Blog: Market Analysis

Last week, on Thursday at our LIVE market outlook, I gave the participants many useful tips to trade on, and here are some of them, including both stocks and forex.

rank scan 071113 swing stocks

On Friday, after sharing this chart on Thursday and calling to go short during the session, true enough the market collapse on Friday, with the STI closing down 25 points. There might be some rebound due to the US strong closing on Friday, but overall I am not optimistic.

This chart of Oxley was shared during our session, and it has surged up over 15% since then. Kudos who those who went long.

Keppel continued its uptrend on Friday, up another +0.83%.

YangZiJiang – Still not moving yet, but keep an eye on it. Very promising.

Besides stocks, I also talked about my massive open short positions on the EUR/USD and AUD/USD , and on Thursday night and Friday night, both came crashing down over 200+ pips. It was a great way to end the week, and I will follow-up the step-by-step analysis of these in a subsequent post.

We also talked about the launch of our new course syllabus for the training program, those who are interested can drop us an email to see if there are still available slots.

If you are interested to attend a free LIVE market outlook such as this, and don’t want to miss out on the next one, you should start reserving your seats now.

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.

SGX Singapore Stocks | Super Group – Super Breakout!

After getting a tip-off from one of our students, today we kept a prudent eye on Super Group, and true enough it staged a stupendous breakout from its consolidation pattern.

With the results coming out soon on 11 Nov, could this be another instance of price leading the news?

The breakout was clean, supported by strong volume (1.7x the average volume), topping the ranking today with a +3.52% gain in the market.

If results don’t disappoint, it will likely head up to test the previous swing high.

For those who have signed up for the free market outlook session today (Thursday), I have prepared some interesting charts to show the big picture of the market which I will reveal during the session. For those who want to drop by, there might still be a few seats left. https://www.eventbrite.sg/event/8794674107

Singapore Forex Trading | Swift Plunge on the EUR/USD for 200 Pips

A swift spike down on the EUR/USD once it reached the key supply zone, triggered by the price behaviour. This was an excellent chance for all to short, although there was no good pullback to stack more positions.

The subsequent move was strong and sharp, taking off 200 pips for a tidy profit.

SGX Singapore Stocks | First Resources Flew Up +7.7% After Accumulation Buying

After our post on commodities yesterday, today we saw a new commodity counter stage a breakout after a long period of accumulative buying. First Resources, after breaking out, surged a whooping +7.7% return in one day, ending the week with a bang for all of us in the Synapse Network! :]

Any astute investor or trading would have by now noticed the steady gains in commodities across most counters, with First Resources posting a net gain of 23% since we started covering it a few months ago. Catching these big moves are the best opportunities to grow your account in a low risk environment instead of gambling on penny stocks.

Read previous posts on this stock:
https://synapsetrading.com/tag/first-resources/

Singapore Forex Trading | AUD/USD: Follow-up from Reaping Profits $$$