07/07/2011 Session

One trade triggered:

Sold YMU11 @12,648, stopped out @12,666; P&L: -18 points.

Session low was 12,572, session high 12,698 and settlement price 12,681. 

Order for 07/08 session:

Buy YMU11 @12,602 with 12,584 stop and 12,634 take-profit.

(Daily S1 support @12,603; daily Pivot Point @12,650)

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