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houtiantan replied Apr 5, 2018One thing for sure about trading is that you gotta use what works for you. I thank Hedge Fund Wizards for that important lesson. Rather than trying to follow what others are doing, try finding what works for you!
Cable Update (GBPUSD)
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houtiantan replied Jul 2, 2017Awaiting for the markets to open!
Intraday price action trend trading
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houtiantan replied Jul 2, 2017Truth to be said, some traders think that trading shouldn't be stressful at all, while others may claim that it is the most stressful job in the world. For me, I feel stressed by trading by a variety of reasons: unrealistic expectations, revenge ...
Is Forex stressful?
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houtiantan replied Apr 16, 2017With the DXY bouncing off the 61.8 Fibonacci level on the multiyear chart, I think we have reasons to short the US dollar. I have been shorting USDJPY over the past weeks. Here's a good setup!
USD/JPY Discussion
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houtiantan replied Apr 5, 2017Trade the triangle. I think it might break downwards eventually to 1.2290.
Cable Update (GBPUSD)
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houtiantan replied Mar 20, 2017Not too sure if anyone has used AxiTrader before, but I personally used it and has withdrawn 5 figures sum from them and had no issues.
Broker recommendations?
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houtiantan replied Mar 20, 2017I couldn't agree more with you actually. But as an elliottist, I'm looking at a potential reversal to 1.2240 region before heading up. If I were you, I'm buying in that region.
Cable Update (GBPUSD)
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houtiantan replied Mar 20, 2017Shorting the cable with a take profit near 1.2250 and buying it up at the shaded zone.
Cable Update (GBPUSD)
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houtiantan replied Mar 19, 2017We will probably be spending Monday Asian session consolidating around the 61.8 level, before heading down during US trading hours.
Cable Update (GBPUSD)
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houtiantan replied Mar 17, 2017Just closed my short. Staying out of the markets till next week. We could very well be seeing a long term weakness in USD.
Cable Update (GBPUSD)
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houtiantan replied Mar 17, 2017I've got a short on GBPUSD, with a TP at 1.2315. I think it's time for the tide to turn.
Cable Update (GBPUSD)
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houtiantan replied Mar 16, 2017Potential rally to 1.2350. What are your thoughts?
Cable Update (GBPUSD)
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houtiantan replied Mar 15, 2017A temporary correction down before continuing a rally?
Cable Update (GBPUSD)
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houtiantan replied Mar 15, 2017The market has long priced in the rate hike I'd say.
USD/JPY Discussion