Last week, the Pound suffered its steepest daily fall of 2017 after a shock election result denied any party a majority in parliament days before Brexit negotiations begin.
Source: The Telegraph
Thankfully, our Synapse Network came fully prepared to profit from this move! 😀
Here is a highlight of the early prediction given by Spencer several days before the sharp plunge:
While waiting to short Gold, we took a short-term long trade to make some quick bucks on the side.
If you would like to learn how to make a consistent monthly trading income using as little as 15 minutes a day, come join our closely-knit community of traders! Check availability: https://synapsetrading.com/the-synapse-program/
https://i2.wp.com/synapsetrading.com/wp-content/uploads/2017/06/synapse-network-trade-results-1-110617.png?fit=503%2C738&ssl=1738503Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2017-06-11 04:35:242018-10-30 13:44:49GBP/USD - Predicting the Big Short (And Cashing Out Big Profits on it!)
While most stock markets were crashing the past few weeks, we have been taking advantage of bullish trend in Gold to make a quick profit of $6,497 by going long on Gold, by spending only 15 minutes a day.
This is why it is important to be aware of multiple markets and products, and not always look to buy-and-hold stocks only.
Want to guess what the next big move will be? Stay tuned!
https://i2.wp.com/synapsetrading.com/wp-content/uploads/2016/01/2016-01-27-02.54.50.png?fit=640%2C1136&ssl=11136640Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2016-01-26 03:18:292018-10-30 13:44:50Buying Gold a Good Bet in Turbulent Times: Open Profit of $6,497 on Current Long Positions!
Since the post-2007 crash recovery starting in 2009, how have the markets fared?
Stocks, represented by the S&P 500, have steadily climbed, gaining an impressive 130% over the 6+ years.
Commodities, represented by oil, silver and gold, did not fare so well.
Oil peaked in the first half of 2011, consolidated for about 3 years, then made new lows in 2014.
Silver and Gold peaked in late 2011, then steadily declined all the way till today, giving up almost all its gains since 2009.
As the Fed gets ready to raise the interest rates, this is likely to give a boost to the US dollar, which will further suppress commodity prices. For oil, this is especially bad, since there is already an oversupply forecasted for 2016.
A higher interest rate will also bring down bond prices, ending the 30-year bull trend, and in months to come, act as a drag on stock prices. This means that the stock market is a ticking time bomb.
If all these happens, we will have a scenario with:
Bullish US dollar
Bearish oil, gold, silver, commodities
Bearish bond prices
Bearish stock prices
Bearish economy?
That would be a pretty gloomy deflation scenario. 🙁
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2015-11-23 01:10:142018-10-30 13:27:40The Past 6 Years Summarized in One Chart - Are We Headed for Deflation?
After our last few trades, including a short position on the STI index, and a short position on the NZD/USD (which we closed and switched to long on a new setup – updated real-time), and tomorrow we are watching for a few new trades to enter.
One of our latest trading opportunity is a bearish trade setup on the H4 timeframe of Gold, which we have now converted to a risk-free trade by shifting our stoploss to breakeven. This means that even if the position goes against us, the maximum amount we can lose is our open profit, and not any of our precious trading capital.
This coming Thursday, I will be doing a live demonstration on how I pick these trades, and reveal the latest trading opportunities. I will also be talking about the majors that affect the big moves in the market, and how you can build a portfolio that can do well in all market conditions, so that you do not have to worry about the stock market crashing.
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg00Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2015-07-09 02:18:062018-10-30 13:44:50Is this the Right Time to Buy Gold Now?
Source: The Telegraph
