ECB Webcast of the press conference 8 March 2012

Guest,

forget about what everybody says...EUR/USD is on a journey and the next stop might be 1.36000 before all the hell will break loose...losing 100% of ones investment in Greece bonds as compare to 75% haircut...is still money being lost...but the market is cheering because 25% will be recouped...what can I say..if Mr. Market is very happy with 25% then join Mr. Market to celebrate...however somebody has to pay 75% lost and that question will be asked sooner or later...so for now enjoy the party with EUR...and ask question later...after big guys starts to leave the bullet train at 1.3600 STATION...

dragonfire: i guess u must be losing big if u long now

Good stuff, the world is saved.....

Draghi: Need Discipline, Rules In Place To Be "Pillars Of Trust" Between Countries.
Nice

I feel better already

sure, but when?...it's all about timing

u are kind, was a rhetoric question

Inflationary comments. The inflation is tall. An euro jumped in this direction.

draghi: foreign demand, low interest rates, improved risk environment will be growth drivers for euroarea

LIVE: ECB's Draghi Destroys Hopes For Future Rate Cut, Scoffs At Risks To ECB's Balance Sheet

"The ECB is very transparent" Draghi $ECB $EURUSD

Draghi: structural reforms have a 'signalling' effect, 'confidence' effect; euro recovery will be 'very, very gradual, if not slow'

Draghi "We are not one country. You want to keep deliberations separate from national identities"

Must keep eyes on mandateprice stability in mid-term-- labor market remains slack #CNBC

Draghi "At this point in time, both LTROs have had powerful and complex effect, we have to see how landscape has changed"

this pair is definitely going down to 1.28

go to ecb website to watch

it will go down sometime but not so soon. Wait for what 20:00GMT may bring. If Greece exercise CAC, then we are into down. So far it has only hit 60% of the 75% required. Hedge fund parties are still hestitaing to get into it. Therefore the circus has only begin!

However the trend at the moment is still very much north.

With the hyper efficiency of the Greeks, we may not hear anything about the deal until near midnight.

EUr has just ramped up to 1.328 now, as stocks went high becos of a STUPID HOPE! But there is a likelihood that it will be delayed yet again by the twats in Greece.

Today trading is based on pure sentiment - nothing else, if anyone says it's technical - yes it's technical my sweet candy bottom. I traded with 1min timeframe and changes side as we go along.

If indeed we get a deal at 20:00. Expect some North but sentiments will change very quickly to down. Does anyone expect Greece to be able to pay on the 20th March even with this shit deal in place. Nope not moi!!!!

he avoid to answer about ltro3...

im not sure but allready they said about few weeks ago there is no ltro3 on the table any time soon

ECB'S DRAGHI: ECB is not politically and economically same as U.S.

ECB'S DRAGHI: ECB doesn't have "plan B" on nation leaviing euro. "Plan B" would mean admitting "defeat"

no news... draghi is bearish with hope...

When the final results are coming......and when the impacts of press Cof on EU are expected???

i think we must sell euro/usd

draghi:We want to separate the nationality of the members from the statements

draghi:I think we are doing the right thing with monetary policy

S&P 500 lost 60m 200 sma.

Draghi:LTRO was a unanimous decision. It’s not Germany against the others

bye-bye euro....i agree wit dragonfire...

We all know there is no plan B, but seriously is there a Plan A?

Maybe I am getting jaded but to top the day off we need another idiotic statement from the Fed.

as per chart i suspect it will go till 1.3220 it is the time to sell euro

yeah it will go down to about 1.28 but it still in 4th wave rally and that means it has to go to about 1.3550 to 1.3650 before it does down 8 cents , which would be about 40% of the last bear movement from 1.40 to 1.26

20:00 will give you some insight

missed that pop for added short entry there. tagged the 60 minute 200.

added 2 eur/usd shorts at 3270 have 3243 avg

I'm buying at the dip almost 100 pips now... buy guys buy....

what's the news???

Of course Draghi has to blow smoke up everyone's @$$ to justify his "policy." If he didn't, he'd be out of a job!

Yeah, everyone says sell, sell eur/usd, then who is it buying it, it went up a whole nine yards, to me this looks like nothing more then just a guessing game...

If it positive news they would have blast it . I say sell too much ambivalence sell

We'll see 1.36 before too long
Loooong
jim

well it will probably hit 1.3350 before going down to 1.28 thanks