Trades/Orders (End of 9/24/10 Session)

One trade:

Sold YMZ10 @10,694, stopped out @ 10,716; P&L: -22 points.

Settlement price was 10,784.

New orders:

Buy YMZ10 @10,602 with 10,584 stop and 10,638 take-profit.

(Weekly S1 pivot point is 10,598; daily S1 is 10,650)

Buy YMZ10 @10,652 with 10,634 stop and 10,688 take-profit.

(Daily S1 pivot point is 10,650; weekly PP is 10,699; order added on 9/27 @12:10 pm ET)

Buy YMZ10 @10,702 with 10,689 stop and 10,723 take-profit.

(Weekly PP pivot point is 10,699; daily PP is 10,725)

Sell YMZ10 @10,848 with 10,866 stop and 10,812 take-profit.

(Daily R1 pivot point is 10,860; note added on 9/27 @12:10 pm ET: order entered on Saturday and then cancelled by Interactive Brokers' system for reasons unknown sometime on Sunday before it could work: my bad for not double and triple checking the order was still there before the open)

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