6-14-2012 Thursday - Henry

Wednesday 6/13/2012 20:39
G/U

H2 Chart
Sequence trend: In Consolidation
H2 Gold: Down
H2 DMI: Down
H2 range between inner bands: Upper -1.5589 Lower - 1.5492 (97 pips)
H2 TI trend: Down
2 hour Romar / Simple spread: Simple - 1.5474 Romar - 1.5523 (49 pips)

H1 CHART
Sequence trend: In Consolidation
H1 Gold: Up
H1 DMI: Down
H1 range between inner bands: Upper -1.5562 Lower - 1.5486 (76 pips)
H1 TI trend: Down

In heavy consolidation with TI showing down with Romar/Simple showing up on the H2 and TI / Romar showing down and Simple showing up on the H1. H1 showing slider with the Gold crossing and subsequent Purple / White crossing. Will need Simple to cross Ema on the H1 to take the sequence trend out of consolidation. By then, H2 Romar should also be showing the Ema crossing. If we also get the Gold sync for the down, then we will look for the short.

1. Short on Romar/Ema crossing and Gold sync on H2 and hit to Ema.
2. Long on Gold sync for uptrend and open candle above H1 simple - only good for 20 pips with target to H1 TI.

Short GU @ 1.5538
Time- 7:32

Romar finally crossed Ema. Entered on the hit to H2/H1 TI.

Out for +30.