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".
Articles
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EUR/USD – Triangle Evolves from Symmetrical to Ascending ahead of FOMC Risk
Tue, Jun 18 2013, 13:32 GMT
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USD/JPY in Double Bottom Attempt
Mon, Jun 17 2013, 14:37 GMT
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EUR/CHF – Falling Channel vs. 200-day SMA Support
Fri, Jun 14 2013, 13:23 GMT
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EUR/USD Technical Levels and Outlook (6/13 US Session)
Thu, Jun 13 2013, 13:43 GMT
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NZD/USD Whips RBNZ Bearish Reaction and Tests 0.8022 Again
Thu, Jun 13 2013, 13:37 GMT
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USD/JPY – Bearish with a Support Cluster Just under 93.00
Thu, Jun 13 2013, 13:32 GMT
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EUR/USD Remains in Bullish Stance as it nears 61.8% Retracement
Wed, Jun 12 2013, 14:21 GMT
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EUR/GBP Trading in Consolidation Mode
Wed, Jun 12 2013, 14:13 GMT
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GBP/USD Trying to Extend Short-term Uptrend
Wed, Jun 12 2013, 14:08 GMT
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GBP/USD Consolidating with Bullish Bias
Tue, Jun 11 2013, 14:05 GMT
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EUR/USD – 1.33 Still Resisting Bullish Development
Tue, Jun 11 2013, 14:03 GMT
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USD/JPY – Bears in Control After BoJ Holds Off More Stimulus
Tue, Jun 11 2013, 14:00 GMT
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GBP/USD Trading Near a Rising Trendline
Mon, Jun 10 2013, 14:19 GMT
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EUR/USD – Flag like Consolidation vs. Rising Trendline
Mon, Jun 10 2013, 14:11 GMT
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EUR/GBP Finds Support after BoE and ECB; Short-term Structure still Bearish
Thu, Jun 6 2013, 13:41 GMT
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EUR/USD Extending a Bullish Breakout after the ECB meeting
Thu, Jun 6 2013, 13:36 GMT
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GBP/USD Rallying, Testing 1.54
Wed, Jun 5 2013, 13:22 GMT
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EUR/USD Ranging Between 1.3050 and 1.3106
Wed, Jun 5 2013, 13:19 GMT
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GBP/JPY Growing Restless in a Triangle Consolidation; BoE Meeting Coming up
Wed, Jun 5 2013, 13:16 GMT
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GBP/USD – Monitoring Short-term Uptrend
Tue, Jun 4 2013, 13:52 GMT




