Monday, September 12, 2011

Update on trades based on september prediction

We predicted market downturn for most of 1st half of month for indian and us markets and eurusd .

based on trades of 20(10+10) puts at 90 (5000 puts ) and at 65 for 4900 puts early in the month we can exit at current premium of rs 157 and 113 though market lows for the week may come around wednesday(mid week)

also eurusd shorted at 1.42-1.43 with recent prediction of sharper correction till 15th approx has proved correct with eurusd coming down first to 1.39 and then 1.35. sharp bounceback is predicted in last ten days

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