Premium trades : 20 January 2012

Premium trade recommendations: 20 January 2012

Currency market:

1.     Hold on to short April 2012 dollars entered at 51.60 (current 51.40) with stop at cost and t/p at 51.00.

2.     Short EUR/USD average at 1.2925. Watch with stop at 1.2975 and t/p at 1.2725

3.     Short USD/JPY at 77.25 (high at 77.31) after missing the buy entry of 76.50 (low of 76.54). Add second lot at 77.75 with stop at 78.00 and t/p at 76.50

4.     Buy USD/JPY in two lots at 76.50-76.25 and 75.75-75.50 with stop at 75.25

Interest rate market:

1.     Buy 10Y Bond at 8.22-8.25% for 8.10%

2.     Stay received in 1Y OIS at 8.05-8.15% for 7.75%

3.     Stay received in 5Y OIS at 7.25-7.35% for 7.0%

4.     Receive Jan/Dec at 271-278

Commodity market:

1.     Short first lot in NYMEX crude at 100.50. Add second lot at 102.50 (with stop at 103.50) for 95.50-93.50

2.     Short first lot in Gold at 1660. Add second lot at 1680 (with stop above 1690) for 1630-1620

Equity market:

1.     Buy in two lots at 5000-4975 and 4925-4900 with stop at 4850 for 5150

2.     Strategic investors to buy in two lots at 4650-4625 and 4550-4525 with stop below 4500 for 4950-5000

3.     Strategic investors to unlock entry of first lot at 4550 for 600 pip trade at 5150 with trail stop at 4950.

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