August 2, 2011

08/02/2011 Session

One trade triggered:

Bought YMU11 @11,902, sold @11,938; P&L: + 36 points.

Session low was 11,783, session high 12,090 and settlement price 11,804

Orders for 08/03 session:

Buy YMU11 @11,702 with 11,684 stop and 11,738 take-profit.
(Daily S1 support @11,695; daily Pivot Point @11,892)

Sell YMU11 @11,998 with 12,016 stop and 11,962 take-profit.
(Daily R1 resistance @12,002; daily Pivot Point @11,892)

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

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