08/22/2012 - 08/24/2012 Sessions

No trades.

Orders for 08/27/2012 session:

Buy YMU12 @13,002 with 12,984 stop and 13,038 take-profit.

(Weekly S1 support @13,009; daily S1 support @13,057)

Sell YMU12 @13,298 with 13,316 stop and 13,266 take-profit.
(Weekly R1 resistance @13,306; daily R2 resistance @13,261)

08/21/2012 Session

One trade:

Bought YMU12 @13,202,stopped out @13,183; P&L: -19 points.

08/20/2012 Session

No trades.

Orders for 08/21/2012 session:

Buy YMU12 @13,202 with 13,184 stop and 13,224 take-profit.
(Weekly Pivot Point @13,192 and daily S1 support @13,199; daily Pivot Point @13,234)

Buy YMU12 @13,002 with 12,973 stop and 13,044 take-profit.

(Weekly S2 support @13,009; weekly S1 support @13,128)

08/13/2012 - 08/17/2012 Sessions

No trades.

Orders for 08/20/2012 session:

Buy YMU12 @13,202 with 13,184 stop and 13,219 take-profit.
(Weekly Pivot Point @13,192 and daily S2 support @13,196; daily S1 support @13,221)

Buy YMU12 @13,002 with 12,973 stop and 13,044 take-profit.

(Weekly S2 support @13,009; weekly S1 support @13,128)

08/10/2012 Session

No trades.

Order for 08/13/2012 session:

Buy YMU12 @13,002 with 12,973 stop and 13,044 take-profit.

(Weekly S2 support @12,979 and daily S2 support @13,009; weekly S1 support @13,076)

Good French Book Translated

A book that hit me with quite a force when I read it in French 3 years ago, Marie NDiaye's Trois Femmes Puissantes has just been translated in English and reviewed very positively in the New York Times.

French literature these days is definitely not as great as it used to be in the 19th century or even 50 years ago and my preferences usually run to U.S. contemporary novels (DeLillo, Franzen, Philip Roth, ...) but good French books do come out from time to time. This one actually won the 2009 Goncourt prize, the most prestigious literary prize in France which, just like every such prize, does not always crown worthy work. But NDiaye's book was a worthy winner and makes for a worthy read.

08/06/2012 - 08/09/2012 Sessions

No trades.

Standing order for 08/06/2012 - 08/10/2012 sessions:

Sell YMU12 @13,298 with 13,316 stop and 13,262 take-profit.

(Weekly R2 resistance @13,311)

08/03/2012 Session

No trades.

Order for 08/06/2012 session:

Sell YMU12 @13,298 with 13,316 stop and 13,262 take-profit.

(Weekly R2 resistance @13,311)

08/02/2012 Session

One trade:

Bought YMU12 @12,852, stopped out @ 12,831; P&L: - 21 points.

07/30/2012 - 08/01/2012 Sessions

No trades.

Standing orders for 07/30/2012 - 08/02/2012 sessions:

Buy YMU12 @12,852 with 12,834 stop and 12,888 take-profit.

(Weekly Pivot Point @12,852)

Sell YMU12 @13,248 with 12,266 stop and 12,212 take-profit.

(Weekly R1 resistance @12,242)

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