Mildly jet lagged here, and trying to get a handle on the Risk On Risk Off schizophrenia. The only safe trending trades have been the Grains and Metals, as traders buy the dips to park money.

1580, Gold, looks to be good support today and a trad able level to manage risk.

Suisse and EUR/CHF have both over shot my original tgt’s and more work will be needed to sort out another good zone in both.

I am mentioning this because this cross has been reflective of the metals breaks and rallies. Both the USD/CHF and EUR/CHF are getting very rich again. This simply means you have to be mindful of buying strength in the metals and selling weakness in the Euro.

Model Trading portfolio…Current Holdings

No Positions..