The dollar got a strong push during the New York session today, especially on the Euro, Swissie, and Yen. The Pound did lose a little ground to the dollar, but not much. Earlier in the day, the dollar was losing ground to all the currencies, but reversed thanks to some favorable Consumer price reports released.
I did 38 trades today, with 32 winners and 6 losses. The net pips for today is +229.2 pips, or 0.50% gain. By closing all open trades by the end of the day is limiting the overall risk. Thus, I have more frequent losses, but much smaller. The most important thing is the continued growth of the account without exposure to greater risk.
The total net pips for the week is +604.6 pips, or 1.59% gain.
Here are the daily results for Friday, December 11, 2009.
| Open | High | Low | Close | Pip Interval |
| GBP/USD | 1.6276 | 1.6335 | 1.6194 | 1.6249 | 141 |
| EUR/USD | 1.4729 | 1.4774 | 1.4584 | 1.4620 | 190 |
| USD/CHF | 1.0258 | 1.0367 | 1.0233 | 1.0344 | 134 |
| USD/JPY | 88.18 | 89.79 | 88.17 | 89.09 | 162 |
| GBP/JPY | 143.54 | 145.61 | 143.50 | 144.77 | 211 |
Have a great weekend!
May the pips be with us!
The Pipmaster
Email: titangroupfx@gmail.com
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