HouTianTan

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About me Forex Trader, sometimes Equities too!
Last visit Joined 3 years ago Singapore HouTianTan
Modest doubt is called the beacon of the wise.
Markets Allocation
89 % forex 7 % indices 4 % stocks
Top Mentioned Symbols
GBPUSD 33% | 9 USDJPY 22% | 6 AUDUSD 18% | 5 USDCAD 3% | 1
HouTianTan HouTianTan USDCNH, D, Short , 24 days ago
USDCNH: USDCNH Short Target 6.7200
9 0 4
USDCNH, D Short
USDCNH Short Target 6.7200

The appreciation of Chinese Yuan against the US Dollars on the 3rd of January to 5th is a strong signal of a longer term strength of the CNH. The Yuan has been in a consolidation state since then, and is now trading near the upper band of the range. Short the pair using a market order with a stop-loss of 6.8866 with a Profit Target of 6.7200.

HouTianTan HouTianTan GBPUSD, 240, Long , a month ago
GBPUSD: GBPUSD Consolidating Triangle
17 0 2
GBPUSD, 240 Long
GBPUSD Consolidating Triangle

The currency pair is currently trading within a triangle range. As such, the common practice would be to go long near the bottom range of the triangle, and to go short near the top. When the pair breaks out from the bottom, short the pair. Similarly when it breaks above, go long. Go long when the pair trades at the bottom range (currently at 1.2407) of the ...

HouTianTan HouTianTan XOM, W, Long , a year ago
XOM: Exxon Mobil, and the Energy Sector
14 0 0
XOM, W Long
Exxon Mobil, and the Energy Sector

With Oil prices hitting new lows every now and then, it’s hard to believe that pump prices in Singapore barely move an inch while the Energy Sector’s valuations have been dropping. The Sector’s performance move in tandem with oil prices, as higher prices would allow them to realise more revenue. That equates to more funding for oil exploration, but with oil at ...

HouTianTan HouTianTan STI, W, Short , a year ago
STI: Straits Times Index to continue drop
3 0 0
STI, W Short
Straits Times Index to continue drop

After sliding from the peak of 3,550 in April for almost 6 months, the STI has been rallying for the past 3 weeks to 3,068. Based on my analysis, the 6 months bear was a 3-wave correction, with the existing rally acting as the 2nd wave of the bigger trend. With that in mind, the STI may continue its decline at the 0.618 level at 3,237.

HouTianTan HouTianTan GBPUSD, 60, Long , a year ago
GBPUSD: GBPUSD long on hourly
43 0 0
GBPUSD, 60 Long
GBPUSD long on hourly

Based on Elliott Wave and Fibonacci retracement, the cable has just finished a 3-wave correction on the hourly chart. With that, we may be entering a new impulse wave or a 2nd corrective wave. My recommendation would be to go long on this pair with a STOP LOSS at 1.5310, and a TAKE PROFIT at 1.5427.

HouTianTan HouTianTan USDCAD, 240, Short , 2 years ago
USDCAD: USDCAD SHORT for the week 29/6/2015.
18 0 0
USDCAD, 240 Short
USDCAD SHORT for the week 29/6/2015.

The currency pair has just ended its 2nd corrective wave on the 4hr chart at the 61.8% retracement level of the original corrective wave. With that in mind, it will be trading down on its 3rd and final corrective wave for this week. We can expect to take profit for this trade at around the price of 1.2140.

HouTianTan HouTianTan USDJPY, 240, Long , 2 years ago
USDJPY: USDJPY Trade with FXStrada, Your trusted signal provider.
19 0 0
USDJPY, 240 Long
USDJPY Trade with FXStrada, Your trusted signal provider.

I just longed the USDJPY at 106.920. Drawing a support line on the 4hr chart, along with the Fibonacci Extension, the target profit for this trade will be at 109.720. Join us on Facebook at https://www.facebook.com/fxstradasignals.

HouTianTan HouTianTan GBPUSD, 240, Short , 2 years ago
GBPUSD: GBPUSD Short Position by FX Strada
23 0 0
GBPUSD, 240 Short
GBPUSD Short Position by FX Strada

Hi everyone! It has been a long time since this page updated. With this, I shall provide a signal on GBPUSD, which has been on a long decline, but it went for a correction recently. I believe that the Cable will continue with its decline, and thus decided to continue to short this pair. The Cable was closed for the week at 1.6070, very close to the psychological ...

HouTianTan HouTianTan AUDUSD, D, Long , 2 years ago
AUDUSD: AUDUSD RALLY! LOTS OF POTENTIAL PROFITS!
78 0 0
AUDUSD, D Long
AUDUSD RALLY! LOTS OF POTENTIAL PROFITS!

