June 14, 2011

06/14/2011 Session

One trade triggered:

Sold YMU11 @11,998, stopped out @12,016; P&L: -18 points.

Session low was 11,878, session high 12,050 and settlement price 12,018

Orders for 06/15 session:

Buy YMU11 @11,802 with 11,784 stop and 11,838 take-profit.
(Daily S2 support @11,810; daily S1 support @11,914)

Sell YMU11 @12,148 with 12,166 stop and 12,112 take-profit.
(Daily R2 resistance @12,154; daily R1 resistance @12,086)

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

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