6-15-2012 Friday - Henry

Thursday 6/14/2012 20:06
G/U

H2 Chart
Sequence trend: Up
H2 Gold: Up
H2 DMI: Up
H2 range between inner bands: Upper -1.5569 Lower - 1.5489 (70 pips)
H2 TI trend: Up, just crossing Ema
2 hour Romar / Simple spread: Simple - 1.5491 Romar - 1.5525 (34 pips)

H1 CHART
Sequence trend: Up
H1 Gold: Up
H1 DMI: Up
H1 range between inner bands: Upper -1.5566 Lower - 1.5518 (48 pips)
H1 TI trend: Up

Now with the H2 TI/Ema crossing, everything is synced for the uptrend. Have to be mindful of the possible Gold/Purple crossing on the H2 along with the small Simple/Romar spread indicating possible reversal. Still looking for long entries on retraces.

1. Long on hit to H1 Ema @ 5542 or H2 Ema/TI @ 5535.
2. Short on Gold sync and open candle below Romars.

Time- 21:24

Long @ 1.5538 on the hit to H2 Ema/TI according to plan.

TP- 40
SL- 20