Market analysis, insights and trading ideas on various markets and products!

Spencer Li

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

boj negative rates

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:

2016-01-29 23.12.50

usdsgd rates 290116

synapse network 290116 2

synapse network 290116

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

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Spencer Li

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

2016 01 27 02.54.50

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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!

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Spencer Li

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

cape vulture at sunrise in satara area in kruger national park s africa

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.
https://synapsetrading.com/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.

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.

cape-vulture-at-sunrise-in-satara-area-in-kruger-national-park-s-africa

I will be watching patiently from the sidelines.

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Spencer Li

Trade Review: Closed Short Position on S&P 500 for $2754 Profits

Closed a short trade on the S&P 500 for $2,754 profits over 2 days. Just in time for some Christmas shopping! 😀

S&P 500 211215 synapse network

2015-12-19 01.35.06

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Spencer Li

Review of 59 Trade Alerts for 2015: 36 Wins, 9 Losses, 10 Draws!

daily trade alerts 181215

Since the launch of our daily trade alerts for stocks, forex and indices in June this year (about 5+ months), we have had great feedback from out students on the amazing track record and transparency in posting accurate calls with entry price, stoploss, trailing stoploss (updated daily), multiple price targets, reward/risk ratio, and annotated charts with all these.

daily trade alerts 181215

With just 15 minutes a day of trading, the results are 36 winning trades, 9 losing trades, and 10 trades that broke even. Currently, there are still 4 open positions. Considering that each winning trade can potentially make 2-5x of each losing trade, this is an extremely bountiful year for us.

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Still, we will continue to strive for excellence, and improve on this in 2016. We look forward to you joining us in our profitable and stress-free trading journey by applying this 15 Minute System. For more alerts, please subscribe to our mailing list here: http://wp.me/P1riws-4oX

Cheers! 😀

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