Greece Alert!

Greece will hold a referendum on 5 July whether to make a deal with Europe. 35% of Greece ATM’s are drained and capital control measures may be imposed as soon as tomorrow!! Expect lethal gaps tonight guys. Also, forex brokers could suspend trading in the Euro so you can only close trades and not open new ones as well as raising margin requirements for the EUR pairs and crosses. If you are holding a trade in EUR I really wish you good luck but be prepared to take big losses because the stops will not hold in the gap.

Source: https://www.ddmarkets.com/

Greece banks are going to close this week. Many forex traders are going to lose over the gaps tonight and then complain that they lost. This is their fault for not checking the news, I am letting you know this now.