anilmangal
Short

AUDUSD still in the corrective structure.

FX:AUDUSD   Australian Dollar/U.S. Dollar
16821 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: 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
Thanks Anil
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you are welcome
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thanks!
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anilmangal PRO izak.oliver
Thank you
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Thank You Sir. We wait the wave 3...
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yes always wait for confirmation
+1 Reply
thank so much
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anilmangal PRO KhunHunSein
You are welcome
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The area I was looking at for a sell Anil,
Is 7676, although not sure if I'll take the trade if and when it makes this high.
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I use structure and waves so it doesn't matter to me at what price I get the setup as long as it's a valid setup .
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Cazzie anilmangal
I too try to use structure, although I know I could do better.
I am Improving Anil :)
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thanks
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Thank you
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Thanks for the tips Anil.. And enjoy your vacation!
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Thanks , jet-lagged up since 2am NY .
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KelvinSs anilmangal
do you think it may drop to 0.75 today?
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shall we start now or wait for a confirmation from your side?
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Hi... when you have a time can you look at gbp/jpy ? now it`s making some interesting things..
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Many thanks for your updating chart, anil. Always happy to read your chart, great work!
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Thank you this is so educational we learn a lot from you
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AUDUSD Short Sell


I agree with waiting for further confirmation, Thank you Anil
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0,76268 je minimálna hranica, ktorú pár prekoná. Potom neviem, ale krátkodobo pôjde AUD/USD hore nad urenú hranicu 0,76268 !
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very nice
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Thanks, I like the explanations. I feel like more traders on here should give advice along side graphs like this.
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i watched your past analysis..when you said it goes up it went down,when down it went sideways.Doesnt work for me.Its magic in a negative way
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Hello, Im a new trader, just trying understand your chart, so if get you correctly your saying that its going to go higher, then drop?
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Thank you
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so, is it okay to sell audusd now? o.O/
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You're not back from your jollies already are you Anil?
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when the confirmation come?
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Thanks for updating chart, anil. That is great!
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mr anil, can you please update the eurnzd? we are waiting the up move thank you
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What's the target,?
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Thanks for the lower time frame forecasts Anil. Any thoughts on the Nikkei. Do u reckon its due a pullback on the hourly??
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Anil I hope you had a good holiday. I have the same idea as your last update, a lot of confluence in the PRZ and big area of resistance on the 240.
AUDUSD confluence will influence
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Greaaaatt chart. TNTsunrise plotted something similar. But we are at the peak of his correction, while you seem to think it will still go higher then reverse back from there. The market will decide. I on the other hand.... plotted for both scenarios. So thank you both!
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Love the detail notes!!!!! :D
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If cant break that resistance can we short it right? .. thanks
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Correct...patience is a virtue...!!!......Who knows how high this can go?? Trendline has justy held so likely triple top or higher....I agree, short once the chart has proven the direction....great analysis....
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anil sir how r u doing today, sir audusd going sort ?
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I am so noob, I looked at the 1hr chart,, saw it was consolidating after impulse down and figured i'll short then. . . surely it will impulse down again because IT BROKE THE TREND LINE!, I stopped out. . thank you Anil, it's like you knew exactly what i was doing wrong..
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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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Many thanks for updates,sir!
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Good lesson learnt from me here..shorted the top, not in loss. Thanks anil! appreicate your words (:
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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!
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Hi ,Anil, if it breaks 0.783 ,we revers?
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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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Thanks Anil.
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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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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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