Trades/Orders (End of 11/09/10 Session)

One trade:

Bought YMZ10 @11,296, stopped out @10,284; P&L: -12 points.

Settlement price was 11,313.

New orders:

Buy YMZ10 @11,202 with 10,184 stop and 11,244 take-profit.

(Daily S2 support is 11,194; daily S1 is 11,253)

Sell YMZ10 @11,398 with 10,416 stop and 11,362 take-profit.

(Session high was 11,400; daily R1 resistance is 11,386; daily Pivot Point is 11,327)

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