Tuesday, December 8, 2009

Tweaks

It will take a bit to get used to these new strategies, but it will work out in the long run. You cannot change habits simply overnight.

The dollar really had a good run today against all the currencies except the yen. The yen had its own ideas and gained significant ground.

Today, I did 19 trades, with 13 winners and 6 losses. However, the losses overwhelmed the winners with the net pips totalling -123.7 pips, or -0.03% loss. Some of the tweaks will be to cut the losses shorter on days like today where the movements had almost no bounces.

Here are the daily stats for Tuesday, December 8, 2009.

Open High Low Close Pip Interval
GBP/USD 1.6443 1.6474 1.6254 1.6284 220
EUR/USD 1.4825 1.4865 1.4679 1.4701 186
USD/CHF 1.0193 1.0285 1.0163 1.0268 122
USD/JPY 89.49 89.51 88.16 88.42 135
GBP/JPY 147.14 147.17 143.54 143.98 363

On other news, Summerstreet is still looking into the discrepancy. However, I will get an update and the statements out tomorrow.

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com

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