Entries by Spencer Li

Forex Trading | EUR/USD – Another Breakdown?

After my previous post, the EUR/USD has continued downwards and hit my profit target, where I took profit on my accumulated shorts and watched to see if the next support would be broken. Despite the bullish news in the evening today, which caused a major spike up on most equity and Euro-related forex futures, the […]

Forex Trading | EUR/USD – Breakdown on the daily

Hi peeps I hope the market has been treating you well, with bullish stock markets and volatile forex markets. This has provided many good trading opportunities, and I hope you didn’t miss out on them. On the 29th of June, I was looking to initiate shorts, and subsequently did, using a range trading strategy to […]

Market Updates – The end of Q2

Regarding the market, we are likely to see a strong opening tomorrow given the strong close on Friday. The Dow closed up 277 points, due to the bullish news coming out of Europe, with new measures to “avert” the latest crisis. It’s funny how the cycle plays out: Crisis event – FEAR, FEAR, FEAR, it’s […]

Open Seminar at City Index: The Most Important Candlestick Pattern

On Saturday, we had another full-house seminar on candlestick patterns. It was conducted at City Index, as part of our collaboration with them. Besides covering the basic patterns, we delved deeper into blended candles, and talked about the most important candlestick pattern – the universal candle pattern. Do stay tuned for more of our educational […]

The Synapse Program – Full House!

Last weekend, we concluded another successful run of our 2-day program, adding another batch of new traders to our community. We had a mixture of new and old traders, as well as some previous batches of graduates sitting-in and helping out by providing useful feedback and asking relevant questions that I may have overlooked.   […]