6-8-2012 Friday - Henry

Friday 6/8/2012 20:39
G/U

H2 Chart
Sequence trend: Up
H2 Gold: Down
H2 DMI: Up
H2 range between inner bands: Upper -1.5594 Lower - 1.5446 (148 pips)
H2 TI trend: Up
2 hour Romar / Simple spread: Simple - 1.5471 Romar - 1.5472 (1 pip)

H1 CHART
Sequence trend: Up
H2 Gold: Down, but about to cross LR
H2 DMI: Down, just crossed
H2 range between inner bands: Upper -1.5579 Lower - 1.5502 (77 pips)
H2 TI trend: Up, but about to cross Ema for down

We are in consolidation between the Gold and Sequence trends. The H1 is showing the TI/Ema cross to put the sequence trend in consolidation.

1. Long on hit to H2 Simple/Romar
2. Short on re-syncing of the Gold trend and H1 TI/Ema crossing. Will need open candle below H1 Romar.