Wednesday, September 2, 2009

Hitting My Stride

Yesterday, I did over 500 pips. Today I followed that with over 400. That already sets a new high for the week in pips and its only Wednesday.

Now that September is here, the markets started to act a little more normal. Is it moving out of this constant choppiness? Maybe. I really don't expect too many changes until at least Friday when the Non-Farm Payroll numbers are announced. This is always done the first Friday of the month.

The dollar lost ground across the board against all major currencies today and ended close to its low. This could be the start of a trend where the dollar loses significant ground.

I made 26 new trades today, with 27 winners including 3 older trades, 0 losses, and 8 trades still open. The net pips for the day is +432.8 pips, or 11.94% gain.

Here are the daily stats for Wednesday, September 2, 2009.

Open High Low Close Pip Interval
GBP/USD 1.6156 1.6297 1.6111 1.6269 186
EUR/USD 1.4223 1.4292 1.4188 1.4263 104
USD/CHF 1.0653 1.0685 1.0580 1.0606 105
USD/JPY 92.91 93.04 92.09 92.20 95
GBP/JPY 150.12 150.52 149.00 150.01 152

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

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