10/06/2011 Session

One trade:

Sold YMZ11 @11,048, covered at 11,031; P&L: + 17 points.

Session low was 10,787, session high 11,065 and settlement price 11,046. 

Orders for 10/07 session:

Buy YMZ11 @10,902 with 10,884 stop and 10,938 take-profit.

(Weekly Pivot Point @10,894)

Sell YMZ11 @11,248 with 11,266 stop and 11,212 take-profit.

(Daily R2 resistance @11,244 and weekly R1 resistance @11,236; daily R1 resistance @11,145)

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