Luv Sharma
Independent investor with over 8 years of investment management experience.
November 2011
Trade Ideas for Next Year
By Luv Sharma 515 days agoWe had a good trading year. We will be looking to better our performance next year and bring you more quality trade calls. Stay tuned. The top themes in Q1 next year should be JPY weakness against the USD, CHF weakness against the EUR, GBP and...
Looking at CHF Pairs this week
CHF pairs are coming up against strong support zones. I will be looking for resumption in CHF weakness this week. My favorite amongst the CHF pairs in USD/CHF. Do not trade in all these pairs at the same time. Pick and choose one of your...
Short USD/SGD
USD/SGD is coming up against a congestion zone in the 1.31-1.32 region. This region has multiple previous highs and trend line resistance. The Stochastic is also showing reversal signs. I am short the pair from 1.3115 with stops above...
Trade Plan for this Week
Last week was a good week for us. Between the GBP/NZD and AUD/CHF we made over 350 pips in realized profits with 1 lot of AUD/CHF still open. This week I am maintaining my calls from last week of buying USD/JPY close to 77 and EUR/CHF...
Looking for Long AUD/CHF Entry
AUD/CHF is presenting an interesting chart. It is coming up against former resistance now support in the 0.93 region. This region also has the 38.2% retracement level of the recent rise. The RSI of the pair is also close to the 40-45...
Trade Plan for this Week
I am looking at the following pairs this week. I am already long GBP/NZP from 2.0050 and USD/JPY from 77.20 (refer Nov 13 report). Will be looking to add EUR/CHF and additional USD/JPY lots on any declines. GBP/NZD is coming up against strong...
Looking for GBP/NZD rebound
GBP/NZD is coming up against strong support in the 2.00-2.015 region. This region has horizontal, 61.8% Fibonacci and trendline support. I will be looking for signs of stabilization in this region to go long. Will keep you posted. Good...