02/22/11 Session

One trade:

Bought YMH11 @12,302, stopped out @12,284; P&L: -18 points..

Session low was 12,157; session high was 12,376; settlement price was 12,183.

Orders for 02/23/2011 session:

Buy YMH11 @12,102 with 12,084 stop and 12,144 take-profit.

(Weekly S2 support @12,095 and daily S1 @12,101; daily Pivot Point @12,239)

Sell YMH11 @12,298 with 12,321 stop and 12,256 take-profit.

(Daily R1 @12,320 and weekly Pivot Point @12,307; daily PP @12,239 and weekly @12,235)

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