Saturday, January 21, 2012

Perfect set up




Mrs V is no longer a fan of ej and she asked for au to go up (watches 3 currencies).

This is about as good a set up as you'll get. Trend is clear, D chart rsi crossed up and we are above 50 level. 1hr retrace and move up on rsi above 50. 5 min higher low in trend (short term as shown by the 5 min ema's and in line with long term D chart view).

Nice set up, she wasn't in front of the computer at the time.

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