03/10/2011 Session

One trade:

Bought YMH11 @12,002, stopped out @11,984; P&L: -18 points.

Session low was 11,965; session high was 12,191; settlement price was 11,983; rollover to June 2011 contract.

Orders for 03/11 session:

Buy YMM11 @11,752 with 11,734 stop and 11,788 take-profit.

(Daily S2 support @11,756; daily S1 support @11,838)

Sell YMM11 @11,998 with 12,016 stop and 11,962 take-profit.

(Daily Pivot Point @11,983; daily S1 @11,838)

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