Morning Banjo,
Yeah I read those articles today... Now spend quite a lot of time on Bloomberg site every day, looking for fundamental analysis of EURUSD...
BTW, I have a new experience regarding 1min... If watch it not when price is in "no man's land" between the important levels it's indeed very noisy.
But if concentrate on 1min action around significant areas, then picture becomes much more clear and easily readable and really offers...
We're at the lower TL of a downchannel, so apt to reverse now...
Feel the need to regroup my trading approach a bit according to some new information, so will most likely not trade today, just watch, but will continue tomorrow...
Yoohoo,
Yes, obviously I just don't see some elements which would give me more confidence in a trade... But I still don't understand how exactly EMTL is constructed... :(