October 28, 2011

10/27/2011 Session

One trade:

Sold YMZ11 @11,948, stopped out @11,966; P&L: - 18 points.

Session low was 11,806, session high 12,228 and settlement price 12,168

Orders for 10/28 session:

Buy YMZ11 @11,902 with 11,884 stop and 11,938 take-profit.
(Daily S1 support @11,907; weekly R2 resistance @11,940)

Sell YMZ11 @12,498 with 12,516 stop and 12,462 take-profit.
(Daily R2 resistance @12,489)

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

October 26, 2011

10/26/2011 Session

No trades.

Session low was 11,632, session high 11,833 and settlement price 11,802

Orders for 10/27 session:

Buy YMZ11 @11,402 with 11,384 stop and 11,438 take-profit.
(Weekly S1 support @11,396)

Sell YMZ11 @11,948 with 11,966 stop and 11,912 take-profit.
(Daily R2 resistance @11,957 and weekly R1 resistance @11,940; daily R1 resistance @11,879)

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