FX:AUDUSD   Australian Dollar/U.S. Dollar
9043 50 174
9 months ago
Hello traders AUDUSD             broke out of the up correction so I am expecting more downside. I posted a trade I asked all my traders to take so that they can build confidence in wave patterns.
For those not in you can sell any corrective structure on a lower degree.

Trade with care.
Thank you for your support.
9 months ago
Comment: up date on the trade we took
snapshot
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Training : add to skype mangal457
Havanajoe PRO
9 months ago
Nice one Anil
+1 Reply
CalvinFvand PRO
9 months ago
I am in the trade, awesome setup Anil.
+1 Reply
anilmangal TOP CalvinFvand
9 months ago
You guys say thank to Thomas for asking the question, that made me force all of you to take it !!
+4 Reply
Nick4x PRO
9 months ago
This is great one. Many thanks Anil
+1 Reply
anatoli.russu
9 months ago
Great trade !!! Hope it goes all the way down.
+3 Reply
apap100 PRO
9 months ago
nice one Anil!
+2 Reply
Macan
9 months ago
Awesome look i am have open at .71450 and will sell more in correction. Very nice Anil!
+2 Reply
anilmangal TOP Macan
9 months ago
nice
+4 Reply
Peter_238
9 months ago
Great Im in to..Thanks anil..
+1 Reply
Jamesb
9 months ago
Very good call Anil; set my entry order and came back to a positive result.
+1 Reply
patelsa PRO
9 months ago
Good call! Took the trade :-)
+1 Reply
GoodLuckbabe
9 months ago
nice setup anil i think your first idea still in play nothing has changed in that idea except little correction under channel trend line thanks for sharing
AUDUSD Don
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GoodLuckbabe GoodLuckbabe
9 months ago
snapshot
this is how i am expecting break down
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GoodLuckbabe GoodLuckbabe
9 months ago
snapshot
this is how i was following this pair
+1 Reply
GoodLuckbabe GoodLuckbabe
9 months ago
snapshot
+1 Reply
Clemens PRO
9 months ago
thx
+1 Reply
AldreyMor
9 months ago
At least if the FED decides to increase rates by march I don't see this breaking 0.70000, although at the end of this year still 0.66000 my forecast
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Bandarsq PRO
9 months ago
caught it just in time ;)
Aussie - Rising Wedge
+2 Reply
longshot PRO
9 months ago
go baby go!
+1 Reply
Lindsay PRO
9 months ago
Thanks Anil. Two positions well on the way. Will put a third on very soon. Great everyone I know is on to this one.
+1 Reply
glaazie PRO
9 months ago
dear anil how would you call this kind of wave structure in my humble opinion i think its a expanding diagonal ?
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Nickmail
9 months ago
I think this is wrong idea
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ibnu Nickmail
9 months ago
you 'think' it is wrong just because you long on this pair?
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bekirdur PRO ibnu
9 months ago
Everyone can comment ibnu, or disagree, right? We all watch and see how it goes :) I sold this at the top last night when it closed up to %88,6. I thought it was a good risk/reward ratio with my stop loss level.
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ibnu bekirdur
9 months ago
sure bekirdur, everyone can comment or disagree. I'm just saying, "I think this is wrong" should be clearly explained, not just randomly comment on someone else chart and saying that it's wrong. if you just want to say that "this is wrong" and not explain about what you think the correct one, better keep it for yourself because it's just like another trolling.
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kenhigh2000 Nickmail
9 months ago
if is wrong idea its better you announce it in CNN than fooling yourself here
+1 Reply
Vostiothenjo kenhigh2000
9 months ago
Announce on CNN?????? lol. Structure is still intact
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Piet.Hein
9 months ago
Very nice post!
+1 Reply
Csys
9 months ago
Already in short! Thanks!
+1 Reply
oubba37
9 months ago
Very nice analysis thanks Mr Anil
+1 Reply
senejani.ali
9 months ago
What level are we looking at to short again?
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bernaoui
9 months ago
IS THIS TRADE CLOSED !!!
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dhanes71 bernaoui
9 months ago
Yes he already closed it on breakeven
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dhanes71 bernaoui
9 months ago
But he's still looking for another sell setup
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LukaszJemiol
9 months ago
and trade have not worked
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thewealthlifters
9 months ago
What is it with thus AUDUSD erratic move
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AlexxChan thewealthlifters
9 months ago
fundamentals, like oil
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anilmangal TOP AlexxChan
9 months ago
There is nothing erratic about the moves, I do two daily updates in my live room and nothing happened ,that we were not prepared for, that is why I took BE trade and not a loss. Fundamentals? LOL.
+2 Reply
AldreyMor anilmangal
9 months ago
Perhaps the rally in equities had some to do I think?
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xtrade2015 PRO anilmangal
9 months ago
will need to learn how to quite it as fast as you do next time
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Fibtree
9 months ago
OUCH!
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AldreyMor
9 months ago
Damn
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longshot PRO
9 months ago
thanks for the update Anil, i also hope to get another crack at it! idk what people mean by 'didn't work', i went to sleep with plenty of free pips locked in...
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anilmangal TOP longshot
9 months ago
Ignore the noise stay focus , we risked 28 pips and it went 60 , i know many of them would wish they could do that !!! I take BE because my plan was over 1000 pips !!
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Asgardthor2525 anilmangal
9 months ago
hi anil , i was wondering whether is your view still the same on this pair...... anyway you are doing great job ...
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xtrade2015 PRO
9 months ago
this got stop out ! sorry
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emreakarca0088
9 months ago
i'm in trade now too, with little loss too.. but i don't think that news change the prices , just tells us time of moves.. that's all..
we will see news from Australia 2 hours later, probably there will be not good news, and we will go down again..

and if you are believer of news effect, today's are not effective ones for this key level..
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cdhinjan
9 months ago
Hi Anil,

If you examine the Weekly chart for this AUDUSD pair with the 12/26/9 MACD and/or the 5/34 AO, you'll notice that this pair is heading up into a big C wave (huge divergence Between price and either of these two indicators is evident). This pair started moving up in October 2008 and entire 1-2-3-4-5 move was corrected by ABC by August 2013. Then a new trend began DOWNWARDS after and X wave up with a weakening AUD. And now this move down (1-2-3-4-5) seems complete and an ABC is folding out. However, I might be wrong. Please check weekly chart. I have seen such divergence being nullified with another peak down. It's mind-boggling.
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Jakovskii
9 months ago
Fail
+1 Reply
nomorepipsforme
9 months ago
Thanks for the update! Looks like a good trade opportunity!
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