November 1, 2011

11/01/2011 Session

One trade:

Bought YMZ11 @11,802, stopped out @11,783; P&L: - 19 points.

Session low was 11,570, session high 11,917 and settlement price 11,682

Orders for 11/2 session:

Buy YMZ11 @11,402 with 11,373 stop and 11,488 take-profit.
(Daily S2 support @11,376 and weekly S2 support @11,400; daily S1 support @11,529)

Sell YMZ11 @11,998 with 12,016 stop and 11,962 take-profit.
(Weekly pivot point @12,006)

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

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