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ECB Meeting & Press Conference

Sep 06, 2012 at 10:50
561 Zobrazení
4 Replies
Členom od Jan 31, 2012   168 príspevkov
Sep 06, 2012 at 10:50
How do you think this will affect the market?
According to an article https://pipburner.com/ecb-press-conference-mario-draghi-speech/, it can make some serious moves. Should we avoid trading during such economic events?
Členom od Jan 14, 2010   556 príspevkov
Sep 06, 2012 at 12:57
MRodrigez posted:
How do you think this will affect the market?
According to an article https://pipburner.com/ecb-press-conference-mario-draghi-speech/, it can make some serious moves. Should we avoid trading during such economic events?

Well, it did affect the Euro and looks like it is going down..although it can probably make a u-turn and head back up. We'll see after the dust settles.
Členom od Jan 31, 2012   168 príspevkov
Sep 06, 2012 at 13:13
Yeah, the market was crazy. As I see, it slowly recovers now.
TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Sep 07, 2012 at 10:03 (upravené Sep 07, 2012 at 10:04)
Euro been going one way lads and it's not down....that meeting didn't even cause a blip. K - well, maybe a blip.





TheCyclist
forex_trader_28881
Členom od Feb 07, 2011   724 príspevkov
Sep 07, 2012 at 10:18
My point is really the blip caused by that event is no different to the blip caused by any other event and for the most part is of no consequence.

I stop trading on wide spreads because of costs issues, but other than that I pretty much ignore news events of any type, unless it's about a big insolvent bank.

Now those I listen to...!!
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