January 20, 2011

01/20/11 Session


One trade:

Bought YMH11 @11,702, sold @11,738; P&L: 36 points.

Session low was 11,694; session high was 11,801; settlement price was 11,774.

Orders for 01/21/2011 session:

Buy YMH11 @11,702 with 11,684 stop and 11,734 take-profit.
(Daily S1 support is at 11,712; daily Pivot Point is at 11,756)

Buy YMH11 @11,652 with 11,634 stop and 11,688 take-profit.
(Daily S2 support is at 11,649 and weekly Pivot Point is at 11,662; daily S1 support is at 11,712)

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

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