September 21, 2011

09/20/2011 Session

One trade:

Sold YMZ11 @11,398, stopped out @11,413; P&L: - 15 points.

Session low was 11,220, session high 11,475 and settlement price 11,335

Orders for 09/21 session:

Buy YMZ11 @11,202 with 11,184 stop and 11,238 take-profit.
(Weekly Pivot Point @11,200 and daily S1 support @11,212; daily Pivot Point @11,343)

Sell YMZ11 @11,598 with 11,616 stop and 11,562 take-profit.
(Daily R2 resistance @11,598)

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

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