Premium trade update for 12 December 2011

Open trades:

1. Short NIFTY at 4900 (current 4800). Trail stop at 4855 and t/p at 4755
2. Received Feb/Nov average at 152 (current 152). Stop at 160 and t/p at 130

Fresh initiations:

1. Buy USD/INR in two lots at 52.25 and 52.15. Stop at 52.10 and t/p at 53.45
2. Sell Gold in two lots at 1700-1705 and 1710-1715 with stop at 1720 and t/p at 1665
3. Sell NYMEX crude at 100-102 with stop at 103 and t/p at 95
4. Receive 5Y OIS at 7.05-7.10% with stop at 7.15% and t/p at 6.90%
5. Buy 10Y 8.79% at 8.50-8.55% with stop at 8.58% and t/p at 8.35%
6. Sell EUR/USD in two lots at 1.3400/1.3450 with stop at 1.3475 and t/p at 1.3175

Closed out trades:

1. Long USD/INR entered at 51.35 exited at 52.35
2. Long USD/INR entered at 51.70 exited at 52.28
3. Paid 5Y OIS at 7.0% out at 7.05%
4. Short EUR/USD at 1.3400 out at 1.3295

Good luck....................Moses Harding