Monday, November 16, 2009

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

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