WTF!!!! $$$ Drops its pants!!

Discussion in 'Forex' started by FredBloggs, Nov 18, 2005.

  1. FredBloggs

    FredBloggs Guest

    wtf is happenning - ok we can all see whats happening, but any idea why?

    no ones talking, no release....any ideas?

    at least i made some money - so now i can relax and wonder why afterwards!!

    happy days!!
  2. BKuerbs


    *DJ ECB's Trichet: Ready To Take Decision On Interest Rates

    Bund dropped about 40 ticks.


    Bernd Kuerbs
  3. FredBloggs

    FredBloggs Guest

    could well be.

    my news wire prints that release at 7.59 cst, but the move kicked off at 7.46

    maybe someone had prior warning???
  4. FredBloggs

    FredBloggs Guest

    DJ ECB's Trichet: Ready To Make Decision On Interest Rates

    FRANKFURT (Dow Jones)--The European Central Bank's governing council is
    prepared to make a decision regarding interest rates, European Central Bank
    President Jean-Claude Trichet said Friday.

    "After two and a half years of maintaining historically and execeptionally
    low interest rates...the governing council is ready to take a decision,"
    Trichet said, speaking at a banking conference.

    The ECB has kept its key refinancing policy rate unchanged at 2% since June

    (MORE TO FOLLOW) Dow Jones Newswires

    11-18-05 0859ET

    Copyright (c) 2005 Dow Jones & Company, Inc.

    DJ info:

    2005-11-18 13:59:49 UTC
  5. BKuerbs


    The first headline was released at 14:48 CET (=8:48 EST).

    That's when the Bund started to drop seriously. Though it was in a down move all day long.


    Bernd Kuerbs
  6. It was a live speech on BB and the headlines all released on market news, reuters and bloomberg.

    There was no leak and inded the market took a few seconds to react.
  7. next week he will say"there is no reason to raise rates,inflation is ok".
  8. FredBloggs

    FredBloggs Guest

    lol - looks like ive just got a shitty news feed then!!

    thanks guys. this sure does explain it.

    thing is, i just jumped on the momentum and hit the offers on the eurofx. cos i wasnt so sure what it was i got out after 10 ticks. had i known what it was i would have had reason to stay in.

    for the first time ive seen the value in a good news feed! (DOH!!).

    anyway - at the end of the day it was sloppy trading on my part - should have covered half, not the whole lot like i usually do in planned trades.

    we live n learn.
  9. OfmY



    What news provider do you use? DJ?
    Can you give a link with details?

  10. Choad


    Is EVERYBODY in frog-land named "Jean-Claude" ???
    #10     Nov 18, 2005