Fan Yang has been a forex trader since 2007, and has been involved in the equity markets before that. He is a chartered market technician, and focuses on using technical analysis to trade. His career in forex started at CMS Forex, where he provided basic education on technical analysis. Now he is a full time trader, sometimes updating his views on www.fxtimes.com. He also contributes monthly to the FXStreet webinar community.
Mr. Yang uses the breakout approach as his primary entry method, like the turtles, but not with Donchian channels. But he also incorporates secondary and tertiary strategies. He believes in simplicity and it shows in his breakout methodology. However, he has developed some sophistication in trade and risk management. Fan believes that it is the management factor that drives performance, not necessarily being right or wrong in particular trades. He believes losing trades are a very essential part of getting winning trades, because you have to take risks, but you must adhere to the adage "cut your losses short, and let your winners run".
Fan Yang, CMT's Articles
Silver Tipped Above Descending Trend Channel
Thu, Nov 28 2013, 07:08 GMT
The "USD JPY" Pair Has Been Range-Bound But Change May Be Imminent
Mon, Jan 30 2012, 12:02 GMT
GBP/JPY Weekly Outlook – Impulse Wave Development Targets 145-146
Fri, Apr 15 2011, 17:58 GMT
USD/CHF Weekly Outlook: Getting Clues for the Intermediate Term Direction
Fri, Apr 8 2011, 15:03 GMT
GBP/USD Weekly Outlook: Upside Prospect after Resolution of Bearish Divergence
Fri, Apr 8 2011, 12:41 GMT