6-4-2012 Monday - Henry

Henry
Monday 6/4/2012:
A/U

Monthly candle is showing a nearly 300 pip imbalance with LR to the upside

Resistances:
Daily Gold/Purple: .9730
Daily Ema: .9792
Weekly Purple: .9800
H2 Romar: .9716
EDIT:
Additional resistance at H1 100 Simple @ .9731 and H2 100 Simple @ .9761

Supports:
H1 Romar/Gold: .9687
M30 Romar: .9675
H2 Ema: .9673
Daily lower BB: .9640

We are in consolidation with Gold downtrend on all upper TF's but Gold uptrend on all lower TF's. DMI's and TI's out of sync. We will get the triple sync on the H2 TI/EMA cross. Looking for S/R hits for entry in consolidation. Both M30 and H1 showing Gold between White and Purple, so we have to watch for the Gold / Purple cross for early signs of reversal of this uptrend.

1) Long on H2 TI / Ema cross and open candle above H2 Romar
2) Short on hit to H2 Romar if TI / Ema cross has not happened

hit to 1H ROMAR support. according to Henry's trading plan, long after open candle above 2H ROMAR and 2H TI/EMA cross.

edit: out +25. good entry off good trading plan. got out because too much resistance to get through on the 1H.