bought YMU10 @10,602, stopped out @ 10,584; P&L: -18 points.

New orders:

Buy YMU10 @10,452 with 10,434 stop and 10,488 take-profit.

(Daily S2 pivot point is 10,443)

Sell YMU10 @10,748 with 10,766 stop and 10,712 take-profit.

(Daily R2 pivot point is 10,751)

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