anilmangal
Long

EURJPY Big move up!

FX:EURJPY   Euro Fx/Japanese Yen
37752 224 493
The EURJPY             is in a C wave of the daily corrective structure. It seems like the C wave is completed so buying the break out is a good idea. I would wait for a lower degree correction before I buy.

Trade with care
Thank you for your support.
Comment: "You know you are doing something amazing when you have a coupe trolls on your post"
Comment: **couple**
Comment: Hi Guys this is a 60 min update, if it goes down i am not interested in the sell.
snapshot
Comment: Looks like it is consolidating
snapshot
Comment: So you still don't think that wave structure helps to forecast the charts? You are selling the interest rate cut? Ok ....
Comment: Buy set up!
snapshot
Comment:
snapshot
Comment: buy setup
snapshot
Comment: wait for the breakout
snapshot
Comment: 60 min update
snapshot
Comment: Hello Traders, to celebrate my one year with Tradingview (26-03) I would be doing a week of FREE WEBINARS. Next week Mon.-Fri (28-1st) 9 am NY time . The link ; https://join.me/oneYEARonTV
Comment: REMINDER : Webinar today 9 am NY time (in 3 hours) https://join.me/oneYEARonTV
Comment: Hi Guys, reminder that today is the final FREE WEBINAR FOR THE WEEK. I am very thankful for the support you guys are giving . I am hoping to see all of you today for a great session. I will be doing All the USD pairs since the webinar starts just after NFP!! . We will look at long term trend setup and as usual we will have a Q&A at the end.
Share the link and invite a friend!

https://join.me/oneYEARonTV
Comment: Yesterday's webinar ; https://recordings.join.me/leiEIuO84ESdgNZ4YJrJTg
Comment: Wednesday's webinar ; https://recordings.join.me/8ZhW8DJnRECEl6eX79mvdw
Comment: Tuesday's webinar ; https://recordings.join.me/hHQV6FP6QESQMPYRbBUqgg
Comment: Monday's webinar : https://recordings.join.me/SotV3uyboEqhqbwoXQimxQ
Comment: Hello Traders , there is someone offering some of my training videos for sale at a lower price, so I am sending a warning to all , if you bought it from him you should know that 1) we have his IBAN number , we have his Paypal account and we have a lot of evidence of him trying to sell it to a number of people. All this evidence will be given to the police in his country to to file a case of ' theft of intellectual property" . 2) The videos themselves will not help you since it is the training which makes the difference so you have just wasted you money. 3) when the police get him your name will be in the list of people who bought stolen property .
Comment: There was a new chart posted on this idea, if you missed it .
https://www.tradingview.com/chart/EURJPY/dOs9nWjF-EURJPY-looking-down-side/#tc326478
Comment: Recording of FREE webinar 25/04/16 : https://www.youtube.com/watch?v=kcMac_fQUso

Please share it , you might help a trader who is struggling. I have had traders who say to me they wish they had seen my webinars before they paid 10K for a course that's not helping them or paying 100 EURS monthly for signals that's not helping.
Comment:
snapshot
Comment:
snapshot
Comment:
snapshot
Comment: Join me Monday (05/02/17) 9am NY time for a SPECIAL FREE WEBINAR!
I will explain what is wave analysis, how it works, and how it will give you an advantage in your trading regardless of what strategy you use. I will look at some major trends that are coming soon and how you can trade it . You will have 30 mins for Questions so join in live!

Link: https://join.me/FREEwaveWEBINAR

Share the link, date and time.
Comment: A MUST WATCH VIDEO !

https://www.youtube.com/watch?v=gGLb29x8e20
Comment: Please register for Weekly outlook on Jun 3, 2016 9:00 AM EDT at:

https://attendee.gotowebinar.com/register/7800757197641489153

An in depth look at all the Yen pairs.
Q&A

After registering, you will receive a confirmation email containing information about joining the webinar.

Brought to you by GoToWebinar®
Webinars Made Easy®
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
Definitely want this one, Anil!

