01/06/2012 Session

One trade:

Sold YMH12 @12,398, covered @12,362; P&L: + 36 points.

Orders for 01/09 session:

Buy YMH12 @12,202 with 12,184 stop and 12,238 take-profit.

(Daily S2 support @12,194 and weekly S1 support @12,214; daily S1 support @12,251)

Sell YMH12 @12,398 with 12,416 stop and 12,362 take-profit.

(Weekly R1 resistance @12,410 and daily R1 resistance @12,357; daily Pivot Point @12,330)

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