01/23/2012 Session

One trade:

Sold YMH12 @12,698, covered @12,662; P&L: + 36 points.

Orders for 01/24 session:

Buy YMH12 @12,552 with 12,534 stop and 12,588 take-profit.

(Weekly Pivot Point @12,550 and daily S2 support @12,559; daily S1 support @12,604)

Sell YMH12 @12,698 with 12,716 stop and 12,666 take-profit.

(Daily R1 resistance @12,702; daily Pivot Point @12,657)

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