Wild Action Continues

Today was another really wild ride. It was another day where the volume was really heavy. When I thought that last week was going to be relatively flat, I was dead wrong.

Today's movement was especially tough to decipher. The best way to describe them is like a backward S lying on its back. The pound and the euro first started to gain strength against the dollar during the Asian session. After teetering for a while, they began zigzagging downward as the dollar gained strength. Later in the day during the New York session, they gained some strength back against the dollar.

Today was just dreadful for me. I did 28 new trades today, closing 23 winners including 3 older trades, and 10 losses. The net pips for today is -887.2 pips, or -2.77% loss.

Here are the daily stats for Monday, November 30, 2009.

GBP/USD	1.6520	1.6590	1.6378	1.6438	212
EUR/USD	1.5016	1.5082	1.4963	1.5003	119
USD/CHF	1.0040	1.0074	0.9992	1.0051	82
USD/JPY	86.78	86.84	85.84	86.40	100
GBP/JPY	143.35	143.88	141.00	142.02	288

And from last week, here are the daily stats for Friday, November 27, 2009.

GBP/USD	1.6530	1.6533	1.6270	1.6461	263
EUR/USD	1.5018	1.5018	1.4827	1.4961	191
USD/CHF	1.0026	1.0174	1.0024	1.0061	150
USD/JPY	86.56	87.00	84.81	86.47	219
GBP/JPY	143.09	143.45	139.28	142.33	417

Here are the daily stats from Thanksgiving, Thursday, November 26, 2009.

GBP/USD	1.6702	1.6723	1.6465	1.6530	258
EUR/USD	1.5132	1.5140	1.4958	1.5018	182
USD/CHF	1.0020	1.0069	0.9990	1.0025	79
USD/JPY	87.33	87.46	86.28	86.56	118
GBP/JPY	145.85	146.16	142.50	143.08	366

I will have to pass on the rest of the results from last week later. There is another discrepancy I have to settle with the brokerage. Some trades got closed on Thanksgiving day that were not supposed to be closed. This is the second time this has happened and I am very upset with Summerstreet. I may have to change brokerages if this cannot be resolved. I'm supposed to talk to the owner of the brokerage tomorrow, who was traveling today.

On another note, the market really beat me up today. I am going to take some time off to shake this off. It is not good to trade on emotion, and I am really upset. There is more to come later.

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

Happy Thanksgiving!

I decided to take some time off over the Thanksgiving holiday weekend. I will post the results on Monday.

I hope you all had a great holiday weekend and remembered all the things we should be thankful for.

Happy Thanksgiving!

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

High Volumes Part III

I'm not sure what has got into the market this week, but it has been wild. Today's volumes across the major currencies were even higher than each of the previous two days. Also, instead of being relatively flat, the last day and a half the dollar has taken a beating. If it continues tomorrow, we are very likely into wave 5 of the Elliott Wave.

If that is the case, I will have to dump some short positions against the dollar. I've been hesitant to do that because I thought that this would be a flat week and not a lot of movement. It is a slow week of economic announcements, and because of the Thanksgiving holiday in the US, it should be slow and flat.

So far, that has not been the case. I have left a lot of positions open that I will have to close because it is really eating up my margin. We will see what tomorrow brings.

Today also marked the first time since March 2008 that the Swiss Franc is worth more than the US dollar. It crossed par value during the European session and gained further ground during the New York session. The pound and euro both gain significant ground against the dollar. The euro really shot up midway through the New York session.

Anyway, I did a lot of trading today trying to manage my positions. I made 50 new trades today, closing 45 winners including 11 older trades, and 0 losses. The net pips for today is +940.7 pips, or 5.79% gain.

Here are the daily stats for Wednesday, November 25, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6586	1.6743	1.6574	1.6702	169
EUR/USD	1.4967	1.5143	1.4954	1.5132	189
USD/CHF	1.0085	1.0094	0.9955	0.9963	139
USD/JPY	88.47	88.61	87.20	87.33	141
GBP/JPY	146.74	147.61	145.60	145.85	201

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

High Volumes Part II

Today was another day of high volumes across the major currencies, even higher than yesterday. It was also a day where the currencies were all over the place. Many times during the day the European cousins (the pound, euro, and swiss franc) were moving in opposite directions.

