FX:AUDUSD   Australian Dollar/U.S. Dollar
15714 104 296
AUDUSD             is almost at the weekly down trend , I will be watching the structure on lower time frame for turning or continuation patterns. Personally I believe we will see one more down impulse.

I will be post trade setup on lower time frame, if you want instant notification, please follow me.
Trade with care.
Thanks for your support.
Comment: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Comment: FREE webinar today (4/14/2016) 9 am NY time .
Link : https://join.me/WebinarforTV
Share and invite friends.
we will look at BIG moves to come next week and Q&A
Comment: Webinar starts in 30 mins , room will be open in 20 mins
Comment: Recording of today's webinar
https://www.youtube.com/watch?v=PWydyeYjgwo
Comment: To all my followers , friends , colleague and fellow traders: I truly respect all views but please keep it simple , post your view, make your comment (disagree or agree) and leave it at that! Don't spam the comments with multiply charts and endless comments!
Comment: OK Guys it is now broken the up trend so let's see how far this goes!!

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YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Training : add to skype mangal457
aye aye sir
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nice one!Thx!
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on lower time frame it seems up :)
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anilmangal PRO puretradelife
yes as seen in the chart some more up is still in play.
+2 Reply
as it shows by your ghost candles, some move up still in play
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Thanx for the chart. Please post the trade whenever you can. Is there any webinar coming?
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anilmangal PRO sidhgenius
Maybe tomorrow I can do one. I will confirm it later. If I do it will 9 am NY as usual.
+3 Reply
sidhgenius anilmangal
Thanx for ur reply. Where you going to post the link for the webinar?
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anilmangal PRO sidhgenius
Here.
+1 Reply
abbasial anilmangal
Very Great, Thank you
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Nice setup. Thanks
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Yes Anil, one more down to .7385 on Daily then move up to
.7975 to tag the .382, then down move will continue.
+1 Reply
Interesting , please share a chart.
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And this also looks like a retest of a monthly trend line:
AUDUSD - Short Breakout & Retest
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Thanks Anil...once the lower time frame set up is defined, let's try to hold on to the down move f o r e v e r !!! lol lol
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Adriese PRO ananora23
YES! LOL
+1 Reply
Yes!
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Good Analysis, thank you.
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Thanks Anil, learning wave structures allright....... As always, very insightful. Lets take those down pips from the market
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audusd may reach 0.8150 this month end
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RamaDeda vaithi2praba
LOL
+2 Reply
i'm catching a live webinar,a dream become true
Thank you Anil
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Good analysis. I got in too early on an AUDUSD short last night. The trend breakout I was seeing was much less established than my normal strategy would dictate I should trade but I did it anyway. Lesson learned. I'll continue to monitor and watch for this structure to form which is more in line with my strategy's rules.
+1 Reply
Will this be available to view later? I am at work and cannot join now. :(
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Hi Anil, my friend. Nice work on the webinars as usual.

I hold a slightly different view, but it will test a huge resistance next...let's see how it goes.

