August 31, 2011

08/31/2011 Session

One trade triggered:

Sold YMU11 @11,598, stopped out @11,616; P&L: - 18 points.


August 2011 P&L: + 134 points.
(16 trades: 8 winners, 8 losers - Partial comeback from July)

Session low was 11,469, session high 11,700 and settlement price 11,603

Order for 09/01 session:

Sell YMU11 @11,798 with 11,816 stop and 11,762 take-profit.
(Weekly R2 resistance @11,791)

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

August 30, 2011

08/30/2011 Session

No trades.

Session low was 11,415, session high 11,618 and settlement price 11,492

Orders for 08/31 session:

Buy YMU11 @11,402 with 11,384 stop and 11,438 take-profit.
(Daily S1 support @11,399; daily Pivot Point @11,508)

Sell YMU11 @11,598 with 11,616 stop and 11,562 take-profit.
(Daily R1 resistance @11,602)

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