05/13/2011 Session

One trade triggered:

Bought YMM11 @12,552, stopped out  @12,531; P&L: -21points.

Session low was 12,507; session high was 12,713; settlement price was 12,556.

Order for 05/16 session:

Sell YMM11 @12,698 with 12,716 stop and 12,662 take-profit.

(Weekly R1 resistance @12,696 and daily R1 resistance @12,677; weekly Pivot Point @12,600 and daily Pivot Point @12,592)

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