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The Synapse Program Q1 2016 – No Fluff, No BS, Real Skills, Real Results!

Would you like to learn how to create a 2nd source of income in your spare time?

With our unique 7 Step Formula and 4 Proprietary Trading Strategies, 15 minutes a day is all we need to start making consistent profits, and create a 2nd source of passive income. This is something that cannot be found in any books or websites, as it is based on real trading experience at the trading desk.

We are proud to announce that another batch of successful graduates have learnt the original 15 Minute System which reveals how professional traders time the market! Now it is time for them to put what they have learnt into practice, and start reaping profits from the market!

And once again, we have 100% positive reviews and a strong YES! when asked if they would recommend their friends and family.

Here at Synapse Trading, our goal is not to sell you some magical blackbox software, but to impart real professional trading skills which can stand the test of time and work under all market conditions. As the head trainer, I have traded professionally at private equity and proprietary funds, and I am an internationally certified CFTe under the IFTA. This is why I am the youngest professional trainer for SGX, helping to train both retail and seasoned traders.

We take special pride in our post-course support and training, with our ongoing monthly LIVE! market workshops, and daily discussions in our private forum, which is why most of our new students come from referrals from past graduates, and we have a long waiting list of people eager to join our exclusive network. Unfortunately, there is one of me, and I only have time to train a handful of new traders each quarter.

So the question is, will you be among the next batch of lucky traders to learn this unique skill?

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Q1 2016 Quarterly Training Feedback (Real Results from Real People!)

“Spencer has simplified important essential for trading. The money management knowledge has convince me that trading is not as risky as I perceived.” – Lim Siong Boon

“Very educational. Gives good insight and improves confidence of participants to go into trading safely.” – Larry

Very detailed and good explanation of concepts.” – Joseph Tan

“Lessons was interesting. Timeframe for the lesseons was just right. Very good for beginner.” – Samuel Sim, ITE Student

“The lessons are simple to understand and practical to apply almost immediately. Spencer keeps the lesson easy and simple to understand. He keeps the lesson journey positive and yet realistic to live environment.” – Alastair Chan, AIA Singapore Pte Ltd

“Pleasure to have great trainer, Spencer. He is friendly and kind! The course is conducted well, easy to understand and absorb. Greatly appreciate the platform Spencer build for us, it is not only a way for us to earn some $$, but also a great educational platform!” – Lee Yong Liang, Cameron SG

“Course is really good, Spencer did give a detailed explanation in his setups and the reasoning behind it. He is really patient in explaining the concepts as well.” – James

“Before attending this course, I find that I was just speculating the market and do not have much confidence. After the course, my confidence level boosted a lot and realised my past mistakes. The course definitely helped me in understanding the chart better.” – Garon Tan

“Great course, it sheds new light on existing concepts that have been quite common.” – Isaac Fok

Very structured and clear instruction.” – Neo J.M.

“Spencer’s course is very comprehensive and you will learn everything you need to start trading. He is also very friendly and approachable and will patiently answer all questions.” – Alston Wong

“This course really sheds light of what used to be a mess of candlestick patterns. Hopefully I can out these theories into practice successfully soon!” – Maple Cheng

“Materials were very useful and many real-life examples are shared.” – Toh Chuan Kai

“Spencer has help me to kickstart my trading journey by providing me with the fundamental of trading and price action.” – Gabriel Boey

“Spencer is very patient in answering questions.” – Ang Yong Quan

“The trainer is experienced and can answer our questions. More practice would be necessary for us to master these skills. Thank you!” – Lim YS, MOE

“Spencer I would say is very generous with his knowledge and as a new rookie, the course is a real opening for not only trading but it can be used for other types as well.” – Foo

 

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Would you like to become the next Superstar Trader?

You can join us and start anytime, as the training is ongoing every month via our training workshops.

About our training program: http://synapsetrading.com/the-synapse-program/
Training schedule: http://synapsetrading.com/training-schedule/

To see more testimonials, please visit http://synapsetrading.com/testimonials/
Email enquiries & booking: info@synapsetrading.com

The Big Short – Is Something Brewing in China that is “Much Larger than Subprime”?

