Tag Archive for: straits times index

Just a week back, we were studying the naked charts of the STI, and waiting for the perfect time to enter the market. I made my decisions after studying the behavior of the charts, and shared this calls in several forums.

Every day, as we practice more, our skills gets sharper and sharper, and once again this is another of our small victories for pin-point accuracy in our market timing.

Currently, we are holding onto our long positions in DBS and OCBC, which we posted here a while back. https://synapsetrading.com/banking-stocks-bought-dbs-ocbc/

While this might seem impossible to many, this technique actually took me many years of study to develop, and if you are keen to decipher this mystery and see for yourself how this is done, you can join us tonight for a free informal sharing session. http://www.eventbrite.sg/event/7201996365

^sti 230713 2

^sti 230713

Here are some trades taken by new students after they completed the Synapse Program, and they are almost already making back their course fee within the first week of trading! Keep up the good work!

For advanced reservations, join us at our next event to find out more about behavioral analysis and professional fund strategies by signing up here:
http://www.eventbrite.sg/event/7201922143?ref=ecal

Profits from SGX Stocks and Forex

Profits from SGX Stocks and Forex 2

For those who braved the haze last Wednesday to attend my sharing session, I believe it was very rewarding because I revealed some of my secret techniques of reading price behavior, and also did a comprehensive outlook and made several market predictions. Here are some snippets of the presentation slides:

Secrets of Behavioral Analysis

Called for a long on USD/JPY, and it is up over 250 pips since we initiated our long positions.

 Secrets of Behavioral Analysis 2

Called to short Gold with a TP of 1135, and Gold has dropped over 70 dollars since we initiated our short positions. Still has a long way to go.

Secrets of Behavioral Analysis 3

Called to initiate shorts near the turning zone (circled in red), and within the next 2 bars, price turned within that zone and yesterday the STI staged a dramatic drop of over 80 points. To all non-believers, these predictions were made in advance of the price movements, and in full view of the whole audience.

Secrets of Behavioral Analysis 5

This weekend will be another full-house run of the Synapse Program, and for those who signed up, I am pretty certain this weekend will be a major turning point in your trading career, and an unforgettable eye-opening experience, as it was for all those who attended in previous batches. Below are some screenshots of the comprehensive course manual.

As of today, the June intake is officially closed, and the next intake will be 3 months later, but you can reserve your seats now for the September intake, which is at last count already half-full.
https://synapsetrading.com/the-synapse-program/

P.S. On an unrelated note, the STI index and PSI index looks like they are converging to the same value. Not sure which is more deadly.

Secrets of Behavioral Analysis 8

slides screenshot

Having just returned from reservist, I did a quick review of all my trades and positions, and noticed some interesting observations.

1. USD/JPY hitting our TP
Firstly, the USD/JPY has finally hit 100, after my numerous previous post predicting this magnetic number, and calling for a buy. This is a good milestone to take some profits off the table.

https://synapsetrading.com/more-easy-trades-on-the-usdjpy-buying-with-the-big-boys/
https://synapsetrading.com/usdjpy-nearing-our-predicted-price-target-of-100/
https://synapsetrading.com/follow-up-on-usdjpy-up-300-pips-since-our-last-call/

https://synapsetrading.com/usdjpy-chance-to-hop-on-the-super-swing/
https://synapsetrading.com/usdjpy-will-it-really-reach-100/

 

usdjpy 130513 h4

2. Breakout on the STI and other Blue Chips
There have been breakouts on the Straits Times Index and other bluechips, fortunately we saw it coming and were able to take long positions before the breakouts started.

https://synapsetrading.com/straits-times-index-how-i-predicted-the-breakout/

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STI 130513

3. Croesus Retail Trust IPO
This IPO was a surprise windfall for many of us, and personally I’m not a big fan of IPOs, since I don’t have much time to research, but fortunately we were tipped off by one of our trainers. This was a good punt, netting us a quick 20% profit in a single day.

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s6nu 130513 2

 

Last week, I was having Army training in camp, so I didn’t have much trades, since I was limited to taking those hands-free trades. Still, it was a pretty good week, as most of my trades turned out well, netting a decent profit for me while I was out in the jungle serving my country. Unfortunately next week I will be having a 4D3N outfield exercise and will not be able to enter new trades, except for my existing positions.

20130320.160430_stsaf

Without further ado, here are some of my trades from last week, starting with some forex trades. I went short on 1 lot of AUD/CAD for 190 pips, raking a profit of US$1884 after price hit my TP while I was away from my screen. I only realised it after one of traders in the network mentioned it in our private forum.

audcad 050513 h4

audcad 220413 h4

 

Genting was an interesting trade, because it first tried to form a classical head-and-shoulders breakout to the wrong side, before triggering our long setup. Our TP of 1.63 was hit after a few strong moves, and price promptly reversed after hitting our TP.

g13 050513

Next week, the STI will drop to test the conviction of weak buyers the coming week, which would provide good entry opportunities for shrewd market-timers. I will be holding onto my shorts on Indofood Agri, as per my previous call to go short. I am looking forward to my next seminar once I return back from my Army training, and I will be able to share more about these recent trades.