anilmangal
Short

AUDUSD still in the corrective structure.

FX:AUDUSD   Australian Dollar/U.S. Dollar
16838 53 352
Hello Traders, I am asked to up date the AUDUSD             chart I posted a while ago, but would like to warn of the danger of picking tops and bottoms.
Remember no matter how accurate your analysis is (and I have not found any method of analysis to be more accurate than wave theory) you still have to let the chart prove you correct. That is why I train, yes TRAIN, my trader to have penitence and wait for the trade. We are waiting for a sell on AUDUSD             but first it has to make a down impulse (this is the start of any wave ) then it will correct, this is the prof of continuation. Use a tested strategy to trade it . I hope this helps.



Trade with care
Thank you for your support.
Comment: 60 min view.
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Comment: This is why you wait for confirmation
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Comment:
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Comment: Ok Guys you are getting one of the golden rules I teach my traders "it's not over until it proves it's over" If you have seen any of my webinars you would know the basic structure of wave analysis - impulse correction impulse.
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YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
Really Nice Anil , do you have some update?
Thanks
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mari2016 Dguaman
hello Anil
In the daily/weekly chart you consider trandline broke ?
thanks!
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Hi Anil,
After watching many of your videos on wave trading, you make every thing look so simple and straight forward, I have been learning charts for @ 4 months now, and trading them with paper money, since you posted this I have this chart and trend lines in different time frames, but I have found its clinging tightly to the 4 hour trend lines, and I have traded this long and short over the last 4 days, its just unbelievable how much paper money i have made off this trade' at the time of writing this the price is 0.76945, and i have been short for 24 hours, I have my buy and sell order's in for what I believe to be the bounce at 0.76850

I can only thank you for the knowledge I have learned from you over the last few weeks
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Thanks Anil.
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Hi boys and girls

Trade AUD USD yesterday
Entry at 0.7688
i have fixed my TP at : 0.7735

Today : Win 47 pips

Cool trade today
Enjoy

(\_/)
(='.'=)
(")_(")
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Hi ,Anil, if it breaks 0.783 ,we revers?
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Market is testing .7676 critical resistance level, let's see if the daily candle closes above that level or not, if not then we might see mid-week reversal in Asian Session.
Happy trading to all!
+1 Reply
Good lesson learnt from me here..shorted the top, not in loss. Thanks anil! appreicate your words (:
+1 Reply
Many thanks for updates,sir!
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''its not over until its proven its over''
This means : Dont assume that the corection is over,until is over! ?? In this case,i mean.
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