This makes it very difficult to trade successfully. I did 35 new trades today, closing 29 winners including 10 older trades, and 0 losses. The choppiness led to more open trades than I like so I will focus the rest of the week on closing open trades while the market should be relatively flat.

The net pips for today is +438.6 pips, or 1.78% gain.

Here are the daily stats for Tuesday, November 24, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6602	1.6616	1.6495	1.6586	121
EUR/USD	1.4959	1.4987	1.4887	1.4967	100
USD/CHF	1.0099	1.0151	1.0075	1.0086	76
USD/JPY	88.95	89.04	88.33	88.47	71
GBP/JPY	147.67	147.87	146.20	146.74	167

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

High Volumes

The surprising note about today is that the trading volumes are unusually high. Maybe it's because of the holiday week of Thanksgiving in the US that everyone wants to get their trading done beforehand. Or maybe it's because that traders all saw a reversal forming against the dollar and jumped in. Whatever the reason, the trading volumes were the highest of the month of November.

It began right before the start of the European session. For the next couple hours, the market moved the majority of the movement for the day. The rest of the day was relatively flat.

It was a light day of trading for me however. I did 13 new trades, closing 15 winners including the 9 older trades that were in profit from last Friday, and 0 losses. The net pips for today is +342.8 pips, or 1.43% gain.

Here are the daily stats for Monday, November 23, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6493	1.6646	1.6471	1.6602	175
EUR/USD	1.4853	1.4997	1.4831	1.4959	166
USD/CHF	1.0183	1.0197	1.0071	1.0099	126
USD/JPY	88.82	89.17	88.56	88.95	61
GBP/JPY	146.49	148.18	146.26	147.68	192

Because of the holiday week, I would expect trading to be relatively flat. Time will tell.

The other note of the day, more deposits were added to the brokerage account - yeah! I also got a new client today. Welcome!

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

Pound Takes a Beating

Today, the pound really slid throughout the European session, losing over 200 pips. The other currencies lost ground to the dollar, but not nearly as much.

This is the third straight day the pound has lost ground to the dollar. It has retreated back to nearly where it began at the beginning of the month. This has allowed me to clear out a number of older trades in profit, which is good.

I did 23 new trades today, closing 16 winners including 4 older trades, and 0 losses. I have 9 trades in positive territory that I'm holding for more profit if the market continues its trend. The net pips for today is +426.8 pips, or 1.49% gain.

For the week, the net pips is +2117.9 pips, or 5.73% gain.

Here are the daily stats for Friday, November 20, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6665	1.6673	1.6458	1.6504	215
EUR/USD	1.4923	1.4933	1.4800	1.4861	133
USD/CHF	1.0130	1.0221	1.0121	1.0174	100
USD/JPY	88.96	89.12	88.67	88.82	45
GBP/JPY	148.25	148.37	146.42	146.60	195

Have a great weekend.

I made corrections to the daily and weekly numbers.

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

More Unusual Moves

Although the total movement today wasn't unusual, the timing and lengths of the moves were. Or, maybe I was just really out of sync with the market. I think it was more the former, but that is irrelevant.

All the European currencies lost ground to the dollar, but the yen gained ground. Thus, the pound/yen was the big mover today.

I did 33 new trades today, closing 25 winners including 7 older trades, and o losses. The net pips for today is +485 pips, or 1.52% gain.

Here are the daily stats for Thursday, November 19, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6747	1.6750	1.6604	1.6665	146
EUR/USD	1.4961	1.4964	1.4842	1.4924	122
USD/CHF	1.0097	1.0194	1.0093	1.0128	101
USD/JPY	89.30	89.42	88.62	88.95	80
GBP/JPY	149.55	149.64	147.29	148.25	235

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

Hump Day

Wednesday is hump day because it is in the middle of the week. Once you're past the middle, it's downhill to the weekend. Today, the euro and yen imitated a hump. They started going up and then later in the day retreated back around their starting point.

