Dollar Continues Trend

Throughout the month of December, the dollar has gained considerable strength against the major currencies. It has not been every day, but overall the dollar has gained between 400-900 pips. Today was another day it gained strength. It was a relatively light day and most of the movement came late during the latter part of the New York session.

I also had a relatively light day, but successful day. I did 14 trades, with 12 winners and 2 losses. The net pips today is +101.7 pips, or 0.73% gain. The tweaks of the strategies proved to work again.

Here are the daily stats for Monday, December 21, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6129	1.6161	1.6028	1.6033	133
EUR/USD	1.4321	1.4371	1.4266	1.4273	105
USD/CHF	1.0388	1.0480	1.0388	1.0462	92
USD/JPY	90.42	91.21	90.22	91.17	99
GBP/JPY	145.88	146.48	145.47	146.18	101

Since this is the week of Christmas, it will be a short week. I will likely take off Thursday and Friday for the holidays.

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com