04/26/2011 Session

One trade triggered:

Sold YMM11 @12,498, stopped out @ 12,515; P&L: -17 points.

Session low was 12,390; session high was 12,469; settlement price was 12,427.

Orders for 04/27 session:

Sell YMM11 @12,598 with 12,616 stop and 12,562 take-profit.

(Weekly R1 resistance @12,589 and daily R1 resistance @12,586; daily Pivot Point @12,492)

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