+3 Reply
Yes let's not miss it.
+3 Reply
Thanks Anil!
+1 Reply
anilmangal PRO AlexandreBabineau
Let's see if it breaks.
+4 Reply
what would be ideal entry price?
+1 Reply
I wait for break great trade if breaks.
+1 Reply
anilmangal PRO maverick23
yes this will be my third attempt for the huge break out , twice I gave up a lot of pips for BE so i am hoping this one breaks out of the structure!
+4 Reply
maverick23 anilmangal
yes last two weeks not lot of good trades for me. time to make some big pips and grow our accounts.
+1 Reply
tf_forex PRO anilmangal
Happened to me last night, I entered on the first break up and was a good amount in profit, but then ended up at break-even on the drop back. Thanks for the idea here!
Reply
So you are waiting for a correction before buying?
Reply
maverick23 chrisvos
yes correct.
Reply
Dont wait correction?
Reply
expanding down
+2 Reply
Good work. This is the kind of .. "double your account" trade ! Will keep on eye on it.
+1 Reply
there's divergence on the macd,too. like it
+1 Reply
I want in :)
+1 Reply
ok i a open buy
Reply
Great analysis...wave power!
+1 Reply
Thanks
+3 Reply
we will buy now or waiting correction ?
Reply
Capra shmoh88
That is for you to decide, along with your MM
Reply
shmoh88 Capra
ok thank u
+2 Reply
I will wait for the break and a lower degree correction
+5 Reply
This is a great one. Bought the first impulse as a breakout of the corrective structure. Thanks to Anil! Already over 100 Pips ahead.
+1 Reply
Looks like a lot of the JPY pairs are commencing their moves up. AUDJPY is still consolidating. Would be interesting to see if CADJPY which already seems to have started its 1st wave is a real move up. On its (CADJPY's that is) monthly chart, the recent 1-2-3-4-5 has corrected by it's A-B-C with a juge high volume Squat bar 2 months ago. Also Anil, seems like the GBP pairs have had enough of their down move. The GBPUSD is near its monthly historical low of 1.3502.
+2 Reply
COMPLETING ABC MOVE ON BIGGER STRUCTURE
last look
+1 Reply
GoodLuckbabe GoodLuckbabe
WE ARE STILL IN THE STRUCTURE
update look
+1 Reply
GoodLuckbabe GoodLuckbabe
snapshot
new look
+2 Reply
GoodLuckbabe GoodLuckbabe
glad to see your new idea and thank you very much for sharing
Reply
anilmangal PRO GoodLuckbabe
please try to post only one chart showing the present setup, there is a house rule asking not to engage in chart spamming.
+8 Reply
GoodLuckbabe anilmangal
i am sorry for that next time i will keep in mind thanks for letting me know
+3 Reply
Looks like we had a break above, but candle dropped back. Will wait for a candle close above trendline.
+1 Reply
Anil, have you entered the trade yet?
Reply
Big moves today, Thanks Anil
+1 Reply
Now breakout, still watching waiting for correction. Thanks for your chart :)
+1 Reply
Miz osforex
same, awaiting minor correction before entering
+1 Reply
Looks good.
+1 Reply
The JPY news in an hour will get this moving one way or the other...
+1 Reply
Miz tf_forex
im in the long now, lets see what happens
+1 Reply
Thinking I'll wait for a break above the 124.08 area, before entering long.
+1 Reply
Pending order at 124.08 opened earlier, riding in profit now
+1 Reply
I had closed this out at just above break-even, gave up some profit off that earlier break above, but didn't lose any by closing at break-even. I'll look to re-enter when appropriate. Thanks for the idea Anil!
+1 Reply
Looks really good. Thanks!!
+1 Reply
Whats you opinion on this at this point? 123.65
+1 Reply
If closed above this then enter a long
+1 Reply
great, it's breaking
+1 Reply
yum yum
+1 Reply
waiting for correction
Reply
tanyuheng96 shafiqaqmal
i thought the correction have already taken place?
Reply
clawrine tanyuheng96
I also thought that, but we need to remember that a breakout of this degree requires a larger correction first. So instead of a small single correction, it may more likely be something like an abc/abcde correction.
I forgot this and entered the trade way too early, stopped out because of it.
+1 Reply
Hi guys - seems to have broken :-) are we in a trade ?
Reply
shahrose.ayankhan TheBankTrader
I m in trade
+1 Reply
well i am in... thanks Anil. Nice one again.... this time i am focussing on not jumping out to early :-)
+1 Reply
ieducswesps frankvanderveen
:)))))))))
+1 Reply
Hi, where should i put my tp at ?
Reply
near to upper trendline, If breaks the upper then it will go more higher
Reply
Omg look likes is going down
Reply
ieducswesps FeliciaKho
Omg look like is still going down
Reply
ChrisChristy FeliciaKho
And now? xD
Reply
not looking great :/
Reply
ieducswesps OldAccount1
Not great at all....
Reply
for all of you who are about to comment "going the wrong way!" you people are funny. Anil commented himself "I will wait for the break and a lower degree correction" watch his videos on youtube guys, you'll learn so much if youre confused.
Anil, my words to you is I cant thank you enough. I made this account just now to tell you that my trading skills have improved greatly since i've found you. I appreciate everything you post. ill be starting with a 2k account in may, been practicing for a year and feel VERY confident because of you. YOU will be the man to thank when I have nice things later on. :) cheers to you!
+5 Reply
Arkateyah misstrader91
Congrats, misstrader91... I'm also watching his videos on Youtube and i found it very interesting and informative.
+1 Reply
If closes under the trendline then it will be a fake breakout, better to wait for the closing, Maybe its a correction move, Anil bro what do u say about this ?
Reply
sketchmaster PRO shahrose.ayankhan
