Blog: Market Analysis

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

Forex Trading Updates: EUR/AUD, GBP/JPY, USD/JPY

Market Analysis

I have taken several small positions in 3 different counters, and you can see that you do not have to trade HUGE size or take HIGH risk in order to make decent money.

Our motto is “low risk, high returns, hands-free”, and we use these 3 principles to guide our trading.

In the chart below of EUR/AUD, by going long near a key support zone, we can limit the risk substantially by utilizing the support level, and taking advantage of a good R/R to maximise our odds.

Spencer Li

Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.

2 Comments/by Spencer Li

Forex Trading Updates: Gold & EUR/USD

Market Analysis

Today, it was a fun and busy day for me, trying out some long-lost foods (ice-balls), catching some performances, meeting up with some friends, and I even got to meet the President! (Just a wave and a smile 🙂 )

The best part was the surprise at the end of the day, when I checked my hands-free forex trading account, and found that my orders had been triggered, and I was up by over $3,000.

What a nice way to end the week!

I will be checking and updating my stock positions later this weekend. Stay tuned!

Spencer Li

0 Comments/by Spencer Li

Gold Trading | Instant Profits on NFP Night Again

Market Analysis

Following up from the previous Gold trade, the NFP night was another great opportunity for some fast profits, so as usual the Synapse Network was a flurry of activity before 9.30pm loomed, as we decided which setups to take and the parameters for each trade.

https://synapsetrading.com/cashed-in-some-profits-from-gold-eurusd-to-buy-an-ipad-forex-trading-singapore/

Seeing the obvious setup, I decided to go long, and shared this in the Synapse Network forum. And guess what, BOOM! Gold was flying up the moment the news came out.
Indeed, human behavior never changes.

Spencer Li

0 Comments/by Spencer Li

Cashed in Some Profits from Gold & EUR/USD to Buy an iPad | Forex Trading Singapore

Market Analysis

A few days ago, I cashed out some of my profits to buy an iPad mini, and finally it has arrived!!! I was actually expecting it tomorrow, so this was a pleasant surprise. #applefan

Although it has only been a few days into the new year, our hands-free strategy has already unearthed several good trades, allowing us to cash out some and ride the profits further.

https://synapsetrading.com/commodities-trading-gold-rush-first-trade-of-2014/

This year, to test out the hands-free strategy, I will be taking quite a number of trips (for work and holidays), and I will continue trading and sharing in the Synapse Network. This will be perfect for those who have a day job and are trading part time, because they cannot possibly be watching the minutes or seconds chart all the time.

Let’s keep up the momentum, and make more Ang Bao money before CNY! Huat Ah! 🙂