The yen came close to its starting point forming a doji, but the euro didn't quite make it and gained on the dollar for the day. The pound couldn't make up its mind and was stagnant most of the day. When the New York session started, then it decided to follow suit and lose ground against the dollar. Keeping up with the theme of indecision for the week, the pound lost and the euro gained. When the currencies travel in opposite directions like that, the markets are somewhat confused.

Because of the lighter movement and the mixed directions, I traded less today. I only did 13 new trades today, closing 14 winners including 4 older trades, and 0 losses. The net pips for today is +223.2 pips, or 0.45% gain.

Here are the daily stats for Wednesday, November 18, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6810	1.6844	1.6712	1.6745	132
EUR/USD	1.4875	1.4989	1.4858	1.4961	131
USD/CHF	1.0160	1.0167	1.0076	1.0097	91
USD/JPY	89.23	89.47	89.00	89.31	47
GBP/JPY	150.00	150.30	149.36	149.54	94

Today, SummerstreetFX and I began working on the details of our partnership finally. I will have more details later.

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

Indecision Part II

As I expected for November, much of this month will be marked by indecision. The currencies do not have a clear direction. I talked about this for the last couple of posts.

The choppiness is there for several reasons. Historically, November is pretty flat but maybe a little choppy because the market tends to settle down after a trending month like October. Most of the economic announcements are subdued because of the time of the year prior to the big holiday sales season. There are also few interest rate changes or other major moves that will affect currency rates.

Also, for those that follow Elliott Wave theory, we are in a complex wave 4 which can last for weeks or months as the currencies bounce back and forth. The question always is with complex waves 2 and 4 is when will they break out and begin wave 5. My expectation is not until the second week of December, but 3 years ago is was on Black Friday, the day after Thanksgiving. Time will tell.

The pound was all over the place as it fell, gained, bounced, rose to yesterday's high, dropped like a stone, bounced, and ended as a doji close to where it began the day. The euro slumped all day until mid morning during the New York session, then recovered a bit. The yen gained, then slumped, and ended near a doji like the pound. The pound/yen pair had one of the smallest pip intervals I've ever seen at 87 pips.

Today, I did 25 new trades, closing 25 winners including 9 older trades, and 1 loss. The net pips for today is +433.7 pips, or 0.89% gain.

Here are the stats for Tuesday, November 17, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6815	1.6870	1.6753	1.6809	117
EUR/USD	1.4969	1.4997	1.4806	1.4874	191
USD/CHF	1.0075	1.0207	1.0059	1.0159	148
USD/JPY	89.04	89.52	88.72	89.24	80
GBP/JPY	149.72	150.19	149.32	150.01	87

This afternoon, funds were deposited for 4 clients. Yeah!!! More are on the way!

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

New Highs

Today the dollar lost more ground all around. The pound reached its highest mark since early August. Gold set and all time high today while silver reached its highest point since July 2008.

The pound was the big mover today gaining more than 100 pips on the dollar, most of it occurring during the New York session. A negative report on the US core retail sales figures released today powered much of the move. Then it got a further boost following Fed Reserve Ben Bernanke's remarks early afternoon.

I had a good day. I did 29 new trades today, closing 25 winners including 4 older trades, and 0 losses. The net pips for today +549.1 pips, or a 1.31% gain.

Here are the daily stats for Monday, November 16, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6705	1.6875	1.6667	1.6814	208
EUR/USD	1.4919	1.5014	1.4879	1.4969	135
USD/CHF	1.0118	1.0143	1.0046	1.0075	97
USD/JPY	89.58	89.69	88.74	89.04	95
GBP/JPY	149.64	150.34	149.09	149.73	125

Today, I gave a presentation to my weekly networking group. It went very well and I will likely see some new clients from it. The more the merrier!

