June 4, 2012

06/01/2012 Session


One trade:

Bought YMM12 @12,302, stopped out @12,284; P&L: - 18 points.

Orders for 06/04/2012 session:

Buy YMM12 @12,002 with 11,984 stop and 12,038 take-profit.
(Daily S1 support @12,005; daily Pivot Point @12,193)

Sell YMM12 @12,298 with 12,316 stop and 12,262 take-profit.
(Daily R1 resistance @12,290 and weekly Pivot Point @12,265; daily Pivot Point @12,193)

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

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