Last Saturday, I watched the movie “The Big Short”, which was an interesting documentary + comedy + drama about the crash of the US housing markets, which sparked the GFC (Global Financial Crisis) of 2007.

The root cause of the crash was this product called CDOs (Collateralised Debt Obligations), which was basically bad debt repackaged as good debt, leading to more and more leverage. This house of cards collapsed when people started defaulting on underlying loans, leading to a chain reaction.

At the end of the movie, they mentioned that in 2015, the banks started selling a new product called BTOs (Bespoke Tranche Opportunities), which are essentially a rebranded version of CDOs. Sounds pretty grim…

 

IS THERE SOMETHING BREWING IN CHINA?

Perhaps it is coincidence, but after watching the movie, I came across a few articles warning of something brewing in China that is “much larger than Subprime”.

A month ago, the founder of Hayman Capital, J. Kyle Bass, sent a letter to investors warning that China has a problem much bigger than the subprime crisis in 2008. He was one of the hedge fund managers who correctly predicted and profited from the mortgage crisis in 2008.

That problem, according to Bass, is the Chinese banking system and its coming losses.

“We have been vigorously studying China over the last year, with the view that the rapid credit expansion in the Chinese banking system will result in significant credit losses that will require the recapitalization of Chinese banks and materially pressure the Chinese currency. This outcome will have many near-term and long-term effects on countries and markets around the world. In other words, what happens in China will not stay in China.” – Kyle Bass

In the investor letter entitled “The $34 Trillion Experiment: China’s Banking System and the World’s Largest Macro Imbalance“, Bass says that China’s banking system has similarities to the US banking system pre-financial crisis—excessive leverage, regulatory arbitrage, and irresponsible risk taking.

“What we have come to realize through these discussions is that many have come to their conclusion without fully appreciating the size of the Chinese banking system and the composition of assets at individual banks. More importantly, banking system losses—which could exceed 400% of the US banking losses incurred during the subprime crisis—are starting to accelerate.” – Kyle Bass

 

HOW TO TAKE ADVANTAGE OF THIS?

Kyle Bass’s Hayman Capital Management has sold off the bulk of its investments in stocks, commodities and bonds so it can focus on shorting Asian currencies, including the yuan and the Hong Kong dollar.

It is the biggest concentrated wager that the Dallas-based firm has made since its profitable bet years ago against the U.S. housing market. About 85% of Hayman Capital’s portfolio is now invested in trades that are expected to pay off if the yuan and Hong Kong dollar depreciate over the next three years—a bet with billions of dollars on the line, including borrowed money.

He even went so far as to give a timeframe: “we think it’s going to be in the next 12-18 months.”

So who are the brave souls who have decided to very openly fight the People’s Bank of China?

Here is a sample: Soros, Bass, Ackman, Druckenmiller, Tepper, Schreiber, Einhorn, Scogging, and Carlyle, Nexus and many more.

As of this moment, all these hedge funds who have taken on the PBOC are winning, because after another massive intervention round on Friday (29 Jan 2016), one which cost the PBOC more billions of dollars from its rapidly dwindling FX reserve pile, the CNH is already significantly weaker: will the PBOC burn through another $10 billion just to teach these hedge funds a lesson even as the market is implying far more pain for the PBOC?

 

HOW WILL THIS AFFECT SINGAPORE?

Speaking at the annual Barron’s roundtable, Swiss billionaire investor Felix Zulauf warned that Singapore’s largest banks are at risk of massive capital outflows if the Chinese economy experiences a hard landing, which he expects will happen this year.

He thinks that a crisis of staggering proportions is looming in China, and tiny Singapore will be caught right in the middle of the storm once the disaster finally erupts.

“We are in a down cycle that will end with crisis and calamity. China in today’s cycle is what US housing was during the financial crisis in 2008.” – Felix Zulauf

Zulauf warned that capital outflows in China will continue, prompting regulators to devalue the yuan by as much as 15% to 20% within the year. When this happens, Asian economies which are heavily dependent on China—particularly Singapore—will suffer because Chinese corporates cut their imports even more, while indebted Chinese companies will be placed at greater risk of default.

