Premium trade update for 13 December 2011

Open trades:

1. Received Feb/Nov average at 152 (current 140). Stop at cost and t/p at 132
2. Received 5Y OIS at 7.05% (current 6.97). Stop at cost and t/p at 6.90%
3. Sold NIFTY at 4775 (current 4752). Add at 1.4825 with stop at 1.4855 and t/p at 4655

Fresh initiations:

1. Sell Gold at 1680-1685 with stop at 1690 and t/p at 1620
2. Sell NYMEX crude at 99-101 with stop at 103 and t/p at 95
3. Buy 10Y 8.79% at 8.50-8.55% with stop at 8.58% and t/p at 8.35%
4. Sell EUR/USD in two lots at 1.3250/1.3300 with stop at 1.3325 and t/p at 1.3005
5. Sell March 2012 USD/INR at 54.75-55.00 with stop at 55.25

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
5. Short NIFTY at 4900 out at 4755

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