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Morning session on all strategies

Good morning, flat day so far today but that might change with some fundamentals coming out. Watch for 10:30, 11:00 and 11:30 on GBP, EUR and mostly CHF pairs. Today my focus on TrendTrace is primarily on EURUSD and USDCHF. I will wait for more clear signals which one is going to lead today. In a meantime here is an interesting question:

“… if I gave you a choice between $10,000 in U.S. dollars versus $10,000 worth of U.S. gold eagles, and said you couldn’t touch either for 10 years, which would you rather own a decade from now? Gold is the ultimate preserver of wealth. Increasingly, America’s governmental policies are leaving U.S. investors with fewer and fewer alternatives.
“

Interesting article about current price of OIL. Check that out: seekingalpha.com

 

UPDATE: watch for GBPCHF and NZDUSD moves

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