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

Taken from “The Synapse Club” forum:
Forex Trading | EUR/USD 

Yesterday, our traders in “The Synapse Club” were alerted early of this excellent trading opportunity, as I managed to share it right after I placed my trades. This is one of the 4 major price behavior patterns, of which all 4 occur quite frequently on a daily basis. We hope that our small group of elite traders will soon be able to trade their way to financial freedom! Best of luck!

BIG Swings of Profits

This is the 5-min chart of EUR/USD, netting over 140 ticks after the BIG Break and following up with a BIG Swing!

BIG Swings of Profits 2

This is the 5-min chart of GBP/USD, netting over 85 ticks after the BIG Break and following up with a BIG Swing. However, the swing was much weaker than the EUR/USD.

 BIG Swings of Profits 3

The reason for this – the hourly chart of the EUR/GBP. EUR clearly exhibits strength relative to the GBP, helping us decide which BIG Swing to catch.

Start of A BIG Swing

Shared this free trade real-time in the private club forum so that everyone could profit from it together. That’s the advantage of working in a group, so that program graduates can share their trades and success.

I am expecting a BIG Swing, so I will continue to hold a long-term position. It is important (and I always stress this to my students), that one needs to let the winners ride. This is the only way to build up large winners.

A Tricky Price Manoeuvre

This is the hourly chart of Gold, which exhibited a tricky price manoeuvre by the BIG Boys, tricking newbies into going long if they relied on traditional technical analysis breakout setups or indicators.

The real BIG Break came right after that, giving us a very good short opportunity and easily netting a few thousand bucks within the next hour or so. Although it looks pretty obvious here, many would have missed out on this great opportunity because their charts are too cluttered with lines and indicators.

Screenshot taken from the STMP private discussion forum:

Forex Trading | The BIG Turn

The Results after:

Forex Trading | The BIG Turn 2

Sometimes, all it takes is one good trade to make the day. I spotted this trade in the morning and shared it with our STMP graduates, after which I shorted 15 lots and captured over 100 ticks on this trade.

Come to think of it, it really is getting quite boring nowadays, since what I do all day long is simply look out for the BIG 4 – break, swing, bounce, turn. Everything I need to know is in the price behaviour. No need for valuations, news, or analyst reports. No need to screen through indicators, divergences, scanners, wave counts, cycles, crossovers, etc

Sometimes, people don’t believe me when I show them how simple trading can be. As Leonardo Da Vinci once said, “Simplicity is the ultimate sophistication”, and I totally agree with him. Why complicate things when all you want to do is find easy opportunities and setups to make money?