August 14, 2011

08/12/2011 Session

One trade triggered:

Bought YMU11 @10,902, sold @10,938; P&L: + 36 points.

Session low was 10,892, session high 11,309 and settlement price 11,250

Orders for 08/15 session:

Buy YMU11 @11,152 with 11,134 stop and 11,188 take-profit.
(Daily Pivot Point @11,150)

Sell YMU11 @11,398 with 11,416 stop and 11,362 take-profit.
(Daily R1 resistance @11,409)

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

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