05/11/2011 Session

One trade triggered:

Bought YMM11 @12,552, sold @12,588; P&L: 36 points.

Session low was 12,542; session high was 12,740; settlement price was 12,597.

Order for 05/12 session:

Buy YMM11 @12,402 with 12,389 stop and 12,524 take-profit.

(Weekly S1 support @12,400; daily S2 support @12,428)

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