The only interesting thing about the moves of the day was the timing. The yen gained most of its gains on the dollar during the Asian session. The European currencies gained most of their gains during the opening of the European session. Then only the pound gained significant ground against the dollar during the New York session.
The remainder of the sessions were fairly flat.
I only did 15 new trades today, closing 16 winners including 4 older trades, 1 loss, and 19 trades remain open. The net pips for the day is +103.0 pips, or 1.80% gain.
The SummerstreetFX account did a bit better. I did 7 new trades, closing 11 winners including 4 older trades, 0 losses, and 2 trades remain open. The net pips for the day on SummerstreetFX is +151.6 pips (a new high), or 2.73% gain.
Here are the daily stats for Tuesday, September 22, 2009.
| Open | High | Low | Close | Pip Interval |
| GBP/USD | 1.6218 | 1.6392 | 1.6201 | 1.6357 | 191 |
| EUR/USD | 1.4678 | 1.4820 | 1.4670 | 1.4789 | 150 |
| USD/CHF | 1.0322 | 1.0326 | 1.0215 | 1.0235 | 111 |
| USD/JPY | 91.90 | 92.10 | 90.92 | 91.08 | 118 |
| GBP/JPY | 149.00 | 149.38 | 148.45 | 148.99 | 93 |
Tomorrow should be very interesting with a lot of European economic announcements coming. Also the FOMC releases the interest rate announcement Wed. afternoon. It doesn't look good for the dollar.
May the pips be with us!
The Pipmaster
Email: titangroupfx@gmail.com
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