Tweaks Working

Today was much better. The tweaks to my strategies worked very well, especially for such an up and down day.

Most of the currencies formed a W pattern today. This pattern can be very frustrating unless you recognize the pattern early enough. At the end of the Asian session, the dollar gained. At the beginning of the European session, the dollar really retreated. Then at the end of the European session, the dollar gained again. At the end of the New York session, the dollar retreated again. Which way is up???

I only did 14 trades today, 12 winners and 2 losses. The net pips for today is +173.8 pips, or 0.51% gain.

Here are the daily stats for Wednesday, December 9, 2009.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6284	1.6373	1.6165	1.6258	208
EUR/USD	1.4702	1.4780	1.4667	1.4724	113
USD/CHF	1.0268	1.0299	1.0217	1.0266	82
USD/JPY	88.42	88.67	87.35	87.85	132
GBP/JPY	143.98	144.28	141.96	142.82	232

I did send out November statements today with an explanation and an apology for the lateness.

Here is another reminder - if you need any help understanding forex or any terms, go to www.babypips.com. The lessons and encyclopedia are great learning tools. Another good website is www.chartpatterns.com.

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com