August 8, 2011

08/08/2011 Session


One trade triggered:

Bought YMU11 @10,902, stopped out @10,884; P&L: -18 points.

Session low was 10,705, session high 11,321 and settlement price 10,726

Orders for 08/09 session:

Buy YMU11 @10,402 with 10,384 stop and 10,438 take-profit.
(Weekly S2 support @10,398)

Sell YMU11 @10,898 with 10,916 stop and 10,862 take-profit.
(Weekly S1 support @10,900)

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

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