07/01/2011 Session

One trade triggered:

Sold YMU11 @12,398, stopped out @12,417; P&L: - 19 points.

Session low was 12,330 ,session high 12,534 and settlement price 12,514. 

Orders for 07/05 session:

Buy YMU11 @12,452 with 12,434 stop and 12,488 take-profit.

(Daily Pivot Point @12,459; daily R1 resistance @12,589)

Sell YMU11 @12,598 with 12,616 stop and 12,562 take-profit.

(Daily R1 resistance @12,589; daily Pivot Point @12,459)

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