02/25/11 Session

One trade:

Sold YMH11 @12,098, stopped out @12,117; P&L: -19 points..

Session low was 12,012; session high was 12,140; settlement price was 12,110.

Orders for 02/28/2011 session:

Buy YMH11 @11,952 with 11,934 stop and 11,994 take-profit.

(Daily S2 support @11,959; daily S1 support @12,035)

Sell YMH11 @12,148 with 12,166 stop and 12,106 take-profit.

(Daily R1 resistance @12,163 and weekly Pivot Point @12,150; daily Pivot Point @ 12,087)

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