Where can I see Draghi's speech live now?
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Where can I see Draghi's speech live now?
On the official BCE page.Look for it on Google.
Hello tickseker, test here: BCE webcast [https://www.ecb.europa.eu] (https://www.ecb.europa.eu
Do not forget to bring the confettis.
If you are still looking for where to see Draghi's speech when he has been talking for a while, better forget it.The important thing is not to see it live, but to understand what it says and how it affects the market.If you do not have access to live broadcast, check the summaries in Bloomberg or Reuters.Many times the headlines are more important than the full speech.
Why so hard to see it live?The really relevant is how the market reacts to your words.You can see the impact on graphics in real time without listening to it.But if you still insist on seeing it, the best option is the BCE website or some financial channel such as CNBC or Bloomberg.Although I warn you: sometimes the most interesting is what it does not say.
Draghi speaking live is like watching paint drying.If you think it will tell you something revolutionary that nobody knows, you will have a disappointment.Instead of wasting time with political speeches, better focus on how the market reacts.Professional traders do not listen to central bankers, they only observe the price.
If you operate based on Draghi's speeches, you better have fast reflexes, because the market moves in seconds after it opens your mouth.I usually follow it on the ECB site and, at the same time, monitor the graphics on a separate screen.The key is not what he says, but how the euro reacts in the first minute.
At this point in the party, what Draghi says is already discounted in the price.Most of their speeches do not generate surprises, they only confirm what we already know.If you want to operate based on that, prepare for a roller coaster.The market many times moves in the opposite direction to what you expect.
If you continue depending on speeches and news to operate, you are playing with fire.The movements during live events are pure noise.Much better to analyze the general trend and avoid entering volatility.Let the impulsors burn and enter when the dust settles.
The ECB site always transmits it, but you are looking for something with live comments, test in Bloomberg or CNBC.There they usually break down what it says and what it means for markets.Of course, prepare to listen to the same as always: "stability", "flexibility", "inflation expectations" ... all said in the most boring way possible.
I leave you advice: if you want to operate based on the speeches of Draghi or any central banker, do not take it into real account until you have practiced in demo.The movements can be brutal and the Spreads shoot.Many have burned accounts in seconds for entering the wrong moment.
If you missed the speech, don't worry.The important thing is the market reaction, not what Draghi has said.Go to the economic calendar and check the publications of Reuters or Bloomberg.There you will have the key summary without having to listen to all the talk.
Draghi's speeches are always the same: a lot of technicalism to say that they will continue to print money and keep low rates.If you really want to understand how it affects the market, check the yields of the bonds and the EUR/USD.There is the true story.
The best thing you can do is observe how currency pairs react without paying too much attention to what it says.Many times the market has already decided where it will go before Draghi ends the first sentence.
Unless you have high frequency software and a team of analysts behind you, try to operate with live speeches is crazy.Large funds already have scheduled algorithms to react in milliseconds.When you proceed what he said, they will have moved the market.
I do not understand the obsession of the people with seeing these speeches live.Unless you are a financial journalist, they don't bring you anything new.The really useful thing is to analyze the impact later.The long -term trend is not decided in a single speech.
If you think that seeing live speech will give you an advantage over other traders, you are dreaming.All big players already have access to that information before you.Focus on developing strategies based on technical analysis and Price Action.That will give you a real advantage over those that depend on news.
I follow it on Twitter.Most professional traders publish key points in seconds.In addition, analysts already tell you what each phrase means without having to listen to an hour of boring talk.
Seeing a live speech to operate is like betting in a horse race without knowing what the favorite is.If you really think you can get ahead of the market with that, an unpleasant surprise awaits you.
If what you are looking for is live broadcast, the ECB website is the right place.But if you are looking for money with these events, that is another story.The key is to understand how the big players react and not get carried away by the initial noise.
Every time Draghi speaks, the market does what he wants, regardless of whether his message is positive or negative.Much better wait a couple of hours and enter when volatility calms down.
I used to operate based on these speeches until I learned that it is a lottery.The Spreads are extended, the candles shoot meaningless and in the end, you end up burning the account.
You can see it live, but what you are looking for is to make money, you better learn to read the price action before and after the speech.The market does not always react as it should, and if you don't understand that, you will lose a lot of money.
If you think that a single speech changes the market management, then you need to study more.True movements occur when expectations change, not only because Draghi repeats the same as always.