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

Indecision

The market was full of indecision today. After the US dollar gain over the last couple days, it seemed that the market was ready for a reversal again. It seemed it was struggling to find a direction.

During the Asian session, the dollar did lose ground, especially in the last hour for the pound. As the European session started, the euro seemed to drive the currencies back in favor of the dollar. The yen and pound followed suit with losing ground on the dollar. As the New York session started, a really negative US trade balance report came out driving the dollar to retreat again.

Thus, we had an A-B-C wave (from Elliott Wave theory) back and forth all in the same day. I believe that this is a subwave of the major wave 4. Now, depending on whether this turns out to be a simple wave 4 or complex, this choppiness could last a while. I tend to think that it is a complex wave 4 and that the choppiness will continue for some time. Either way, I'm prepared!

It was a light trading day for me. I only did 11 new trades, closing 12 winners including 5 older trades, and 0 losses. The net pips for today is +330.8 pips, or 0.69% gain.

For the week, the net pips is +2003 pips, or a 4.12% gain.

Here are the daily stats of Friday, November 13, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6574	1.6704	1.6571	1.6686	133
EUR/USD	1.4849	1.4937	1.4823	1.4901	114
USD/CHF	1.0171	1.0184	1.0101	1.0116	83
USD/JPY	90.35	90.40	89.46	89.60	94
GBP/JPY	149.73	150.40	148.93	149.46	147

What this means:
I have found that the Elliott Wave theory is the best predictor of movement when the currencies are in a trending market. This trend began the second week of October for the pound, and the 1st week of October for the euro.

Also, historically, November tends to be pretty slow. So, I expect this wave 4 to be complex and bounce back and forth at least until December. The likely timing for a Wave 5 movement against the dollar should be the second week of December.

Many of you may think this is all Greek, but the point is that the market does follow patterns. Patterns are predictable and thus the probabilities of profits go up.

Have a good weekend!

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

Follow Suit

Today, the euro and swissie followed suit of what the pound did yesterday. Both lost significant ground to the US dollar, while the pound was very choppy. The yen also lost ground to the dollar, but waited for the New York session.

I did 26 new trades today, closing 20 winners including 4 older trades, and 0 losses. The net pips for today is +437.2 pips, or 1.02% gain.

Here are the daily stats for Thursday, November 12, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6571	1.6623	1.6513	1.6573	110
EUR/USD	1.4985	1.5014	1.4820	1.4949	194
USD/CHF	1.0077	1.0192	1.0058	1.0171	134
USD/JPY	89.85	90.59	89.63	90.34	96
GBP/JPY	148.90	149.98	148.20	149.72	178

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

Curve Balls

Wow, today was a wild one! Despite the market being flat for much of the day, when it moved, it really moved. There was a negative inflation report from the Bank of England that came out at 4:30 AM that really brought back the dollar in a big way. This surprise came after a positive claimant count report (unemployment) in England. The whipsaw action caused me some problems which I ultimately had to take some hits and have a negative day. This wiped out a really positive day prior to that.

Can you hit a curve ball? I missed today.

During the New York session with the banks being closed for Veterans Day, the trend continued. Meanwhile, the euro and yen did a backward S formation (lying on its side) for the day. The swissie is getting very close to being on par (even) with the US dollar, the first time since early 2008.

I did 39 new trades today, closing 35 winners including 3 older trades, and 3 losses. The net pips for today is -33.9 pips, or -0.71% loss.

Here are the daily stats for Wednesday, November 11, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6743	1.6795	1.6534	1.6572	261
EUR/USD	1.4992	1.5047	1.4952	1.4985	95
USD/CHF	1.0073	1.0098	1.0034	1.0077	64
USD/JPY	89.79	90.02	89.27	89.83	75
GBP/JPY	150.32	151.12	148.53	148.86	259

Also, I did get a new client today and expect a number of deposits over the next week. The more the merrier with everyone winning.

I just want to give a special thanks for all the sacrifices veterans have made for us over the years, especially those that paid the ultimate price. We thank you!!!

