Trades/Orders (End of 10/27/10 Session)

One trade:

Bought YMZ10 @11,002, stopped out @10,981; P&L: -21 points.
(10,970 was session low)

Settlement price was 11,072.

New orders:

Buy YMZ10 @10,902 with 10,884 stop and 10,938 take-profit.

(Daily S2 pivot point is 10,884; weekly S1 is 10,913; daily S1 is 10,978)

Sell YMZ10 @11,148 with 11,166 stop and 11,112 take-profit.

(Daily R1 pivot point is 11,158; daily PP is 11,064)

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