Market Outlook 2013 - Back by Popular Demand

After giving the “Market Outlook 2013 Seminar” last week, I got a lot of requests to hold another session as seats were very limited. Those who attended last week will recognise this chart, and kudos who those who acted on what I said in the seminar and bought this stock when it gapped down the next day as predicted, potentially capturing a 9% upside surge.

You can read more about the feedback we got on the previous seminar:
https://synapsetrading.com/2013/01/market-outlook-2013-the-big-moves-ahead/

Due to space constraints, we were only able to accomodate 50 people, and I promised to organise another session as soon as possible for those who missed out, so here it is! For those who already went for the previous seminar, please do not sign up for this one, and give others a chance to instead.

For those keen on this seminar, kindly sign-up for our mailing list and reply quickly once you receive the invitation (I will be sending it out next Tuesday at noon). The seats for the previous seminar were filled within a few hours, so it is best to reserve early.

See you soon!

Market Outlook 2013 - The BIG Moves Ahead

Last Saturday, I conducted a market outlook seminar for 2013, sharing how to read charts using behavioral analysis and how to identify the 4 major behavior patterns. This was done on-the-spot using real examples, and without using any indicators or special software.

Due to space constraints, we were only able to accomodate 50 people, so I will try to organise another session as soon as possible for those who missed out. For those who already went for this seminar, please do not sign up for the next one and give others a chance.

For those keen on the next seminar, kindly sign-up for our mailing list and reply quickly once you receive the invitation (usually sent about a week before the event). The seats for this seminar were filled within a few hours, so it is best to reserve early.

Feedback

“Articulated insights on trading, my key takeaways are the 4 major patterns of market behaviour, and the distribution/accumulation phases which appear as low price volatility on price charts. I think it’s great – no use of jargons at all! The speaker is soft-spoken and not “showy” as compared to other speakers.”
– Howard

“Very comprehensive, covers a lot of ground. There is a lot more focus on behavioral analysis and price action then other courses. Now, I have a lot more awareness of how price may reflect behaviour of big players.”
– GH (Student, 3 years experience)

“This workshop is informative and updated, and the speaker is good, friendly and open.”
– Valerie (Student, NTU, <1 year experience)

“Very informative and sincere, focused on trading psychology. Now I see markets as a form of psychological warfare.”
– Adrian Tan (Student, NTU, <1 year)

“Spencer is very keen to teach and is sincere in what he wants to do. This course is different because it uses less charts, and more psychology & behaviour of buyers and sellers. It is less technical, and more interesting & suits my cup of tea.”
– Maween (4 years experience)

“This a clear presentation by the speaker, with heavy focus on the behavioral side. Spencer is modest and willing to share. Very modest in marketing his program.”
– Yap BT (IT Sector)

“This workshop is different because it combines TA & mind analysis. I learnt how to ride the trend to maximise profit. ”
– Darren

“Provides a concise overview of a broad sample of markets. This changed the way I see the markets. My key take-away is the concept of market behaviour.”
– Daniel (Sales, 3 years experience)

“The workshop is informative and provides a good overview of the market. This speaker sounds genuine.”
– Helmy Hamzar (3 years experience)

“The workshop is informative, structured, concise and realistic.”
– Gary Koh (7 years experience)

“Insightful and factual interaction.”
– Bennie Yeo (HR)

“The thing I liked best about this workshop is the real examples. The main difference is that there are no indicators, and simple to understand. My key take-away is that behavioral/psychology is key. The speaker is experienced.”
– Ng Guang Jie (Student, <1 year experience)

“This changes the way I see markets by giving me some more insight to the market play. Very good for beginners.”
– Ng Chin Huat (Exxon Mobil, 1 year experience)

“This method is practical, simple and clear. My key take-away is the 4 major price behavior patterns – BSBT. The speaker is knowledgeable and  experience. Looking forward to mor seminars in the future.”
– MiKuan (Clerk, 5 years of experience)

“Wide coverage, speaker is humble and articulate. This method is different from those out there as it covers behavioral analysis. One key take-away is that markets could potentially be at their last leg.”
– Tang Poh Sheng (Optimal online marketing Pte Ltd)

Email from a new student: Traders Network - Private Forum

I recently received a heart-warming letter from one of my new students, and I thought I’ll share it here. He will be one of the lucky 10 attending the March intake of the Synapse Program, and he has already started reaping the immediate benefits of the private discussion forum, even before attending the full program!

