07/11/2011 Session

One trade triggered:

Bought YMU11 @12,502, stopped out @12,483; P&L: - 19 points.

Session low was 12,414, session high 12,598 and settlement price 12,489. 

Orders for 07/12 session:

Buy YMU11 @12,352 with 12,334 stop and 12,388 take-profit.

(Weekly S2 support @12,360; daily S1 support @12,403)

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

(Weekly Pivot Point @12,604 and daily R1 resistance @12,587; daily Pivot Point @12,500)

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