“I expect the situation the deteriorate to a point where we will witness a banking crisis in Asia that will hit Singapore and Hong Kong particularly hard. It is conceivable that Singapore, which has attracted a lot of foreign capital over the years because of its image as a strong-currency state, will be extremely exposed to the situation in China. Singapore’s banking-sector loans have grown dramatically in the past five or six years. Singapore is now losing capital, which means the banking industry is losing deposits.” – Felix Zulauf

He said that such a situation will cause carry trades to go awry, which will result in steep losses for heavily-leveraged traders.

“I mentioned the potential for a banking crisis in Singapore. I don’t recommend shorting Singapore bank stocks, but rather the EWS, or iShares MSCI Singapore ETF. In this case, an investor will benefit from both declining local stock prices and a decline in the Singapore dollar against the U.S. dollar.” – Felix Zulauf

 

Sources & References:

http://www.businessinsider.sg/kyle-bass-letter-on-chinese-banking-system-bigger-than-subprime-2016-2/#.VsBsy_J95aQ
https://sg.finance.yahoo.com/news/massive-banking-crisis-brewing-singapore-024500286.html?linkId=21174577
http://www.zerohedge.com/news/2016-01-31/much-larger-subprime-here-are-legendary-hedge-funds-fighting-chinese-central-bank

BOJ News Announcement: $4,866 Profits on Yen Short Positions!

This morning, the BOJ (Bank of Japan) surprised markets by adopting negative interest rates.

boj negative rates

Source: http://www.channelnewsasia.com/news/business/bank-of-japan-surprises/2468964.html

 

BUT WAS IT REALLY A SURPRISE?

Well, to be honest, the news indeed was a surprise, but the direction that the Yen was going to take was no that surprising. This was because the price was leading the news, and we had already positioned ourselves beforehand for this move by sticking to our rules and applying the correct setups for such a market.

Hence it was no surprise when the new broke that I made S$4,866 (US$3410) profits from this move alone, from my long positions in USD/JPY, GBP/JPY and EUR/JPY, which gave me a net short exposure to the Yen.

In the Synapse Network, most of us took the same positions, but there were also some independent traders who used different pairs to get short exposure to the Yen. Either way, the results will not differ much.
 

HERE ARE THE REAL TRADES & REAL RESULTS:

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What will the next BIG move be? Stay tuned! 😀

Buying Gold a Good Bet in Turbulent Times: Open Profit of $6,497 on Current Long Positions!

2016-01-27 02.54.50

2016-01-27 02.54.44

 

While most stock markets were crashing the past few weeks, we have been taking advantage of bullish trend in Gold to make a quick profit of $6,497 by going long on Gold, by spending only 15 minutes a day.

This is why it is important to be aware of multiple markets and products, and not always look to buy-and-hold stocks only.

Want to guess what the next big move will be? Stay tuned!

Straits Times Index: Entering the RED ZONE – where is the bottom?

sti 260116 straits times index

As early as August last year (2015), which was the time I went for my one month tour in USA/Mexico/Cuba, the STI Index entered the dangerous RED ZONE, which signified a change in its long-term trend.

This was one of the major warning signs and red flags which made me liquidate almost all my long positions.
http://synapsetrading.com/2015/08/im-back-from-one-month-of-travelling-exciting-times-ahead/

At the end of last year, I also prepared a long-term chart to study the 30-year trend of the STI, so as to pin-point a possible buying point near the market low. Since then, the STI has dropped alsmost 1000 points from the peak.
http://synapsetrading.com/2015/12/all-you-need-to-know-to-become-a-successful-investor-in-the-singapore-stock-market-summarized-in-this-one-chart/

WE ARE CURRENTLY AT A MAJOR SUPPORT LEVEL

Currently, the STI is at hovering near the 25xx level, and the major support level is around 2500-2520.

The STI is consolidating around that level, and it is does manage to break below that, then the next level of support will be around 2200, which will be the buying zone predicted in the long-term 30-year charts in the previous post. That will be a good level to accumulate long positions for the next bullish cycle.

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I will be watching patiently from the sidelines.