Monday, September 14, 2009

Interesting Start

Today was a very interesting start to the week. I don't really know where to begin. The dollar has been losing ground to the other currencies for more than a week, but took at least a reprieve today with most of the currencies. The pound lost ground to the dollar early, then gave much of it back. The yen also gave ground to the dollar, gained some back, then lost it again. This caused the pound/yen pair to remain very confused not moving much at all, just back and forth.

The euro is the most interesting. It lost ground to the dollar, hovered back and forth, then proceeded to set another new high for 2009 during the New York session.

I guess that is why I find trading so interesting. It never ceases to throw a few surprises here and there.

Today, I did 30 new trades which began on my birthday, closing 30 winners including 6 older trades, 1 loss, and 27 trades remain open. The net pips for today is +356.7 pips, or 5.57% gain.

Here are the daily stats for Monday, September 14th, 2009.

Open High Low Close Pip Interval
GBP/USD 1.6680 1.6685 1.6519 1.6580 166
EUR/USD 1.4605 1.4650 1.4514 1.4616 136
USD/CHF 1.0356 1.0421 1.0327 1.0346 94
USD/JPY 90.31 91.12 90.19 90.92 93
GBP/JPY 150.63 150.87 149.87 150.75 100

In other news, I added a new client over the weekend. I also got a call from SummerstreetFX. They want me to start trading a small account starting tomorrow. If I do well, more money is waiting in the wings! - A lot more money!

The momentum is really starting to grow.

Also, I may be switching bank accounts which may allow deposits to be made and posted to the account faster. The current process takes about a week by the time the checks clear.

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

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