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For the past 2 months, the Covid-19 virus (Wuhan virus, Coronavirus) which originated in China was highly contagious, but it managed to remain mostly in China, hence the global community as a whole did not seem that worred about it, as seem by how the Us markets continued to run up.

However, it now seems that the virus is speaking to other countries quickly, with outbreaks in South Korea, Italy, and the Middle East (Iran), sparking fears that this might go out of hand and create a global pandemic.

Spread of the Covid-19 Virus

As we can see from the map, the virus has spread to most of the developed economies, thankfully sparing Africa and South America.

It would be disastrous if the virus did get there, as they are battling many other problems and other diseases (eg. Ebola).

The cases are still growing daily at an alarming rate, but at least it is no longer exponential.

The risk, however, is that clusters of outbreaks in various parts of the world might cause another exponential spike in cases.

 

Bearishness in Aussie Dollar (AUD)

Safe haven assets like Gold, Bitcoin and USD have been strong, while currencies like NZD, EUR and AUD have weakened the most.

 

Here are some of the recent analysis and trades of AUD/USD and AUD/CAD:

 

Gold as a Hedge Against Stock Declines

Gold is a good hedge against a crash in the stock market, because it is viewed as a safe haven asset, especially when the crash is happening.

Since the stock market is at all time highs, we have advised our students to add Gold to their investment portfolio.

Gold has since rallied strongly, and will likely continue to outperform.

 

If you would like to avoid missing out on any of such awesome trades (which we deliver on a daily basis), then you should definitely check out our training program & trading signals bundle:
https://synapsetrading.com/the-synapse-program/

See you on the inside!

At the start of this week, we made some trade calls in our FREE forum, and today we are reaping some of the profits together! 😀

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On Monday, I will be heading for my 1.5 weeks army reservist, which means I will be relying on my trusty smartphone to place my trades again.

 

Here are some opportunities I will be looking to trade on the go:

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AUD/USD – Potential short trade with good R/R near top of channel

 

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NZU/USD – Already short on this, looking more bearish after breaking the trendline

 

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Coffee – Strong rebound after hitting into strong resistance, setting up a good R/R trade

I will probably not be able to update my blog for a while, but I will continue supporting the private forum (via my phone).

See you soon! 😀

I’m finally back from my holiday! 😀

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Before leaving for my holidays last week, I conducted a monthly workshop, where I shared some of the best trading opportunities for the week that I would be away.

Some of them included going long on the STI (Stratits Times Index), going long on Crude Oil, and going long on the AUD/USD.

 

DAILY TRADE ALERTS:

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GOING LONG ON THE STRAITS TIMES INDEX (STI)

Amazingly, we managed to go long on the STI at the exact turning point, and almost immediately, the STI rocketed 75 points within the next few days. How did we managed to spot the turning point with such uncanny precision?

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GOING LONG ON CRUDE OIL

Crude oil prices soared on hopes of the talks, and applying the “buy on rumour, sell on news” principle, we managed to take our profits near the high before the talks. Eventually, the talks did not turn out well and prices gapped down.

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LONG POSITION ON AUD/USD

We are still holding onto this position to ride it for a larger profit. 😀

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HOW DID I MANAGE TO DO IT??!??!

If you would like to find out how I manage to make money consistently from the markets with 15 minutes a day using just my mobile phone from anywhere in the world, join me for a free training workshop next week: https://synapsetrading.com/events/training-workshops/

See you there! 😀

Recently, we started a new LIVE! Forex Trading chat group, to discuss the market in real-time and provide more trading opportunities.

We are making this secret group very exclusive, and we are looking for serious traders who are willing to learn and get the results they want.

It doesn’t matter whether you are new or experienced, because when we trade together, what matters is the profits and results that you create for yourself, and making profits together makes it all the more exciting and memorable.

 

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Although it has only been active for 1-2 months, we have seen very good feedback, and together, we have managed to capture many good trades.

Just last week, we have seen extraordinary profits on EUR/USD, AUD/USD, USD/JPY, and Gold.

Congrats to everyone for chipping in, and don’t forget to enjoy the profits which are part of our hard work together!

If you are keen to join us, you can drop by for our next upcoming event:
https://synapsetrading.com/free-workshop-7-best-kept-secrets-professional-traders-live/

Good luck! 😀

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