18 October, 2011

exits from gold and USD-IINR

In yesterday`s note we had mentioned that we were waiting to buy $/INR near day`s low

We could buy it at 48.95 , and  exited at 49.05 -- a Quick trade intended to cover up stops of prior two trades

We exited dec long gold at 26810 (on way down) as the strength in international prices diminshed.

Two Short EUR-INR positions are still maintained. 

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