Trades/Orders (End of 10/4/10 Session)

One trade:

Bought YMZ10 @10,652, sold @10,688; P&L: 36 points.

Settlement price was 10,707.

New orders:

Buy YMZ10 @10,552 with 10,534 stop and 10,588 take-profit.

(Weekly S2 pivot point is 10,550; daily S2 is 10,558)

Sell YMZ10 @10,798 with 10,811 stop and 10,776 take-profit.

(Daily R1 pivot point is 10,787; weekly PP is 10,773)

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