Day Traders Lounge.
- Thread starter nirav_j
- Start date
I recently listened to this podcast. Some simple methods to get a hold on your emotions and a new concept of risk of ruin to me. Systems traders might find this useful.
http://bettersystemtrader.com/002-brent-penfold
http://bettersystemtrader.com/002-brent-penfold
PRESS RELEASE
28 June 2015 - ELA to Greek banks maintained at its current level
- ECB takes note of decision on Greek referendum and the non-prolongation of the EU adjustment programme
- ECB will work closely with Bank of Greece to maintain financial stability
- Emergency liquidity assistance maintained at Friday’s (26 June 2015) level
- Governing Council stands ready to review decision
- Governing Council closely monitoring situation and potential implications for monetary policy stance
- The Governing Council of the European Central Bank today welcomed the commitment by ministers from euro area Member States to take all necessary measures to further improve the resilience of euro area economies and to stand ready to take decisive steps to strengthen Economic and Monetary Union.
Following the decision by the Greek authorities to hold a referendum and the non-prolongation of the EU adjustment programme for Greece, the Governing Council declared it will work closely with the Bank of Greece to maintain financial stability.
Given the current circumstances, the Governing Council decided to maintain the ceiling to the provision of emergency liquidity assistance (ELA) to Greek banks at the level decided on Friday (26 June 2015).
The Governing Council stands ready to reconsider its decision.
Mario Draghi, ECB President, said: “We continue to work closely with the Bank of Greece and we strongly endorse the commitment of Member States in pledging to take action to address the fragilities of euro area economies.”
Yannis Stournaras, Governor of the Bank of Greece, said: “The Bank of Greece, as a member of the Eurosystem, will take all measures necessary to ensure financial stability for Greek citizens in these difficult circumstances.”
The Governing Council is closely monitoring the situation in financial markets and the potential implications for the monetary policy stance and for the balance of risks to price stability in the euro area. The Governing Council is determined to use all the instruments available within its mandate.
Source: https://www.ecb.europa.eu/press/pr/date/2015/html/pr150628.en.html
28 June 2015 - ELA to Greek banks maintained at its current level
- ECB takes note of decision on Greek referendum and the non-prolongation of the EU adjustment programme
- ECB will work closely with Bank of Greece to maintain financial stability
- Emergency liquidity assistance maintained at Friday’s (26 June 2015) level
- Governing Council stands ready to review decision
- Governing Council closely monitoring situation and potential implications for monetary policy stance
- The Governing Council of the European Central Bank today welcomed the commitment by ministers from euro area Member States to take all necessary measures to further improve the resilience of euro area economies and to stand ready to take decisive steps to strengthen Economic and Monetary Union.
Following the decision by the Greek authorities to hold a referendum and the non-prolongation of the EU adjustment programme for Greece, the Governing Council declared it will work closely with the Bank of Greece to maintain financial stability.
Given the current circumstances, the Governing Council decided to maintain the ceiling to the provision of emergency liquidity assistance (ELA) to Greek banks at the level decided on Friday (26 June 2015).
The Governing Council stands ready to reconsider its decision.
Mario Draghi, ECB President, said: “We continue to work closely with the Bank of Greece and we strongly endorse the commitment of Member States in pledging to take action to address the fragilities of euro area economies.”
Yannis Stournaras, Governor of the Bank of Greece, said: “The Bank of Greece, as a member of the Eurosystem, will take all measures necessary to ensure financial stability for Greek citizens in these difficult circumstances.”
The Governing Council is closely monitoring the situation in financial markets and the potential implications for the monetary policy stance and for the balance of risks to price stability in the euro area. The Governing Council is determined to use all the instruments available within its mandate.
Source: https://www.ecb.europa.eu/press/pr/date/2015/html/pr150628.en.html
Last edited:
Did you guys know, certain markets trade on sunday as well - http://www.ig.com/uk/ig-indices/sunday-germany-30
BTW its carnage all over.
BTW its carnage all over.
@ Dan. Is it not too late for a referendum now? The boat has significant holes in the bottom and they want voters to tell them now if the holes should or should not be plugged in a fast sinking boat. 5th july is the referendum so Greece will technically default on tuesday unless they are given a 30 day grace period.
Hi Risyman
The show must go on and will go on until one of the involved says and has enough power to say: Stop, enough is enough.
Peoples, institutions, ideologies, past contracts and agreements involved in the most complicated case:
Economists, political scientists, lawyers, investors, party ideologies, financial compensations ideologies, government ideologies, negotiation tactics, manipulation from the press on all sides, existing contracts from the past, pressure on demand from the different powers, left ideology against wright ideologies, poor against rich and vice versa and oligarchs against politicians and so on.......
Further about the Greeks by itself: Support for the Greece in Europe countries which is absolute miss used from the Greece government even they got supported from the poorest parts in the Euro-zone, which has even a lower level then them. Lying just to live to the next meeting. Giving and showing absolute no willingness to change any thing in there structural problems instead presenting air numbers which not can be reached because of there structural problems they have since dozens of years. And so on....
So we only can watch and wait how all this people and ideologies will do as next with and against each others. No clue from my side what it will be.
Take care / Dan
The show must go on and will go on until one of the involved says and has enough power to say: Stop, enough is enough.
Peoples, institutions, ideologies, past contracts and agreements involved in the most complicated case:
Economists, political scientists, lawyers, investors, party ideologies, financial compensations ideologies, government ideologies, negotiation tactics, manipulation from the press on all sides, existing contracts from the past, pressure on demand from the different powers, left ideology against wright ideologies, poor against rich and vice versa and oligarchs against politicians and so on.......
Further about the Greeks by itself: Support for the Greece in Europe countries which is absolute miss used from the Greece government even they got supported from the poorest parts in the Euro-zone, which has even a lower level then them. Lying just to live to the next meeting. Giving and showing absolute no willingness to change any thing in there structural problems instead presenting air numbers which not can be reached because of there structural problems they have since dozens of years. And so on....
So we only can watch and wait how all this people and ideologies will do as next with and against each others. No clue from my side what it will be.
Take care / Dan
And the spectacle goes on:
The Greek government has confirmed that banks will be closed all week, after a decision by the European Central Bank not to extend emergency funding.
http://www.bbc.com/news/world-europe-33307263
http://www.bbc.com/news/business-33303540
http://www.bbc.com/news/world-europe-32332221
The Greek government has confirmed that banks will be closed all week, after a decision by the European Central Bank not to extend emergency funding.
http://www.bbc.com/news/world-europe-33307263
http://www.bbc.com/news/business-33303540
http://www.bbc.com/news/world-europe-32332221
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