January 24, 2012

01/24/2012 Session

No trades

Orders for 01/25 session:

Buy YMH12 @12,552 with 12,534 stop and 12,574 take-profit.
(Weekly Pivot Point @12,550; daily S1 support @12,574)

Sell YMH12 @12,698 with 12,716 stop and 12,666 take-profit.
(Daily R2 resistance @12,705; daily Pivot Point @12,666)

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

2 comments:

alternative investments said...

Does this mean this is a same day trade, i.e. in and put the same day before the market closes?

Isam Laroui said...

Hi Alternative Investments. These orders are entered after each day session (ending at 4:15 pm ET) for the following session (starting at 6:00 pm ET on the same day). These are day orders, therefore if none of my limit orders are filled by the following day at 4:15 pm ET, they get cancelled automatically. Hope this answers your question.