Trades/Orders (End of 11/23/10 Session)

One trade for the 11/23/10 session:

Bought YMZ10 @11,002, stopped out @10,983; P&L: -19 points.

Session low was 10,968; session high was 11,163; settlement price was 11,014.

Orders for the 11/24 session:

Buy YMZ10 @10,902 with 10,889 stop and 10,929 take-profit.

(Daily S1 support is 10,934)

Sell YMZ10 @11,048 with 11,066 stop and 11,012 take-profit.

(Daily Pivot Point is 11,048; weekly S1 support is 11,002)

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