The surprise of the day was the pound. The pound lost ground from the open and ended the day over 2 cents (223 pips) lower. This was helpful because I got to clear out some old sells. However, I may be a little over extended again if it continues to lose ground. I'll see how things react on Monday.
I did 21 new trades today, closing 20 winners, 0 losses, and 21 trades remain open. The net pips for today is +308.3 pips, or a 6.73% gain.
For the week, the net pips is +757.8 pips, or a 5.64% gain.
On the SummerstreetFX account, I did 10 new trades, closing 4 winners, 0 losses, and 6 trades remain open. The net pips for today is +73.7 pips, or a 1.34% gain.
For the week with the SummerstreetFX account, the net pips is +331.1 pips, or a 5.52% gain.
Here are the daily stats for Friday, September 18, 2009.
| Open | High | Low | Close | Pip Interval |
| GBP/USD | 1.6451 | 1.6451 | 1.6228 | 1.6263 | 223 |
| EUR/USD | 1.4740 | 1.4745 | 1.4646 | 1.4706 | 99 |
| USD/CHF | 1.0282 | 1.0345 | 1.0275 | 1.0295 | 70 |
| USD/JPY | 91.07 | 91.52 | 90.97 | 91.31 | 55 |
| GBP/JPY | 149.82 | 150.01 | 148.22 | 148.58 | 179 |
In addition to getting the SummerstreetFX account to trade, I added 2 more clients this week.
Again, if you need any help understanding forex or any terms, go to www.babypips.com. The lessons and encyclopedia are great learning tools. Another good website is www.chartpatterns.com.
Stay tuned for more results next week.
Have a great weekend!
May the pips be with us!
The Pipmaster
Email: titangroupfx@gmail.com
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