Pound Rallies

Today, the pound gained spiked during the European and early New York session, but the other currencies didn't move that much. It then gave up half the ground it gained during the latter part of the New York session.

This kept me a little off balance again. I only did 20 trades, closing 13 winners and 4 losses. I kept 3 trades open that I thought will rebound. The net pips today is -56.3 pips, or 0.17% gain. Although their was a pip loss, I recorded a small dollar gain.

Here are the daily stats for Wednesday, December 16, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6264	1.6408	1.6229	1.6331	179
EUR/USD	1.4536	1.4588	1.4503	1.4529	85
USD/CHF	1.0401	1.0424	1.0345	1.0384	79
USD/JPY	89.59	89.96	89.37	89.76	59
GBP/JPY	145.70	146.88	145.20	146.58	168

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com