December 12, 2011

12/12/11 Session

No trades.

Orders for 12/13 session:

Buy YMH12 @11,752 with 11,734 stop and 11,788 take-profit.
(Weekly S2 support @11,750; daily S1 support @11,820)

Sell YMH12 @12,098 with 12,116 stop and 12,062 take-profit.
(Daily R1 resistance @12,109 and weekly pivot point @12,086; daily pivot point @11,987)

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

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