November 9, 2011

11/09/2011 Session

One trade:

Bought YMZ11 @12,002, stopped out @11,985; P&L: -17 points.

Session low was 11,688, session high 12,128 and settlement price 11,732

Orders for 11/10 session:

Buy YMZ11 @11,402 with 11,384 stop and 11,438 take-profit.
(Daily S2 support @11,410)

Sell YMZ11 @11,898 with 11,916 stop and 11,862 take-profit.
(Weekly pivot point @11,891; daily pivot point @11,850)

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

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