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ECB rate decision coming up

AdamFx42 Posted 21 Apr.  in #Trader's blog #Ecb #Draghi #Rate Interest
The ECB rate interest decision is up in about half an hour
Traders all around do not expect the same fireworks as last time
Mario Draghi will probably be (much) more dovish this time
This could mean a drop in EurUsd
I am selling on my live account just below 1.14 (if we get there)
There is a possible H$S forming on the daily chart
gl all
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3 Comments
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AdamFx42 21 Apr.

wow - I was exactly right - bagged 120 pips in minutes :-)

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OneGoodTrade 24 Apr.

You have found some good rules to trade interest rate decisions. NZD was a good one too a few weeks back :)

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AdamFx42 25 Apr.

Thank you, it is all about avoiding greed and taking small positions that could lead to great profit, but will yield low loss if data surprises _ I will only execute trades that fit these conditions

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Big surprise for me yesterday at the ECB

AdamFx42 Posted 11 Mar.  in #Trader's blog #Draghi #No More Cuts #EUR Strength
I did not expect yesterday's ECB meeting to play out as it did
After the announcement of the extra measures and the initial move down
I was short EurUsd into the Draghi speech - betting on another move lower
Luckily I took a 20 pip profit before the fireworks started
The Draghi comment of no more cuts drew the bulls in
and EurUsd shot up beyond my expectations
I was itching to go short around 1.12 the rest of the day
and almost did last night, but could not get my computer to startup ..
This ret…
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Shorting the Euro in last attempt

AdamFx42 Posted 3 Sep.  in #Trader's blog #Draghi #EUR Short
I'm going short Eur in a last desperate attempt to win
I am down to 17K now, after losing most on Aud and Nzd longs that failed
Draghi is to speak soon, and usually Eur goes down afterwards :-)
I am short Eur/Usd now, and will add Eur/Gbp, Eur/Aud and Eur/Nzd shorts when I can
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