Spiritual Journey to Myanmar: Exploring Yangon & Bagan!

Join our Telegram channel (50,000+ subscribers) for daily market analysis & trading tips: t.me/synapsetrading

Last month, I took a trip to Myanmar for a holiday, and was hosted by a friend who was working for a major commodity trading firm.

It was a great week of chilling by the pool (which was 10 steps away from my room), enjoying sunsets, and trying out the local delicacies.

To see the full photo albums for this trip, please visit: https://synapsetrading.com/travel-log/

 

Here are some photos from the trip:

2015 09 16 05.51.06 1

2015 09 16 11.13.54 1

2015 09 17 06.01.57

2015 09 18 11.34.35

2015 09 19 16.04.38

2015 09 18 13.49.14

2015 09 21 10.53.36 1

I also got the chance to trade the FOMC with the company of some good Myanmar beer. :p

As expected, the interest rates were not raised, which means we will have to observe October and November carefully. In addition, the recent NFP was not good, which makes December more likely.

2015 09 17 21.39.02

After some serious back-of-the-napkin analysis, as well as some insightful discussions with my friend, I came to the conclusion that commodities may not recover that quickly, based on technical and fundamental factors.

I have attached below the chart of the CRB commodities index ETF, which is listed on SGX.

2015 09 21 15.16.08 1

 


Crb Commodities Index

 

I will be keeping an eye on this, as I have some commodity-related counters in my portfolio, and it might be a good opportunity for the long-term.

Once again, to see the full photo albums for this trip, please visit: https://synapsetrading.com/travel-log/

Enjoy! 😀



TMP Banner Our flagship mentoring program is suitable for both beginners and advanced traders, covering the 4 strategies which I used over the past 15 years to build up my 7-figure personal trading portfolio.

Infographic Trading Signals If you're looking for the best trading opportunities every day across various markets, and don't want to spend hours doing the research yourself, check out our private Telegram channel!

Looking For A Brokerage 2 Thumbnail If you're looking for a reputable brokerage that covers all products (SG stocks, US stocks, global stocks, bonds, ETFs, REITs, forex, futures, crypto) and has one of the lowest commissions, this is what I currently use.
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *