I'm sure you guys know about the greek elections that are coming up, but it seems that Oanda are preparing for the worst. I received this email this morning and was just letting the community know that one of the largest retail brokers are seemingly worried and personally I have never seen this occur before.
Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012. OANDA believes the convergence of a major market event during off-market hours represents a potential trading risk and has taken this rare step to protect traders from excessive rate fluctuations.
Furthermore, I don't think there is going to be much volume until Monday morning as traders are side lining rapidly so we will probably see ranging for the next few days. Seems like it's a slow day.
Check out this - http://tinyurl.com/cf7jvvr
It could be quite useful as its fairly low risk,
Good luck out there
Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012. OANDA believes the convergence of a major market event during off-market hours represents a potential trading risk and has taken this rare step to protect traders from excessive rate fluctuations.
Furthermore, I don't think there is going to be much volume until Monday morning as traders are side lining rapidly so we will probably see ranging for the next few days. Seems like it's a slow day.
Check out this - http://tinyurl.com/cf7jvvr
It could be quite useful as its fairly low risk,
Good luck out there
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