07/08/2011 Session

One trade triggered:

Bought YMU11 @12,602, stopped out @12,581; P&L: - 21 points.

Session low was 12,510, session high 12,722 and settlement price 12,615. 

Order for 07/11 session:

Buy YMU11 @12,502 with 12,484 stop and 12,538 take-profit.

(Weekly S1 support @12,487 and daily S1 support @12,510; weekly Pivot Point @12,604 and daily Pivot Point @12,615)

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