Another Wild Ride

This was quite a start to the week. The currencies were really moving, but couldn't really decide which way to go. They went up and down with no real patterns forming. This left me with a number of trades open that I did not expect to have. The market would zig when I thought it would zag. I will see if I get can a number of these closed tomorrow.

The real key is that the day ended with the dollar losing ground again across the board to continue the trend. The question is if the trend is losing momentum and ready for a reversal?

I did 41 new trades today, closing 34 winners including 9 older trades, 0 losses, and 28 trades remain open. The net pips for today is +635.9 pips, or 18.31% gain.

Here are the daily stats for Monday, October 19, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6285	1.6421	1.6239	1.6419	182
EUR/USD	1.4882	1.4964	1.4828	1.4963	136
USD/CHF	1.0193	1.0227	1.0112	1.0112	115
USD/JPY	91.03	91.11	90.35	90.53	76
GBP/JPY	148.26	149.11	147.05	148.65	206

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com