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

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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! 😀

Back from my Holidays – Made a Killing in STI, Oil & AUD/USD! $$$

I’m finally back from my holiday! 😀

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Before leaving for my holidays last week, I conducted a monthly workshop, where I shared some of the best trading opportunities for the week that I would be away.

Some of them included going long on the STI (Stratits Times Index), going long on Crude Oil, and going long on the AUD/USD.

 

DAILY TRADE ALERTS:

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GOING LONG ON THE STRAITS TIMES INDEX (STI)

Amazingly, we managed to go long on the STI at the exact turning point, and almost immediately, the STI rocketed 75 points within the next few days. How did we managed to spot the turning point with such uncanny precision?

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GOING LONG ON CRUDE OIL

Crude oil prices soared on hopes of the talks, and applying the “buy on rumour, sell on news” principle, we managed to take our profits near the high before the talks. Eventually, the talks did not turn out well and prices gapped down.

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LONG POSITION ON AUD/USD

We are still holding onto this position to ride it for a larger profit. 😀

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HOW DID I MANAGE TO DO IT??!??!

If you would like to find out how I manage to make money consistently from the markets with 15 minutes a day using just my mobile phone from anywhere in the world, join me for a free training workshop next week: http://synapsetrading.com/events/training-workshops/

See you there! 😀

Stocks & Forex Live! Trading Session – Real Trades, Real Profits!

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This month has been a great month for trading, and even though the month is only halfway through, I am already up about $20,000 for both my stocks and forex trades!

I will be posting some trade records later when I have time, and in the meantime, here are some snippets of our LIVE! trading groups for stocks and forex, and how we help one another make money together.

If you are keen to join us and start making aggressive profits, drop by for our next free seminar to find out how we do it: http://synapsetrading.com/events/training-workshops/

See you there! 😀

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Stunning Results: New Forex LIVE! Trading Group!

Recently, we started a new LIVE! Forex Trading chat group, to discuss the market in real-time and provide more trading opportunities.

We are making this secret group very exclusive, and we are looking for serious traders who are willing to learn and get the results they want.

It doesn’t matter whether you are new or experienced, because when we trade together, what matters is the profits and results that you create for yourself, and making profits together makes it all the more exciting and memorable.

 

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Although it has only been active for 1-2 months, we have seen very good feedback, and together, we have managed to capture many good trades.

Just last week, we have seen extraordinary profits on EUR/USD, AUD/USD, USD/JPY, and Gold.

Congrats to everyone for chipping in, and don’t forget to enjoy the profits which are part of our hard work together!

If you are keen to join us, you can drop by for our next upcoming event:
http://synapsetrading.com/free-workshop-7-best-kept-secrets-professional-traders-live/

Good luck! 😀

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Australia dollar dives to six-year lows after RBA rate cut – Shorting opportunity now?

Yesterday, the Australian dollar tumbled more than a cent to a six-year low, after the Reserve Bank of Australia cut interest rates to a record low of 2.25 per cent. What does this mean for the AUD/USD, and are there any good trading opportunities?

Statement by Glenn Stevens, Governor: Monetary Policy Decision (Abridged)

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective4 February 2015.

Growth in the global economy continued at a moderate pace in 2014. China’s growth was in line with policymakers’ objectives. The US economy continued to strengthen, but the euro area and Japanese economies were both weaker than expected. Forecasts for global growth in 2015 envisage continued moderate growth.

Commodity prices have continued to decline, in some cases sharply. The price of oil in particular has fallen significantly over the past few months. These trends appear to reflect a combination of lower growth in demand and, more importantly, significant increases in supply. The much lower levels of energy prices will act to strengthen global output and temporarily to lower CPI inflation rates.

Financial conditions are very accommodative globally, with long-term borrowing rates for several major sovereigns reaching new all-time lows over recent months. Some risk spreads have widened a little but overall financing costs for creditworthy borrowers remain remarkably low.

The Australian dollar has declined noticeably against a rising US dollar over recent months, though less so against a basket of currencies. It remains above most estimates of its fundamental value, particularly given the significant declines in key commodity prices. A lower exchange rate is likely to be needed to achieve balanced growth in the economy.

For the past year and a half, the cash rate has been stable, as the Board has taken time to assess the effects of the substantial easing in policy that had already been put in place and monitored developments in Australia and abroad. At today’s meeting, taking into account the flow of recent information and updated forecasts, the Board judged that, on balance, a further reduction in the cash rate was appropriate. This action is expected to add some further support to demand, so as to foster sustainable growth and inflation outcomes consistent with the target.

Source:
http://www.rba.gov.au/media-releases/2015/mr-15-01.html

 

Daily chart of AUD/USD

Daily chart of AUD/USD

 

Looking at this daily chart of AUD/USD, we can see that the AUD/USD had traded nicely within a trend channel, providing many easy trades to short and take profit.

While this rate cut may have come as a surprise to some, it certainly did not surprise the price action.

Because while it may have hit new lows, prices rebounded nicely from the bottom trend channel line, after profit-taking by those who shorted near the channel top.

My profit target which was near that level got hit as well.

So, can I short this now?

While the AUD/USD is clearly on a downtrend, I would prefer to minimise my risk and look for a good pullback to go short again, perhaps somewhere in that yellow shaded region marked on the chart.

Remember, trading is about following the trend, but it is also about finding the best low-risk opportunities to enter the trend.

Good luck! 😀