February 29, 2012

02/29/2012 Session

One trade:

Bought YMH12 @12,952, stopped out @12,932; P&L: - 20 points.

Order for 03/01/2012 session:

Sell YMH12 @13,098 with 13,116 stop and 13,062 take-profit.
(Weekly R2 resistance @13,113 and daily R2 resistance @13,097; weekly R1 resistance @13,037)

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

February 28, 2012

02/28/2012 Session

No trades.

Orders for 02/29/2012 session:

Buy YMH12 @12,902 with 12,884 stop and 12,938 take-profit.
(Daily S2 support @12,901; daily S1 support @12,949)

Buy YMH12 @12,952 with 12,934 stop and 12,984 take-profit.
(Weekly Pivot Point @12,948 and daily S1 support @12,949; daily Pivot Point @12,986; order added on 02/29/2012 @2 pm ET)

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

February 27, 2012

02/27/2012 Session

No trades.

Orders for 02/28/2012 session:

Buy YMH12 @12,802 with 12,779 stop and 12,844 take-profit.
(Weekly S2 support @12,783 and daily S2 support @12,798; weekly S1 support @12,872 and daily S1 support @12,884)

Sell YMH12 @13,098 with 13,116 stop and 13,062 take-profit.
(Weekly R2 resistance @13,113 and daily R2 resistance @13,094; weekly R1 resistance @13,037 and daily R1 resistance @13,032)

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