December 29, 2011

12/29/11 Session

No trades.

Orders for 12/30 session:

Buy YMH12 @12,002 with 11,984 stop and 12,038 take-profit.
(Daily S2 support @12,024; daily S1 support @12,120)

Sell YMH12 @12,398 with 12,416 stop and 12,362 take-profit.
(Weekly R1 resistance @12,411)

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

December 28, 2011

12/28/11 Session

One trade:

Sold YMH12 @ 12,246, covered @12,226; P&L: + 20 points.

Orders for 12/29 session:

Buy YMH12 @11,952 with 11,934 stop and 11,988 take-profit.
(Daily S2 support @11,948; daily S1 support @12,015)

Sell YMH12 @12,398 with 12,416 stop and 12,362 take-profit.
(Weekly R1 resistance @12,411)

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