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ECB Meeting & Press Conference
MRodrigez

Miembro desde Jan 31, 2012  153 mensajes Moreno Rodrigez (MRodrigez) 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?

James_Bond

Miembro desde Jan 14, 2010  556 mensajes James_Bond 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.

MRodrigez

Miembro desde Jan 31, 2012  153 mensajes Moreno Rodrigez (MRodrigez) Sep 06 2012 at 13:13
Yeah, the market was crazy. As I see, it slowly recovers now.

TheCyclist

Miembro desde Feb 07, 2011  724 mensajes PipGnostic (TheCyclist) Sep 07 2012 at 10:03 (editado a las 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.





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TheCyclist

Miembro desde Feb 07, 2011  724 mensajes PipGnostic (TheCyclist) 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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EURUSD 1.16648 GBPUSD 1.31474
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