January 2, 2011

12/31/10 Session


No trades.

Session low was 11,467; session high was 11,558; settlement price was 11,513.

December P&L: -41 points.
(3 trades)

Orders for 01/03/2011 session:

Buy YMH11 @11,452 with 11,434 stop and 11,488 take-profit.
(Weekly S1 support is at 11,456 and daily S1 is at 11,467; weekly Pivot Point is at 11,510 and daily PP is at 11,513)

Sell YMH11 @11,598 with 11,611 stop and 11,571 take-profit.
(Daily R2 resistance is at 11,604; weekly R1 resistance is at 11,567)

Sell YMH11 @11,698 with 11,716 stop and 11,662 take-profit.
(Daily R3 resistance is at 11,695; order added 01/03 @2:30 pm ET)

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

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