12/03/10 Session

No trades.

Session low was 11,286; session high was 11,399; settlement price was 11,364.

Orders for 12/06 session:

Buy YMZ10 @11,302 with 11,284 stop and 11,338 take-profit.

(Daily S1 support is 11,300; daily Pivot Point is 11,350)

Sell YMZ10 @11,398 with 11,416 stop and 11,362 take-profit.

(Daily R1 resistance is 11,413)

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

12/02/10 Session

One trade on 12/02/10 session:

Sold YMZ10 @11,348, stopped out @11,366; P&L: -18 points.

Session low was 11,211; session high was 11,366; settlement price was 11,363.

Order for 12/03 session:

Buy YMZ10 @11,252 with 11,234 stop and 11,294 take-profit.

(Daily S1 support is 11,261; daily Pivot Point is 11,313)

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

12/01/10 Session

One trade on 12/01/10 session:

Sold YMZ10 @11,198, stopped out @11,203; P&L: -5 points.

(welcome favorable slippage)

Session low was 10,971; session high was 11,268; settlement price was 11,233.

Orders for 12/02 session:

Buy YMZ10 @11,152 with 11,134 stop and 11,188 take-profit.

(Daily Pivot Point is 11,157; weekly R1 resistance is 11,193)

Sell YMZ10 @11,348 with 11,366 stop and 11,312 take-profit.

(Weekly R2 resistance is 11,357; daily R1 is 11,344)

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