Read about this trader's gamble on the EUR/USD and how he felt about shorting the pair before it went up and what happened to him.
Fibonacci Short on EUR/USD? - Trade Closed | Forex Blog: Pick of the Day
These were some of the things coming across my Headline in MT4 during the ECB press conference this morning I hope they will be helpful in understanding things and learning.
ECB'S DRAGHI - INFLATION EXPECTED TO FALL BELOW 2 PCT THIS YEAR
DRAGHI BEGINS NEWS CONFERENCE AFTER ECB LEFT INTEREST RATES UNCHANGED AT 0.75 PCT
DRAGHI - OUR MONETARY POLICY STANCE IS ACCOMMODATIVE
DRAGHI - BALANCE SHEET ADJUSTMENT, PERSISTENT UNCERTAINTY WILL CONTINUE TO WEIGH ON ECONOMIC ACTIVITY
ECB'S DRAGHI - ECONOMIC WEAKNESS IN EURO ZONE EXPECTED TO EXTEND INTO 2013
DRAGHI - ESSENTIAL FOR GOVERNMENTS TO REDUCE FISCAL, STRUCTURAL IMBALANCES
ECB'S DRAGHI - DOWNSIDE RISKS TO ECONOMY RELATED TO SLOW REFORMS, GEOPOLITICAL ISSUES
ECB'S DRAGHI - SEE DOWNSIDE RISKS TO ECONOMIC OUTLOOK
ECB'S DRAGHI - SEES SIGNIFICANT IMPROVEMENT IN FINANCIAL MARKET CONFIDENCE
DRAGHI - FINANCIAL MARKET CONFIDENCE HAS IMPROVED FURTHER
DRAGHI - SEVERAL ECONOMIC INDICATORS HAVE BROADLY STABILISED AT LOW LEVELS
DRAGHI - INFLATION RISKS ARE BROADLY BALANCED
DRAGHI - DOWNSIDE INFLATION RISKS FROM WEAKER THAN EXPECTED ECONOMY, UPSIDE RISKS FROM TAXES, OIL PRICES
DRAGHI - TO LARGE EXTENT, SUBDUED LOAN DYNAMICS REFLECT CURRENT BUSINESS CYCLE
DRAGHI SAYS ECB INTEREST RATE DECISION WAS UNANIMOUS
DRAGHI, EXPLAINING DECISION TO HOLD RATES, SAYS BOND YIELDS, CDS ARE MUCH LOWER; STOCK MARKETS HAVE INCREASED
EURO CLIMBS TO ONE-WEEK HIGH VS DOLLAR
2013.01.10 13:45:08 BUND FUTURES EXTEND LOSSES AFTER DRAGHI COMMENTS, LAST 55 TICKS DOWN ON DAY AT 143.03
DRAGHI - SEEN STRONG CAPITAL INFLOWS INTO EURO ZONE
DRAGHI-DON'T WANT TO COMMENT SPECIFICALLY ON CRITERIA FOR IRELAND ACCESS TO OMT
EURIBOR FUTURES EXTEND LOSSES AS DRAGHI SPEAKS
ECB'S DRAGHI - YOU NEED TO SEE SIGNS OF RECOVERY BEFORE EXIT
DRAGHI-WE STILL SEE SIGNS OF SIGNIFICANT FRAGMENTATION IN EURO AREA
ECB'S DRAGHI - ASKED IF ECB THINKING OF EXIT PLAN, SAYS NO
SPOT GOLD RISES 0.8 PCT, HITS SESSION HIGH AT $1,671.50/OZ
DRAGHI - UNANIMOUS DECISION IMPLIES NO REQUEST FOR RATE CUT TODAY
DRAGHI - LACK OF CAPITAL IN BANKS HAS IMPROVED SIGNIFICANTLY
DRAGHI -WE WILL SEE BETTER CREDIT CONDITIONS THIS YEAR
DRAGHI - WE ARE PLEASED THAT EURO ZONE TAIL RISKS ARE BEING REMOVED
ECB'S DRAGHI - ASKED IF ECB COULD DO MORE LONG-TERM OPERATIONS, SAYS WE BELIEVE FUNDING CONDITIONS NOW ARE SATISFACTORY
DRAGHI -SEE A NORMALISATION OF CERTAIN CONDITIONS
ECB'S DRAGHI - NOT SEEING EARLY, STRONG RECOVERY
DRAGHI -DON'T SEE ANY RISKS OF EXUBERANCE
ECB'S DRAGHI - SPECIFIC AREAS WHERE MIGHT HAVE SIGNS OF EXUBERANCE INCLUDE SOME VALUATION OF PRIVATE EQUITY DEALS
DRAGHI - NATIONAL BANKING SUPERVISORS HAVE BECOME MUCH MORE ACTIVE, INTRUSIVE
DRAGHI - WELCOME RECENT AGREEMENT ON BASEL III LIQUIDITY RULE EASING
DRAGHI -UNEMPLOYMENT AND ECONOMY ARE IMPORTANT IN OUR ASSESSMENT OF PRICE STABILITY
DRAGHI - FOREIGN EXCHANGE RATES ARE VERY IMPORTANT ELEMENT IN PRICE STABILITY
DRAGHI - REAL AND EFFECTIVE EURO EXCHANGE RATES AT LONG-TERM AVERAGE
DRAGHI - ASKED IF ECB COULD DO FUNDING FOR LENDING SCHEME, SAYS LTRO'S AND COLLATERAL RULE EASING VERY SIMILAR TO BOE POLICY
DRAGHI -PRESENT SITUATION CHARACTERISED BY HIGH UNCERTAINTY
DRAGHI - SIGNIFICANT PROGRESS HAS BEEN MADE IN ALL EURO ZONE COUNTRIES
DRAGHI - THERE IS POSITIVE CONTAGION WHEN THINGS GO WELL
DRAGHI -POSITIVE CONTAGION IS IN PLAY NOW
