June 27, 2011

06/27/2011 Session

One trade triggered:

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

Session low was 11,818 ,session high 12,031 and settlement price 11,990

Orders for 06/28 session:

Buy YMU11 @11,952 with 11,934 stop and 11,988 take-profit.
(Daily Pivot Point @11,946; daily R1 resistance @12,075)

Sell YMU11 @12,148 with 12,166 stop and 12,112 take-profit.
(Daily R2 resistance @12,159; daily Pivot Point @12,075)

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

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