10:30 am GMT (6:30 am U.S. EST) Trichet (ECB Leader) starts his speech. One of my rules is:
DO NOT TRADE DURING SPEECHES FROM CENTRAL BANK LEADERS! (Especial US, EUand UK)
So be cautious with this one guys. You can trade it if you want but if it breaks during or shortly before the speech I am not trading it.
{ 3 comments… read them below or add one }
Thanks Nick,
I can give a testimony to being in a trade during a major speech my frined. I lost my shirt last month after having one of the best weeks of trading ever! You can’t talk about if you never witness it. Please listen to this newbie’s! Stay the f*^$ out of the market during these times or learn the hard way like I did. I wouldn’t wish it on anybody. For real!
thanks for advice IkeJ and sorry about loss
Damien
Your welcome Damien, NickB and the crew know what there talking about dude.