To all current students, I have recently created a new “Trading FAQ” section in the forum, and I will be answering all these questions and more in this new section, so that all new and in-coming students can benefit from it. 

Do join us here soon!

Soaring Profits on the Euro and Sterling 2

Soaring Profits on the Euro and Sterling 2

Today was a pretty quiet day, just like yesterday, for the large part of the day. The major pairs were trapped in a narrow range of about 30-40 pips. However, from reading the price action, I was pretty certain we would be seeing more upside. Adding to my longs from yesterday, I had about 20 lots on the EUR/USD.

After hitting my first TP, I went long 10 lots on the GBP/USD, staggering the 1st and 2nd TP to maximize my hitrate and lower my risk. The markets were rather quiet after dinner so I took some time off to do some Christmas shopping.

At night, both pairs broke out, and my 2nd TP for GBP/USD was hit. the EUR/USD was showing signs of price weakness, so I decided to take my profits and call it a night. I ended the day with an average of roughly 50 pips on 20 standard lots, which amounted to slightly more than 10k. I am still adapting to wider swings in my P&L, and I will continue to increase my trading size.

Note to Mentoring Program Graduates:
Work on the easier setups, and aim to find one or two good trades a day. Work on getting a high hitrate, and do not be afraid of letting the winners run. One good swing can make you more than many days of small profits. Take small victories, and make sure you catch these windfalls too.
Good luck!

Real Trading Skills Seminar at CMC Markets

Recently, I conducted a training seminar for CMC clients, sharing how to read charts without using any indicators or special software. I taught them 3 simple techniques – EMAs, Market Phase & Visual Scan – which we later used to do analyse some stocks and indices together. This was a very decent turnout with over 50 participants. I might be conducting a session that is open to the public soon. When the time is right, I will out a notification to register via the mailing list.

Feedback

“Something new, trainer is experienced.”
– Katherine (Finance Manager)

“The speaker is clear and steady in his presentation. Also experienced, knowledgeable and frank. [Real trading skills] are essential to grow one’s wealth, to manage risk, and to improve mental or psychology well-being.”
– Steve Soh (Investor)

“[This content] is something new, something extra from others. [Real trading skills] are essential to update ourselves and keep learning and familiarizing. Now I see the markets more in depth.”
– Lim Kian Chuan (10 years experience)

“Clean and simple. Good trainer.”
– Alvin Yu (Financial Associate)

What did you like best about this seminar? “Chart reading”.
How is the content different from what you have heard out there? “Very practical”
How does this change the way you see markets? “Learn the skill to analyse the markets and how to control.”
What are the key take-aways? “Time-tested setups.”
– Patrick Lim (3 years experience)

“This seminar taught me how to use different approach to trade, makes reading charts more simple and easy, such as using visual scan. This is different from those either use only FA, TA or software to promote their trading course.”
– Kok Cheng (Retired, 5 years experience)

“Speaker is sincere in sharing. Thanks!”
– Susie Lee (20+ years experience)

What did you like best about this seminar? “Practical”.
How is the content different from what you have heard out there? “Visual scans – just based on visual observations + feel of the market”
What are the key take-aways? “The 3 chart-reading techniques – EMA, market phase, visual scans.”
“[Real trading skills] enable us to handle actual market conditions.”
– Choy Kam Luen (3 years experience)

“This seminar has broaden/widen my view about markets. I learnt something new. This is different because it does not sell any formula or software. It is simple and effective. I learnt how to view charts from different perspectives. Spencer is a very good and honest guy.”
– Stanley Tan (Retiree, 10 years experience)

“The main difference from what I have heard out there is his experience in trading.”
– Edward (Retiree, 5 years experience)

“Good speaker. My key take-away is the visual colour scan.”
– Nathan (Sales, 3 years trading experience)

“This seminar has new concepts introduced. It is somewhat different from others out there, with a different approach to the market. There is good explanation of concepts.”
– Thomas Tung (5 years experience)

“Straight to the point. Using price action is different from what is out there. Helps to maximise profit. More control over the market. My key take-aways are the confidence and the strategies. Speaker speaks very clearly.”
– Clarence (Real estate agent, ERA)

“Good content. Heard concepts I have not heard elsewhere. No indicators are used by Spencer. He used “count” of colour + shadows to tell whether market is in which phase. [Real trading skills] are essential to increase chances of making profit and to reduce losses. Very well-spoken, content is delivered very clearly. Good content.”
– Lim Bee Tin (3 years experience)