Spencer Li

Trading Workshop | Guest Speaker on Behavioral Finance at SIM (Singapore Institute of Management)

Yesterday, I was invited by the Singapore Institute of Management (SIM) to give a workshop on behavioral finance and trading, and the title of my talk was “The True Nature of People and Markets”. Although it was a closed door event, I was pleasantly surprised by the large turnout of 50-60 students who were eager to learn more about this exotic field of trading.

After the talk, I also got the chance to interact with the students and dish out some “career advice” for those keen on choosing this path of becoming a professional trader for funds or banks. I look forward to more of such educational workshops, as I am also eager to share my skills with those willing to learn.

Once again, a big thanks to the SIM Investment & Networking Club, all the organisers, and all the great attendees who helped make this event a huge success. Cheers! :]

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Spencer Li

Singapore Forex Trading | EUR/USD – Delayed NFP Price Surge

The EUR/USD has been pretty quiet for the past few days, hovering near the previous high and awaiting the delayed NFP.

I was monitoring it on the M15 timeframe, and although I missed the initial strong breakout, I waited patiently for a pullback which netted  a quick $520 USD  profit over the next few hours.

For my exit, I used the T=T profit-taking method to catch the end of the trending move. This coincided perfectly with the short-term top.

With such a strong move, it is likely for the momentum to carry on for the next few days. I will be watching for opportunities either way.

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Spencer Li

Dow Jones Index – Equilibrium Trading

In the last workshop and market outlook seminar, we had a chance to briefly touch on the US markets, and within seconds I was able to decipher the direction based on price behavior.

This was also partly the reason why I took my profits on the EUR/USD and Gold shorts as mentioned a few posts back; true enough there was a sudden plunge in the USD, affecting all the majors, and causing the EUR/USD and Gold to spike up.

This looks poised to carry on pushing up to test the prior swing high, with a one-bar flag in the middle of the equilibrium range. I will be following up on this during the next market outlook seminar.

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Where will the US markets head next? And how will this affect the local markets?
I will be sharing my latest analysis here: https://www.eventbrite.sg/event/8521073761

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Spencer Li

Exclusive Events | TradeTech Asia 2013

TradeTech Asia is the region’s largest trading and technology conference, bringing together over 670 senior equity trading and technology professionals.

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“With over 70% of the audience from a buy-side, broker or an exchange, TradeTech is unrivalled in its ability to uncover, debate and determine where the industry is heading. Year after year it has convinced Asia’s most senior trading and technology decision makers to leave their desks for two days each November.”

Details:
20 – 21 November, 2013
Marina Bay Sands, Singapore

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Spencer Li

Announcement: Last intake for the Synapse Program

As we approach the conclusion of this fruitful year, we would like to thank all students and staff for the great support in making every run of the Synapse Program an incredible experience, and providing the great support and follow-up for each and every trader.

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To end the year with a BANG, I would like to take this opportunity to officially open the application for the last batch of  the Synapse Program for 2013. As per our usual tradition, this intake will be limited to the 1st 20 new applicants – unfortunately already more than half are filled from the waiting list from our last intake.

We plan to fill up all the seats by the end of October so that we can start making detailed preparations, and for this we are offering an early bird special price till the end of October. If you are interested, do act fast, or you might end up on the waiting list for next year.

Preview & market outlook: https://www.eventbrite.sg/event/8521073761
Course details & outline: https://synapsetrading.com/the-synapse-program/

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