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GBP/USD – Predicting the Big Short (And Cashing Out Big Profits on it!)

Last week, the Pound suffered its steepest daily fall of 2017 after a shock election result denied any party a majority in parliament days before Brexit negotiations begin.

Source: The Telegraph

Thankfully, our Synapse Network came fully prepared to profit from this move! 😀

Here is a highlight of the early prediction given by Spencer several days before the sharp plunge:

While waiting to short Gold, we took a short-term long trade to make some quick bucks on the side.

Cashing out on some Gold profits to start the week. 💰 Taking only safe trades with low risk and high returns. #realtrades #realresults

A post shared by Spencer Li 🇸🇬 Synapse Trading (@iamrecneps) on

And when we finally saw the glaring signal (yes, it was so obvious from the charts!), we jumped in to short GBP/USD, just one day before the sharp plunge! Ka-ching! 😀

 

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Live Trade Follow-up: GBP/JPY Short Trade US$1086 in the Money!

Announcement: I will be taking a long break to focus on my trading and coaching of existing students (as well as several new exciting projects), but before that I will be conducting one last session of the “Trading Foundation workshop” on 18 May 2017 and the last run this quarter of the “Trading Mastery Program” on 27 & 28 May 2017.


During the last “Trading Foundation Workshop”, we scanned various forex charts and discovered this short trade in GBP/JPY to be the best setup, and I took the live trade on the spot, together with many of the audience members.

And although I only took a small position of 0.50 lots, this trade shows that times and patience can snowball your returns, as long as you just “forget about it” and let the trade run its natural course.

During my final workshop tomorrow, I will be scanning all the charts for such good trades, and I have already spotted some juicy trades tonight while browsing through my charts.

Looking forward to share more tomorrow! 😀

P.S. I will be taking a long break to focus on my trading and coaching of existing students (as well as several new exciting projects), but before that I will be conducting one last session of the “Trading Foundation workshop” on 18 May 2017 and the last run this quarter of the “Trading Mastery Program” on 27 & 28 May 2017.

Follow-up on Trading in Camp – Hits & Misses

Last week, I was serving out my army reservist (2nd last one), and since I had many pockets of free time, I decided to take a couple of trades using my mobile phone.

I will be heading back to camp again next week, hopefully I will more time to trade! 😀

Heading into Reservist for the Next 1.5 Weeks – Top 3 Trades I Will be Looking Out For!

singapore-army

On Monday, I will be heading for my 1.5 weeks army reservist, which means I will be relying on my trusty smartphone to place my trades again.

 

Here are some opportunities I will be looking to trade on the go:

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AUD/USD – Potential short trade with good R/R near top of channel

 

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NZU/USD – Already short on this, looking more bearish after breaking the trendline

 

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Coffee – Strong rebound after hitting into strong resistance, setting up a good R/R trade

I will probably not be able to update my blog for a while, but I will continue supporting the private forum (via my phone).

See you soon! 😀