Trades/Orders (End of 11/12/10 Session)

One trade:

Bought YMZ10 @11,202, stopped out @11,184; P&L: -18 points.

Settlement price was 11,152.

New orders:

Buy YMZ10 @11,102 with 11,084 stop and 11,138 take-profit.

(Daily S1 support is 11,088; 11,106 was last session low; daily Pivot Point is 11,170)

Sell YMZ10 @11,298 with 10,316 stop and 11,262 take-profit.

(Daily R2 resistance is 11,316; daily R1 is 11,233)

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