March 22, 2012

03/21/2012 Session

One trade:

Bought YMM12 @13,052, sold @13,088; P&L: + 36 points.

Orders for 03/22/2012 session:

Buy YMM12 @12,902 with 12,884 stop and 12,938 take-profit.
(Weekly S1 support @12,909; daily S2 support @12,971)

Sell YMM12 @13,198 with 13,216 stop and 13,162 take-profit.
(Daily R2 resistance @13,207; daily R1 resistance @13,137)

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

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