February 29, 2012

02/29/2012 Session

One trade:

Bought YMH12 @12,952, stopped out @12,932; P&L: - 20 points.

Order for 03/01/2012 session:

Sell YMH12 @13,098 with 13,116 stop and 13,062 take-profit.
(Weekly R2 resistance @13,113 and daily R2 resistance @13,097; weekly R1 resistance @13,037)

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

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