AUDUSD: Strong uptrend
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anilmangal PRO IvanLabrie
Thank for sharing Ivan
+2 Reply
Will the video from webinar be available on your YouTube page? Thanks
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will upload later
+2 Reply
thx sir
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Thanks a lot, Anil for the webinar. Going for the recording now
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We believe its ok to share our opinion on the pair and probably all of us profit from the trade setups. Can we go on...?
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EWChartist EWChartist
We will take a closer view of AUD/USD within what we see as the Major wave 3 which is still developing but not yet over.
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EWChartist EWChartist
Ok lets go....
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EWChartist EWChartist
If so then lets doo a fibonacci retracement to find the ratios that we would expect price to travel correcting this Major Wave 3
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EWChartist EWChartist
lets get the extension of that move to see where price will likely travel to complete the five wave count and from there we would expect a correction of this whole move.
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anilmangal PRO EWChartist
Thanks for sharing , but I am not counting this structure an a 5 wave.
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anilmangal PRO EWChartist
You are very welcome to share your views , please do so in ONE CHART.! Thank you.
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EWChartist anilmangal
Sorry for exceeding my limit of charts. You are welcome...
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anilmangal PRO EWChartist
Not my rule, it's the House Rule on chart spamming.
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EWChartist anilmangal
House rules say "SAME CHART" fortunately the charts aint same. Anyway Happy Pipping
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EWChartist EWChartist
We are simply practicing The WAVE THEORY as presented to us by Sir Elliott and following the RULES.
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anilmangal PRO EWChartist
not the same chart?? Well well ...
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EWChartist anilmangal
They have a system that automatically stops you from posting once it detects that the charts are the same "spamming". In our case nothing happened.
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anilmangal PRO EWChartist
check your wave 1 it have 3 wave in it .
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EWChartist anilmangal
You want us to go into details???? This is a weekly chart. Those are the first steps to take when examining the waves. Every wave is subject to examination...
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anilmangal PRO EWChartist
LOL no we are not going to do that , you are not ready for such discussion as yet, I am showing you basic MISTAKE!!
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anilmangal PRO anilmangal
This is your wave one
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EWChartist anilmangal
if one wave is extended there is a possibility that two of the three waves will be equal right???? I will use fibonacci ratios to prove that at a lower TF. There no mistakes there my brother....
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EWChartist EWChartist
Dont squeeze the charts coz you wont be able to see the moves clearly. Every move will seem like a correction to you!
+1 Reply
Vostiothenjo EWChartist
Lol
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anilmangal PRO EWChartist
Please ..... look at your wave 1 , you got a lot to learn. It is sad when some people spoil such good theory!
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EWChartist anilmangal
Goodness got alot to learn??? Please lets not go there...
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Vostiothenjo EWChartist
@ EWChartist no need to man we respect both of you. Nice setup on Aussi thanks...
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anilmangal PRO EWChartist
A 3 wave structure is not a motive wave , basic stuff. I posted the chart for you ,just in case you missed it .
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EWChartist anilmangal
A motive wave has 5 sub-waves within it.3 impulse waves and two corrections Simple basic stuff. And if by any means one of the impulse waves is extended we can deduce that the other two will have a high chance of being equal. Applause to you for seeing the three waves. Good job we have been seeing this for years gone...
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EWChartist EWChartist
And even a corrective structure has impulse and corrective sub-waves within it. Trying to differ on the same stuff lol... this is interesting
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anilmangal PRO EWChartist
LOL knock it off , you have no idea what you are doing! just putting numbers and letters or even calling yourself an Elliot waver don't make you one. It for such reasons most traders say the theory don't work , too many bogus people assume they know it . I looked at the charts you post and again sorry you have no idea what EW is.
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EWChartist anilmangal
What you are practicing is by no means EW maybe some other thing. No need to reinvent the wheel man. Don't call what your doing EW and we have to point it out. If I go through your charts which I dont have time to go into details and neither do I have the effort, its some other strategy you are calling EW and Elliott wont be more shocked to see all that. Anyway thanks for your efforts and we aint fighting just spreading the gospel of Wave theory.
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anilmangal PRO EWChartist
So why the hell you are trolling my charts? if you are the specialist? See my point?
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EWChartist anilmangal
Dont call this trolling coz from our point of view it aint. You may think it is.
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anilmangal PRO EWChartist
Again there is a clear definition for what is trolling , it has nothing to do with 'YOUR POINT OF VIEW" so please like in EW your are just sharing your point of view which has nothing to do with what is EW.
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EWChartist anilmangal
Price can never respect lines we draw on a chart but again waves move in respect to ratios 100% 161.8% all that but am not saying you stop using them thats your way of doing it and I respect your way. The numbers and letters we use to name the waves dont mean much more than than the lines you put on ur charts. Its a way of predicting the next move and taking a good trade
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EWChartist anilmangal
I appreciate ur efforts
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anilmangal PRO EWChartist
All i asked you to do is post one chart!
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EWChartist anilmangal
You don't have time for this... We are also never afraid of being corrected
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EWChartist EWChartist
I can see a million people viewing your profile thats why you dont have time for this. At least let me respect that effort you made to get those millions of people to believe what you are practicing is "Elliots" wave theory probably "Your own Wave Theory". I would be comfortable if you used any other word but not what we have been familiar with for years gone.
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EdW EWChartist
