EverythingForex

WARNING! WARNING! WARNING!

FX:EURUSD   Euro / U.S. Dollar
WARNING! WARNING! WARNING!

This is just a PSA. Take it or leave it. I'm not normally a fundamental trader but there are certain events that just can't be ignored. There is expected to be a big announcement regarding the Greek financial crisis this weekend that COULD affect the markets in a BIG WAY! Come Monday when the markets open, you could see HUGE gaps! This is why you are seeing the euro just doing nothing at the moment and won't be moving today.

I'm not holding any positions over the weekend and I am advising to not do so! Remember the USDCHF dabacle a few months back? Many traders went to sleep and woke up broke! And some actually ended up with HUGE negative balance in their accounts having been stopped out and at prices way out of their accounts ability to handle the margin call! Some people ended up OWING their brokers A LOT of money! This could be a similar event. Or of course, a lot of hot air. Your choice. I made mine.


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