April 5, 2012

04/04/2012 Session

One trade:

Bought YMM12 @13,002, stopped out @12,884; P&L: - 18 points.

Orders for 04/05/2012 session:

Buy YMM12 @12,852 with 12,834 stop and 12,888 take-profit.
(Weekly S2 support @12,837 and daily S2 support @12,846; daily S1 support @12,926)

Sell YMM12 @13,098 with 13,121 stop and 13,062 take-profit.
(Weekly Pivot Point @13,117 and daily R1 resistance @13,110; daily Pivot Point @13,030)

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

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