04/28/2011 Session

No trades triggered.

Session low was 12,609; session high was 12,724; settlement price was 12,708.

Orders for 04/29 session:

Buy YMM11 @12,602 with 12,584 stop and 12,634 take-profit.

(Weekly R1 resistance @12,589; daily S1 support @12,637)

Sell YMM11 @12,798 with 12,816 stop and 12,762 take-profit.

(Daily R2 resistance @12,795; daily R1 resistance @12,752)

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

04/27/2011 Session

One trade triggered:

Sold YMM11 @12,598, stopped out @ 12,615; P&L: -17 points.

Session low was 12,514; session high was 12,658; settlement price was 12,641.

Orders for 04/28 session:

Buy YMM11 @12,602 with 12,584 stop and 12,638 take-profit.

(Weekly R1 resistance @12,589 and daily Pivot Point @12,604; daily R1 resistance @12,695)

Sell YMM11 @12,748 with 12,766 stop and 12,712 take-profit.

(Daily R2 resistance @12,748 and weekly R2 resistance @12,745; daily R1 resistance @12,695)

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