Between the Fed Chair Testifying and the JOLTS release, I'm thinking things may be a bit choppy tomorrow, and since I can't monitor the market tomorrow, I'm placing a limit buy in with hopes that it will fill and who knows, maybe even sell in one day.
I'm thinking that now that resistance has been touched with a retreat back to an old support level of .74425 that this pair will now blow through the .74696 resistance and this pair will go up to .75509 with little to no resistance.
Looks like we have a nice break out here and a new established trend so I am pulling the trigger.
Anyhow, I have adjusted by stop loss in adding a new .3% loss strategy since OANDA's prices seem to differ by that much from the rest of the WORLD when they feel they can get away with it.
BTW, if anyone else knows of another bucket shop whose prices are base off...
Now that OANDA screwed me out of my first position LONG for this pair because those GREEDY BASTARDS do not care about their own reputation as being a BUCKET SHOP that seeks to rip off their customers by adjusting prices, lets see if I can still make money despite a dishonest FOREX Dealer.
Now that the market has calmed down a little, I am placing another order in...
Since I know have a strong cross in the EMA it looks like there is the beginnings of a channel, I'm adding to the trade and setting a target at what I believe will be the next resistance.
