anilmangal
Long

EURCAD AMAZING WAVE STRUCTURE !!

FX:EURCAD   Euro Fx/Canadian Dollar
6810 36 197
9 months ago
So no one can forecast the charts? OK, keep beveling that it's not possible or learn to do it, use the amazing tool that has a high percentage accuracy .
Click on the chart pinned , and you will see how it works.
Trade with care
Thank you for your support.
9 months ago
Comment: As promise I am posting the updates
snapshot
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PooyaSalehipour
9 months ago
hi anil. thanks for great chart. i think it depend on mario speak in ECB Press and Minimum Bid Rate for eur
+1 Reply
waterman
9 months ago
Thanks AnilMangal !!
+1 Reply
panchusmith
9 months ago
Thanks anil.
+1 Reply
NHTG PRO
9 months ago
Amazing opportunity, thank you. Break or bounce, hopefully we can take the trade all the way!
+1 Reply
JalRad NHTG
9 months ago
yeah alllll the way
+1 Reply
anexas PRO
9 months ago
Thank you Anil.
+1 Reply
tom_mok
9 months ago
ah.....i missed this one
+1 Reply
ananora23 PRO
9 months ago
awesomeness!!! Thanks!!!
+1 Reply
Gorbie
9 months ago
Bounce. Definitely.
+1 Reply
chiara.spiro
9 months ago
Thanks anil!!
+1 Reply
leharman PRO
9 months ago
What a setup.. thanks Anil!!
+1 Reply
Irawan
9 months ago
Amazing !!
+1 Reply
NHTG PRO
9 months ago
very nice, thanks for the update.
+1 Reply
exawibawa
9 months ago
how can it be eurusd...euro inflation data and positif data in USD, but the result is big bullish?
thanks all for ur post anil,,i learn lot of thing from u.
+1 Reply
sacamafra
9 months ago
Thank you very much for the update!
+1 Reply
Csys
9 months ago
 
+1 Reply
jonatsgonats
9 months ago
This now depends on equities.. long as DAX and SPX grinds higher, very tough for Euro... unless Oil plunges. Overall I have same view but remain skeptical (USDCAD, GBPCAD, CADJPY -> not helping the cause)
+1 Reply
radraziel
9 months ago
Can you please post an update?
+1 Reply
dasnakepit
9 months ago
nice analysis. been watching for the same thing. just got in on the triangle break to the upside
+1 Reply
radraziel dasnakepit
9 months ago
Can you give us an idea at what price should we enter?
Reply
dasnakepit radraziel
9 months ago
enter now at market and put stop loss below triangle support
Reply
dasnakepit radraziel
9 months ago
enter right now put ur stop at 1.4739
Reply
dasnakepit radraziel
9 months ago
its an 8 pip stop loss... we might get stopped out. if so, we will wait until next week for a short term breakout.
Reply
radraziel dasnakepit
9 months ago
i like your idea, a im in, thanks !!
Reply
dasnakepit radraziel
9 months ago
No problem, but some advice for you: Learn to trade on your own and stop listening to other peoples advice. go look at the top authors on this website and look at their previous posts, then look at whether they were right or not in the past. most of the best traders are wrong more than they are right, so your just getting lucky if you follow our advice when were right. You will blow multiple accounts if you do this and prolong your learning. You need to start by trading long term and risking very little while you learn. By doing this you will make small profits, but you will learn patience and discipline, which you will find is the most important aspect of trading. If you want to learn to trade shorter term, practice on demo while your live account has your long term positions. it takes years to be consistently profitable, so you are going to have to decide whether you want to jump in and risk losing all your money, or slowly grow your account so by the time you learn to make consistent profits, you will have a lot more money to trade with. I say this from experience, most of us experience the same thing. I have been learning for about 4 years and still make rookie mistakes, Ive blown like 4 accounts, and when i started i was looking for someone online who i can follow. which was a big mistake. dont waste your money on and chat rooms, forex signals, etc. instead just learn technicals and understand at least the most important fundamentals. the simplest approaches are the best ones, and stay away from all indicators. All you should be focusing on is price action and support/resistance. minimize your charts as much as you can to draw trendlines and horizontal structure lines. Also the only times you should enter trades are either during london or US sessions. (11pm- about 9am pacific time). Never enter a trade right before the weekend. lol even though i just did and told you too. Like i said, I still do some things that i know i shouldnt, however it was a very good risk/reward entry. Good luck
+2 Reply
radraziel dasnakepit
9 months ago
Thank you very much for your advice, and have already experienced great losses, I'm learning and every day I read and learn about resistance and supports as identify how to understand the changes, at first I was lucky I could double the amount invested but soon lost profit and investment , I lost everything, this is a market of great risks but the first lesson I learned was to not risk everything in one shot (which of course I did at first) and learn not want to double or triple the investment in just a couple of days, a serious error is to leverage very high, I really appreciate the advice and hope to learn, certainly make mistakes but also hope to make hits, all tips are always appreciated and valued, I enter the market 6 months ago, and it is true a tool that almost have not used is the demo, I think I have to focus more to learn, I am really confident that I can become a good investor, thank you very much for your advice, I really appreciate it.
Reply
anilmangal TOP radraziel
9 months ago
The chart is a collection of data and as such there is NO SUPPORT OR RESISTANCE in it , if you don't know this basic principle you will definitely make tons of loosing trades! I have challenge anyone to show me a winning account using S&R well no one could !
+1 Reply
Bob_B_Northman dasnakepit
9 months ago
excellent advice !
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Bob_B_Northman dasnakepit
9 months ago
normally i made big loss when i followed top traders here... i only made money when i trade my own setup and analysis
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GoodLuckbabe radraziel
9 months ago
wait for oversold conditions on EURCAD when this will happen then you will see breakout out of correction at the moment correction is underway and pair is not oversold conditions
Reply
GoodLuckbabe GoodLuckbabe
9 months ago
snapshot
hope this will help
Reply
Here's an example of why technical analysis is fallible.The example is on Gold.However as a trader we have to to understand what is behind the moves on the chart.And yes,you have to be careful with fundamentals as well.Like I said before,we are in markets that have and are being totally manipulated.Don't believe me though,listen to the former head of the Dallas Fed.If that's not enough,Central Banks have been intervening in free markets for quite some time.So,what does it mean?It means that it is very difficult to establish " true price discovery and true value" because we are no longer in free,democratic markets.Manipulation is rampant.When you have for example both The United States Treasury Department and The U.S. Federal Reserve coordinating their massive trading desks with unlimited margin,then beware and be careful.Understanding Central planning is something to keep in mind and very important.
http://www.zerohedge.com/news/2016-03-12/gold-only-sound-money
Reply
anilmangal TOP RobertHerdman
9 months ago
@RobertHerdman , one word "postmortem" and that is the problem for all fundamental traders. They know why , when they have already lost their account. Check my gold analysis and you will learn something. Basic technical analysis is NO GOOD. I don't use then , no MA's, no S&R, no Pin bars, NO BS!!! it's all about reading the charts, understanding the way the markets behaves (because everything, be it new, manipulation or any other factor it is all built in the chart.)
+3 Reply
Miz
8 months ago
Possible update on this pair please Anil? USD/CAD broke below so will this follow?
Reply
Mutant2015
8 months ago
That's brilliant!
+1 Reply
anilmangal TOP Mutant2015
8 months ago
Thanks
Reply
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