More Reversals

Today was another wild one. The intervals weren't huge, but the volumes and the number of reversals were big. During the pre-hours of the European session, the market was just going nuts back and forth with no direction.

I had a active day, doing 37 new trades, closing 29 winners, 4 losses, and 4 trades remain open. The net pips for today is +101.3 pips, or 0.01% gain.

During the New York session, the market really stalled so I am looking for a better opportunity to close the open trades.

Here are the daily stats for Tuesday, January 12, 2010.

Open

High

Low

Close

Pip Interval

GBP/USD	1.6111	1.6192	1.6061	1.6161	131
EUR/USD	1.4511	1.4544	1.4452	1.4485	92
USD/CHF	1.0162	1.0207	1.0143	1.0184	64
USD/JPY	92.07	92.41	90.71	90.97	170
GBP/JPY	148.33	148.58	146.61	147.01	197

May the pips be with us!

The Pipmaster
Email: titangroupfx@gmail.com