Hello readers! Today, I will be presenting a series of updates on the 3 FX pairs that I have been trading. AUDUSD Upon completing the entire corrective pattern, the pair is riding the first wave of the 5-wave pattern. That being said, we are EXTREMELY BULLISH on the aussie and you should definitely long it whenever possible. Our target profit level? Dont be ...

HouTianTan HouTianTan GBPUSD, D, Long , 2 years ago
GBPUSD: GBPUSD RALLY! LOTS OF POTENTIAL PROFITS!
38 3 0
GBPUSD, D Long
GBPUSD RALLY! LOTS OF POTENTIAL PROFITS!

GBPUSD Similarly, we believe that this pair has just finished its entire 3-wave corrective pattern, and its in a “partial consolidation” state as the 1.6692 and the 1.6778 levels are pretty crowded. That being said, this is a good pair to long, as long as you do so at a strong support level. READ MORE AT HTTP://BIT.LY/IMBAFC

HouTianTan HouTianTan AUDUSD, D, Short , 2 years ago
AUDUSD: AUDUSD 200-pips profit!
55 0 1
AUDUSD, D Short
AUDUSD 200-pips profit!

This pair is entering the 3rd corrective wave of the daily pattern. We have an estimated take profit level at 0.9152. Based on current entry price, this should return you a 200 pip profit, taking about 2-3 weeks to complete this pattern.

HouTianTan HouTianTan GBPUSD, D, 2 years ago
GBPUSD: GBPUSD DAILY OVERVIEW
23 0 0
GBPUSD, D
GBPUSD DAILY OVERVIEW

Hi everyone! If you have yet to see the introduction video which ChuanSiang and I made, please go to our "About" page and view it! The video covers on what this website is all about, how we trade, and etc. I'm not sure if any one of you have been whipsawed last week, but Friday was definitely one heck of a trading day. That was a result of the release of ...

HouTianTan HouTianTan AUDUSD, D, Short , 2 years ago
AUDUSD: AUDUSD SHORT SELLING (70% PROBABILITY)
30 0 1
AUDUSD, D Short
AUDUSD SHORT SELLING (70% PROBABILITY)

Hi everyone! If you have yet to see the introduction video which ChuanSiang and I made, please go to our "About" page and view it! The video covers on what this website is all about, how we trade, and etc. I'm not sure if any one of you have been whipsawed last week, but Friday was definitely one heck of a trading day. That was a result of the release of ...

HouTianTan HouTianTan USDJPY, 240, Short , 2 years ago
USDJPY: USDJPY Short Selling (80% probability)
23 0 0
USDJPY, 240 Short
USDJPY Short Selling (80% probability)

Hi everyone! If you have yet to see the introduction video which ChuanSiang and I made, please go to our "About" page and view it! The video covers on what this website is all about, how we trade, and etc. I'm not sure if any one of you have been whipsawed last week, but Friday was definitely one heck of a trading day. That was a result of the release of ...

HouTianTan HouTianTan USDJPY, 240, Long , 2 years ago
USDJPY: USDJPY 26/3/2014
53 0 0
USDJPY, 240 Long
USDJPY 26/3/2014

As you can see, the Yen has completed the 3rd corrective wave, and is now progressing on the trend line as drawn. We recommend you to enter the market while it grinds along this trendline. We do see a potential upside to 105.28. However, for now, we would focus on trading the first wave. Follow us on wordpress @ http://imbahfc.wordpress.com/

HouTianTan HouTianTan GBPUSD, 240, Long , 3 years ago
GBPUSD: GBPUSD 3/3/2014 Analysis
117 0 0
GBPUSD, 240 Long
GBPUSD 3/3/2014 Analysis

Hi everyone! Today I'll be doing an analysis on the cable, aka GBPUSD. The spot market has been going nowhere in the past week and this is especially so for the pound. It has been hovering around the 38.2 retracement level, and has finally made some progress up north... Read more at http://imbahfc.wordpress.com

HouTianTan HouTianTan USDJPY, 240, Long , 3 years ago
USDJPY: USDJPY Analysis 17/2/2014
45 0 1
USDJPY, 240 Long
USDJPY Analysis 17/2/2014

Hello everyone! Today I will be doing an analysis on the Yen. The currency pair has been moving in a range, and I believe that a triangle is forming in the 4-hour chart. A 5-wave triangle I would say... Read more at http://bit.ly/imbafc

HouTianTan HouTianTan GBPUSD, 60, Short , 3 years ago
GBPUSD: GBPUSD 30/12/2013
101 0 0
GBPUSD, 60 Short
GBPUSD 30/12/2013

The pair rallied on Friday, just hours before it came crashing down, creating a bearish dark cloud cover signal on the 4-hour chart. On the 1-hour chart, the market has closed just slightly below 18 December’s high ($1.6480), as well as below the Fibonacci Extension level of 0.618. With the bearish candlestick signal on the 4-hour chart, rally of the DXY, along ...

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