02/23/11 Session

One trade:

Bought YMH11 @12,102, stopped out @12,084; P&L: -18 points..

Session low was 12,045; session high was 12,236; settlement price was 12,094.

Orders for 02/24/2011 session:

Buy YMH11 @12,002 with 11,984 stop and 12,044 take-profit.

(Daily S1 @12,104; daily Pivot Point @12,125)

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

(Daily R2 @12,316 and weekly Pivot Point @12,307; weekly S1 @ 12,235 and daily R1 @12,205)

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