June 11, 2011

06/11/2011 Session

One trade triggered:

Bought YMU11 @11,952, stopped out @11,934; P&L: -18 points.

Session low was 11,854, session high 12,058 and settlement price 11,974

Orders for 06/13 session:

Buy YMU11 @11,802 with 11,784 stop and 11,838 take-profit.
(Daily S2 support @11,799; daily S1 support @11,928)

Sell YMU11 @11,998 with 12,016 stop and 11,962 take-profit.
(Daily R1 resistance @12,003; daily Pivot Point @11,928)

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

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