During the European session, the dollar steadily lost ground. During the New York session, the market was mostly flat, but the dollar did gain about half of the ground lost against the pound. The euro lost all the ground gained against the dollar. The yen was pretty flat, but ultimately lost some ground to the dollar as did the Swissie.
Today, I did 30 new trades, 24 winners including 3 older trades, 0 losses, and 14 trades remain open. This is a lot more trades than I like to leave open, but tomorrow I should close a number of them. The net pips gained is +312.8 pips, or 7.65% gain.
Here are the daily stats for Thursday, September 3, 2009.
| Open | High | Low | Close | Pip Interval |
| GBP/USD | 1.6270 | 1.6410 | 1.6235 | 1.6316 | 175 |
| EUR/USD | 1.4262 | 1.4346 | 1.4235 | 1.4250 | 111 |
| USD/CHF | 1.0606 | 1.0635 | 1.0545 | 1.0625 | 90 |
| USD/JPY | 92.20 | 92.77 | 91.93 | 92.63 | 84 |
| GBP/JPY | 150.01 | 151.71 | 149.38 | 151.14 | 233 |
Tomorrow is Super Friday, also known as the Non-Farm Payroll monthly announcement where the government reports the net unemployment numbers. This report usually drives the market a little wild.
May the pips be with us!
The Pipmaster
Email: titangroupfx@gmail.com
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