Before going into discussion with a toptrader, make sure you know what you're talking about. I checked the charts you published and most of them failed. What a joke!
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Lets not check the charts it would be humiliating to everyone. Some would have bigger scars at the end of it all....
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EWChartist EWChartist
Being a top trader is not defined by the number of views you have here. There Excellent traders who dont even know what Trading View Stocktwits and likes mean.
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bharatest EWChartist
people are making money from his ideas, I also have made substantial amount of money by just following his ideas on trading view and loose some of it but overall lots of profit. Sir Elliot was not only theorist, after and before him lots of people have done big research on it and I believe Anil is one of them, he is "wave theorist" not "elliot wave theorist" Anil's research is on going.....
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SUNJUPMER EWChartist
Dear Brother, shall we end it here please? you know too well our world is not determined by strict lines and numbers ;) Appreciate your time though.
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EWChartist SUNJUPMER
Yep we should. Lets get back to the charts.... Regards to you too
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SUNJUPMER EWChartist
Have a blessed and prosperous trading week ahead brother :)
+1 Reply
bharatest EWChartist
people are making money from his ideas, I also have also made substantial amount of money by just following his ideas on trading view and loose some of it but overall lots of profit. Sir Elliot was not only theorist, after and before him lots of people have done big research on it and I believe Anil is one of them, he is "wave theorist" not "elliot wave theorist" Anil's research is on going.....
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EWChartist EWChartist
The argument is over I suppose. Ok since I had little time on my hands, I decided that we should closely examine the 1st wave. Elliott Wave Theory supports itself and is a science of market behavior which when applied its predictive nature can give you a tremendous EDGE in the markets.It is possible to do wavecounts on a 1min chart and predict price movement. Ok here we go... NB this is for learning purposes and am not trying to win any argument here IMHO
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anilmangal PRO EWChartist
The problem is not EW , it is your understanding of it or is should say the LACK of such. What you label there is your imagination and that has nothing to do with Wave structure or EW . So stop spreading your ignorance.
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anilmangal PRO anilmangal
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anilmangal PRO anilmangal
**3 waves
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EWChartist anilmangal
Lol this is really interesting for sure. If you say there are three waves there and that is what you see, The Theory states that a "motive" wave has 5 sub-waves within it. just pick one of those motive waves and show us the 5 sub-waves within. I wont go into ratio analysis coz probably that would be too advanced for you. If you cant do this then we dont need to talk about this any longer. This is novice stuff. And as I said before I will do it for "FREE" but probably you are too "Puffed up" to accept my offer
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anilmangal PRO EWChartist
Here is what you do for everyone on this site , post some good chart with trade setup that works !!
+1 Reply
EWChartist anilmangal
Nice absolutely will. That is what we do for a living...
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EWChartist anilmangal
You are really messed up for real. You failed to understand EW thats why you come up with your own wave theory and try to teach and mislead a million people. If you understood EW well and it worked for you then you wouldn't have invented all this mixed up wave stuff "YOUR THEORY" and you would be doing it the "RIGHT WAY" at least the way it should be done. If you charge people for teaching them this stuff then am so sorry if this is the way you make ur money. Our mentors with over 40 years experience in EW and trading for hedge funds understood it well enough and they didn't try to reinvent the wheel. I can see that you have never understood EW. I will teach you this science for free...
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anilmangal PRO EWChartist
LOL 'hedge funds" and "BANKS" and you are here trolling my charts! Do you even understand how silly that worn out hype sound?
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EWChartist anilmangal
Lol "HYPE" goodness. Ok I respect your efforts and keep up the good work Sir...
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11.392.1433 anilmangal
well said Anil ....people's comments on your page are rather comical
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tiosa1 anilmangal
SIR, the guy take your time.... make it in your favor this time -)) dont spend on bad things... even understandable... read your last video in the road to Shanghai ! great stuff ! if you can make an webinar about Fibs will be great. best regards
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bharatest EWChartist
stop doing marketing on anil's chart
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Anil Mangal Rules on waves are much defined ones
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bharatest puretradelife
ya
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Totally agree that the down trend is imminent on this pair Anil.
I still feel it will tag the .382 on the way down at around .7385 / .7355
then rally back towards the .127 before the big drop occurs.
I am short on the daily, so I'll be watching it.
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thanks for the trades
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Dear Anil teacher, should it be shorting by now?
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Man, what was that discussion?
I feel ashamed for EWChartist and myself for laughing at your misery in dealing with trolls and wannabe like him, Anil.
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Marvin InsideMarket
What? Haha. Have another look at the discussion mate!
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I expect the dollar to be weakening from this point on, so I expect new highs but I am short in the short-term, too many RSI divergences
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MY 2 CENTS
AUD SELL
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cheers
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Could you please tell me how either of the sides of the 'channel' are valid? The market has acknowledged these lines only twice which doesn't make them valid. I can't understand how you have as many followers as you do but you are not helping anyone by posting this.
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0.6350 is a done deal here!!! Just some time required for this baby to go down..
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Thanks anil.
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Thanks
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AU


My thoughts on the pair
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I'll just post my thoughts from the other day, complete agreement for the big move south!

Awaiting for a great trade

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Adriese PRO EvanJones
I plan on riding the Aussie down thanks Anil:)
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