September 13, 2011

09/13/2011 Session

One trade:

Bought YMZ11 @10,902, stopped out @10,885; P&L : - 17 points.

Session low was 10,835, session high 11,066 and settlement price 11,021

Orders for 09/14 session:

Buy YMZ11 @10,702 with 10,684 stop and 10,738 take-profit.
(Weekly S1 support @10,731)

Sell YMZ11 @11,198 with 11,216 stop and 11,162 take-profit.
(Daily R2 resistance @11,205; daily R1 resistance @11,113)

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

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