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

W is for Winners

Today was the classic W day. The currencies kept moving back and forth in a W pattern. The big move of the day came the latter part of the Asian session, for the pound at least. The other currencies did not have as big of an interval, but still moved in a W pattern.

I did a good job of anticipating the moves. I only did 18 new trades, closing 20 winners including 5 older trades, and 0 losses. The net pips for today is +437.9 pips, or 0.85% gain.

Here are the daily stats for Tuesday, November 10, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6756	1.6786	1.6600	1.6742	186
EUR/USD	1.4998	1.5018	1.4937	1.4992	81
USD/CHF	1.0076	1.0108	1.0059	1.0072	49
USD/JPY	89.91	90.16	89.67	89.79	49
GBP/JPY	150.66	150.97	148.97	150.32	200

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

A New Week

I had a very good start to the week! Despite taking a hit early on, I had my second highest pip total for the account, over 800 pips.

The dollar sure took a beating today. Throughout the Asian session and halfway through the European session, the dollar gave ground. It recovered a about half the ground on the pound during the New York session, but the euro and swissie did not give back much.

I was very active as the dollar lost its ground. I did 49 new trade today, closing 45 winners including 6 older trades, with 1 loss. The net pips for today is +831 pips, or 2.21% gain.

Here are the daily stats for Monday, November 9, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6661	1.6841	1.6615	1.6757	226
EUR/USD	1.4880	1.5018	1.4852	1.4898	166
USD/CHF	1.0148	1.0172	1.0053	1.0076	119
USD/JPY	89.82	90.25	89.68	89.91	57
GBP/JPY	149.65	151.57	149.18	150.66	239

I did get the month end statements out on Saturday. If you didn't get yours or had problems reading it, please call me. I apologize for the delay, it was a very busy week.


May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

November Super Friday

It is Super Friday time again, the first Friday of the month when the US government releases the Non-Farm Payroll numbers. This is also known as the change in unemployment for the month of October.

The Labor Department announced that there was a net loss of 190,000 jobs in October. This is the 22nd consecutive month that the US labor market has shrunk. The unemployment rate rose to 10.2%, a 26 year high.

However, as sobering as those numbers are, the biggest news of the day came from Washington. President Obama signed into law a bill to provide up to 20 additional weeks of jobless benefits to unemployed Americans and extend the $8,000 tax credit for new homebuyers into the middle of next year.

The closely watched legislation will extend jobless benefits in all states by 14 weeks. Those that live in states with unemployment greater than 8.5% will receive an additional six weeks. The proposal will be funded by extending a longstanding federal unemployment tax on employers through June 30, 2011.

As for the market, the trading was especially light for Super Friday and with minimal movement. The initial Non-Farm Payroll numbers had a positive impact on the US dollar, but the President's bill and its impact on the economy had a negative impact. By the end of the day, the currencies were mixed again.

The pound gained slightly on dollar, the euro and swissie lost a little ground. The yen was the big winner gaining over 75 pips on the dollar.

I did 24 new trades today, closing 18 winners including 3 older trades, and 0 losses. The tighter intervals left additional trades open on the fringes of the intervals. The net pips today is +278 pips, or 0.64% gain.

For the week, the net pips is +1288.3 pips, or a 2.91% gain.

Here are the daily stats for Friday, November 6, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6578	1.6633	1.6516	1.6610	117
EUR/USD	1.4870	1.4913	1.4813	1.4845	100
USD/CHF	1.0160	1.0200	1.0125	1.0170	75
USD/JPY	90.70	90.84	89.60	89.94	124
GBP/JPY	150.37	150.73	148.38	149.40	235

As for quick notes, there is still no news from SummerstreetFX. They have been really tied up with other matters. Also, October statements will be sent out this weekend.

Stay tuned for more action next week. Have a great weekend.

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

A Round of Dojis

The currencies had good movement today, but the net effect turned out to be dojis. The dollar initially gained ground during the Asian session. Then, during the European session it was up and down. However, during the New York session, the dollar lost ground again returning the currencies to very close to where the day began forming the dojis.

