August 3, 2011

08/03/2011 Session

One trade triggered:

Bought YMU11 @11,702, stopped out @11,686; P&L: - 16 points.

Session low was 11,648, session high 11,884 and settlement price 11,818

Order for 08/04 session:

Buy YMU11 @11,552 with 11,534 stop and 11,588 take-profit.
(Daily S2 support @11,547; daily S1 support @11,683)

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

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