May 1, 2011

04/29/2011 Session


No trades triggered.

April P&L: -45 points.
(6 trades)

Session low was 12,688; session high was 12,796; settlement price was 12,756.

Orders for 05/02 session:

Buy YMM11 @12,702 with 12,684 stop and 12,734 take-profit.
(Daily S1 support @12,697; daily Pivot Point @12,747)

Sell YMM11 @12,898 with 12,916 stop and 12,866 take-profit.
(Weekly R1 resistance @12,905; daily R2 resistance @12,855)

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

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