The pound did gain a little ground as did the Euro, but the swissie ended exactly where it began, while the yen was 1 pip away.

The good up and down action during the day was good for me. I did 40 new trades today, closing 32 winners including 3 older trades, and 0 losses. The net pips for today +566.2 pips, or 1.14% gain.

Tomorrow is Super Friday again, so it should be interesting. The forecast is lower unemployment numbers which should be good for the dollar. Another announcement looks to be positive for the pound, so it may be another up and down day.

Here are the stats for Thursday, November 5, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6551	1.6633	1.6465	1.6580	168
EUR/USD	1.4860	1.4916	1.4810	1.4870	106
USD/CHF	1.0159	1.0192	1.0131	1.0160	61
USD/JPY	90.71	90.84	89.98	90.70	86
GBP/JPY	150.14	150.56	148.51	150.39	205

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

Dollar Slides Again

The dollar continued to lose ground across most of the currencies, with the yen being the exception. It was an active day for the markets, with most of the action during the first half of the European session. It then stayed pretty quiet until the interest rate announcement by the Fed. It bounced around back and forth for more than 30 minutes, although the rates remained unchanged.

All of the currencies had pretty big movements, much larger than normal. The euro moved more than twice its normal interval. The swiss franc also moved about twice its normal interval.

I made 22 new trades today, closing 17 winners and 1 loss. The net pips is +273.6 pips, or 0.53% gain.

Unfortunately, I did not get an update from Summerstreet yet.

Here are the daily stats for Wednesday, November 4, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6436	1.6595	1.6399	1.6551	196
EUR/USD	1.4722	1.4907	1.4701	1.4860	206
USD/CHF	1.0258	1.0276	1.0126	1.0160	150
USD/JPY	90.31	91.30	90.03	90.71	127
GBP/JPY	148.45	151.25	147.77	150.14	348

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

Getting Back in the Swing

After the extended time off and the trip to Boston, I eased back into trading. The currencies were mixed again today. The pound gained a little ground on the dollar; the euro, yen, and swissie lost a little ground to the dollar.

Feeling a little rusty, I did only 11 new trades today, closing 10 winners and 1 loss. The net pips for today is +170.5 pips, or 0.31% gain.

By the way, I have not received any news yet from Summerstreet regarding the partnership. I expect some news tomorrow. I have scouted a couple locations for an office nearby.

I should have account statements out by the end of the week. I apologize for the delay.

Here are the daily stats for Tuesday, November 3, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6406	1.6453	1.6259	1.6432	194
EUR/USD	1.4775	1.4809	1.4625	1.4722	184
USD/CHF	1.0214	1.0336	1.0194	1.0257	142
USD/JPY	90.19	90.57	89.86	90.32	71
GBP/JPY	147.98	148.54	146.35	148.42	219

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

New Month With New Help

As mentioned on Friday, SummerstreetFX and the Titan Group are entering a partnership. This should help both parties in a lot of ways. It should help attract clients to both companies. SummerstreetFX has some neat online tools that should help clients stay in touch with their account values. Some of Summerstreet clients accounts will be traded by the Titan Group, maximizing their returns. Summerstreet is also looking to open their first office in the Chicago area. More details will be coming soon.

I did not trade again today. I was busy lining up details for the partnership and the new office, plus my regular Monday networking meeting at CLC. Tonight though, I will be back at it.

I am also working on getting the October monthly statements out. There is an accounting matter I'm trying to get clarified with Summerstreet, so there has been a little delay with that.

However, here are the daily stats for Monday, November 2, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6372	1.6476	1.6327	1.6405	149
EUR/USD	1.4711	1.4843	1.4682	1.4774	161
USD/CHF	1.0260	1.0277	1.0164	1.0214	113
USD/JPY	89.51	90.68	89.18	90.20	150
GBP/JPY	146.53	148.89	145.76	147.97	313

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com