Big Fast Moves

It was a very interesting day today. The dollar rallied in a big way. The Euro lost steadily during the Asian session and lost more throughout the rest of the day. The pound had a very poor retail sales report that lost a lot of ground very quickly. The yen did an upside down W pattern and ended losing just a little ground to the dollar.

All the wild action caught me a little by surprise. I did 38 new trades, closing 28 winners, 0 losses, and 10 open trades. I want to close these out by the end of the week and at this time, have closed a number of them already. I will see when the best time to take a loss on some of these, others will be/are profits.

The net pips for today is +562.9 pips, or 3.48% gain.

Here are the daily stats for Thursday, December 17, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6331	1.6338	1.6078	1.6151	260
EUR/USD	1.4529	1.4534	1.4303	1.4336	231
USD/CHF	1.0384	1.0506	1.0381	1.0474	125
USD/JPY	89.76	90.35	89.55	89.95	80
GBP/JPY	146.58	146.83	144.65	145.29	218

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com