My recommendation for you today: don't trade. With the States out of the picture volume will be low and you will have two scenarios: either the pair will limp along with no real action for hours at a time or there will be extreme volatility. Save your equity for a higher-probability day. Professional traders can go weeks without entering a trade if the market conditions aren't right - you should be able to wait one day!

Memorial Day - from wikipedia:

Memorial Day is a United States federal holiday observed on the last Monday of May (May 31 in 2010). Formerly known as Decoration Day, it commemorates U.S. men and women who died while in the military service. First enacted to honor Union soldiers of the American Civil War (it is celebrated near the day of reunification after the Civil War), it was expanded after World War I.

See you tomorrow!

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Source: No Monday Signal - US Banks Closed Forex signals from: