Trades/Orders (End of 8/23/10 Session)

No trades.

New orders:

Buy YMU10 @10,052 with 10,034 stop and 10,094 take-profit.

(Daily S2 pivot point is 10,052; weekly S1 is 10,067)

Sell YMU10 @10,248 with 10,266 stop and 10,206 take-profit.

(Daily R1 pivot point is 10,248; weekly PP is 10,262; 50-day simple moving average is around 10,250)

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