6-20-2012 Wednesday - Henry

henrysong Tue Jun 19, 2012 9:59 pm

Tuesday 6/19/2012 20:55
G/U

H2 Chart
Sequence trend: Up
H2 Gold: Up, but about to cross for the down
H2 DMI: Up
H2 range between inner bands: Upper -1.5756 Lower - 1.5649 (107 pips)
H2 TI trend: Up
2 hour Romar / Simple spread: Simple - 1.5573 Romar - 1.5651 (78 pips)

H1 CHART
Sequence trend: Up
H1 Gold: Down
H1 DMI: Up
H1 range between inner bands: Upper -1.5748 Lower - 1.5698 (50 pips)
H1 TI trend: Up

In consolidation with the Gold trend opposite the Sequence Trend on the H1. We are about to have the Gold cross on the H2 to sync the Golds, will need to wait on the 22:00 candle. This may be enough for a short entry for 20 - 30 pips.

1. Short on Gold sync and open candle below H1 Ema. Target to H1 Romar / H2 TI.
2. Long on spike down and hit to H1 Romar or Gold sync back into the up trend. Look for the PSAR flip.