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

Spencer Li

Forex Trading | The BIG Turn – $12,840 Profits on the 4-hour Chart

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?

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Spencer Li

Forex Trading | The BIG Bounce: Catching 70+ Ticks on the EUR/USD

BEFORE…

Forex Trading | The BIG Bounce

… and AFTER

Forex Trading | The BIG Bounce 2

How did I predict the price behaviour and enter at the EXACT LOW of the turning point? How did I calculate my entry to such precision and time my entry just as the price was about to make a BIG move? This is a good example of behavioral analysis, used to decipher the minds of the BIG Boys. If you are interested to find out, I will be sharing more next year in my talks, and there are a lot of exciting events coming up next year, which I will be sending out to the mailing list soon.

Stay tuned!

Behavioral Analysis Basics: The BIG Bounce
When the mark-up and mark-down campaigns are coming to an end, the BIG Boys will deliberately play up market emotions, triggering a strong climatic move to trap unsuspecting greedy or fearful traders, which the BIG Boys use to offload their positions and take profits. This creates a BIG snapback in the opposite direction as trapped traders cut losses and try to get out.

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Spencer Li

Forex Trading | The End of the World? Well-timed Shorts for the EUR & GBP

Forex Trading | The End of the World

Overall, this was a rather good week, with the EUR and GBP trending strongly upwards in the early part of the week. On Thursday and Friday, I already saw the signs of a major pivotal point, signifying a high chance of prices turning down.

I waited patiently for the market to confirm my opinion before taking my short positions, and my patience was rewarded by the market. I am glad that my opinions were confirmed by the market, and the satisfaction of reaping the rewards of self-discipline is better than the rewards of profits. After trading for so long, the profits no longer excite me as they used to.

Next week, I expect the market to be less lively, and I will be taking a break for Christmas, and to review my trades for the past year. This year has been rather decent, and as long as a trader keeps following the rules and sticks to a winning methodology, the consistency of profits will naturally follow.

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Spencer Li

Commodities Trading | Gold – Catching the Bottom Again

Commodities Trading | Gold

Commodities Trading | Gold 2

This time, besides sharing in the private forum, I also shared this trade in some public forums, minutes after I caught the bottom in Gold at 1636. This kind of precision cannot be done using any software of indicators, because those are slow and it requires the human touch to pinpoint such delicate turning points. Only by observing the price action will one be able to time the entry accurately.

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Spencer Li

Singapore Stocks | Olam: Catching the Turn – Over 9% Profits in 3 Days!

Singapore Stocks | Olam

A simple follow-up for those who traded based on this previous post 4 days ago:
https://synapsetrading.com/the-week-before-christmas-parties-rallies/

Olam has shot up over 9% within 3 days. How did I know the selling pressure was exhausted and a big move was coming? This has to do with reading hidden volume clues and understanding the price action.

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