Since the lies and propaganda ministerium that is the news machinery is running at full tilt already(okay, SLIGHTLY strong wording, ey ;p Still, smoke and mirrors nonetheless) and FF is filling up with yet another misconstrued "it was Ben" myth, here's the actual, real, TRADEABLE reason the EURUSD fell.
We retraced back to former support now turned resistance, made a clear bearish reversal with a Pin Bar and fell. (The pin had formed and closed a full hour before Ben's speech)
I could name both Elliot Wave and another system's reason for the drop, but that's neither here nor there.
You don't need voodoo to trade a chart or a subscription based instant news service or a cool fundamental explaining site with sooooo experienced people.
You just need a price feed and eyes, really.
(Some say they don't even need that, but that's another topic I guess as well)
No flying Spaghetti-Monsters here, just s/r, price action...
We retraced back to former support now turned resistance, made a clear bearish reversal with a Pin Bar and fell. (The pin had formed and closed a full hour before Ben's speech)
I could name both Elliot Wave and another system's reason for the drop, but that's neither here nor there.
You don't need voodoo to trade a chart or a subscription based instant news service or a cool fundamental explaining site with sooooo experienced people.
You just need a price feed and eyes, really.
(Some say they don't even need that, but that's another topic I guess as well)
No flying Spaghetti-Monsters here, just s/r, price action...
Trust price. Know yourself.