Trades/Orders (End of 8/26/10 Session)

Two trades (in chronological order):

Sold YMU10 @10,098, covered @ 10,062; P&L: 36 points.

Bought YMU10 @9,952, sold @ 9,994; P&L: 42 points.

New orders:

Buy YMU10 @9,852 with 9,834 stop and 9,888 take-profit.

(Daily S2 pivot point is 9,848)

Sell YMU10 @9,998 with 10,016 stop and 9,962 take-profit.

(Daily PP pivot point is 10,007)

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