04/20/2011 Session

One trade triggered:

Sold YMM11 @12,348, stopped out @12,361; P&L: -13 points.

Session low was 12,204; session high was 12,433; settlement price was 12,396.

Orders for 04/21 session:

Buy YMM11 @12,252 with 12,234 stop and 12,288 take-profit.

(Daily S1 support @12,256 and weekly Pivot Point @12,267; daily Pivot Point @12,344)

Sell YMM11 @12,548 with 12,566 stop and 12,512 take-profit.

(Weekly R2 resistance @12,550; daily R1 resistance @12,485)

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