May 6, 2012

05/04/2012 Session


One trade:

Bought YMM12 @13,052, stopped out @13,035; P&L: - 17 points.

Orders for 05/07/2012 session:

Buy YMM12 @12,602 with 12,574 stop and 12,688 take-profit.
(Daily S3 support @12,594; weekly S2 support @12,732)

Sell YMM12 @13,098 with 13,116 stop and 13,066 take-profit.
(Daily R1 resistance @13,099; weekly Pivot Point @13,064)

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

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