Trades/Orders (End of 9/17/10 Session)

One trade:

Sold YMZ10 @10,624, covered @10,602; P&L: 22 points.

New orders:

Buy YMZ10 @10,406 with 10,389 stop and 10,444 take-profit.

(Daily S2 pivot point is 10,423; weekly S1 is 10,419)

Sell YMZ10 @10,694 with 10,711 stop and 10,662 take-profit.

(Daily R2 pivot point is 10,685)

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