My guess is, he is going to say: there are no "fake breakouts". The price was there. But that´s just me guessing :)
Reply
shahrose.ayankhan sketchmaster
Hope so its not fake :)
Reply
Thanks for your analysis. Even though I would have waited until the candle of today closes before suggesting to buy
Reply
ANIL????
Why do you ignore comments when a trade is going against you
face your losses and explain to is what happend
+2 Reply
Zohaib_Malik OldAccount1
its not gone against yet, He said he will buy after the lower degree correction so u have to wait for the confirmation of breakout if u long during the correction then its your fault. The market is not moving by Anil analysis or he is not a market mover! Be patience and peace!
Cheers!
+1 Reply
Miz OldAccount1
It's people like you who are ignorant and ungrateful when it comes to trading. READ the description properly and you would see that you don't just wait for a breakout, you also look for the consolidation. Anil is doing us all a favour (and an extremely great job at it) by providing us with analysis which has made people thousands of pips. rather than posting negative comments due to your ignorance and lack of analysis, how about you go and educate yourself on how to analyse charts and different entry strategies? Don't like his analysis, or it goes against you, then don't follow his analysis. Simple. Thank you Anil for your continued support and analysis!
+7 Reply
Comment removed
tf_forex PRO ieducswesps
Never go "All In" with your money on any trade no matter how good it looks. May as well go to the casino if that's your style... #gambling
Reply
ieducswesps tf_forex
I heard that before,but never paying attention to it to much,but the wheel is turning back i guess
Reply
ieducswesps tf_forex
Thanks for advice,i will take it seriously
+1 Reply
SwissPips PRO ieducswesps
Hello there, I think you should really not enter into trades as soon as an analysis is published just because there are so many factors to consider. You should rather see each analysis as a help to comfort your own strategy. And never put all your account into one single trade. You should diversify the risk and allocate a % of your account every time you trade (money management). Cheers
Reply
ieducswesps SwissPips
Hello
At this moment i have a strategy that goes along with this one,i learned not to copy paste others,not helpful i know.
And i didnt took such more risk with this trade,as i said above.
I was exagerating a bit.
Thank you for your words
Reply
SwissPips PRO ieducswesps
No worries. I am personally in the trade as well. I am also convinced we are in a bullish trend. Wait and see. Cheers!
Reply
ieducswesps SwissPips
Not from this point where it is now.When im pretty sure it goes up .
Reply
Newbi what is this trade and how would you place it tx
Reply
I think the bulls take the lead....they were down the river drinking water for whats to come.
Reply
Vostiothenjo ieducswesps
Lol
Reply
It will be bullish soon so better is to wait and be patience. Don't blame anyone for any losses. Wait and get reward! Cheers
Reply
You see on the chart those 2 candles that are bigger?since it started to get up
Those big candles have some sort of meaning ?
Reply
Is this a 4hr chart??
Reply
tf_forex PRO NathanJoelCastles
Yes, the 240 you see in the top left, that means 4 hour chart.
Reply
Cheers
+1 Reply
Dunno what you all talking about. He gave us great idea for trade, which, so far, is working quite fine. I am not in the trade yet, as I am still waiting for the correction to develop, but so far - so good. ...and that´s what I meant by "there are no fake breakouts", cos Anil is right in this.
Reply
I'm in. Good luck people!
Reply
it looks nice one
I am waiting to correction too
Reply
This is the art of trading. Waiting for this big moves..! And this type of analysis is created for catching this moves. Absolutely brilliant..!
+1 Reply
mads.staermose Fxprotrader
are you in yet?
Reply
Wow !Thank you
Reply
Equal jumpot.sa
one, two
Reply
anilmangal is good men
you are very good
Reply
ARFXC ARFXC
basically the same setup as you
and also whats with everyone being so negative towards his setup
its a joke to see people bashing him for no good reason
anil posts his setup for you to learn and see the potential in wave analysis not for you to copy and become a signal for you all to trade off

at the end of the day anil dont need to post on here he just does it to help us all and share his idea with the community
Thankyou anil great analysis :)
+2 Reply
My view from November the 18th, and still bearish.
snapshot
Reply
ForexTradeIdeas PRO ForexTradeIdeas
Trade with care folks.
snapshot
Reply
Nice chart Anil , thank you
Reply
anyone can help with a good long entry that coming soon?
Reply
Thank you for all you advice, at what price do you think is a good call enter this for long?
Reply
thanks anil and ignore trolls like what you said and let's hope it will hit your target because if it does everyone here will be making a lot of money
Reply
gonna in not now but after the correction
Reply
where ?
Reply
Thank you Anil. Just goes to show that patience is key.
Reply
keep it up, thank you
Reply
I cannot believe some of these comments, how do these people think theyre going to make decent returns as traders? Keep up the good work Anil, your analyses are always on point! :)
+3 Reply
Will watch for it to fall back to the 124.36 area, if that levels holds, then I will go long from there up to the 125.00 level. If it breaks above there, then I will do the same....watch for it to go up a bit then retrace back to that level(125.00) and if that holds, then we are in for some serious pips to north! :) Thanks again Anil for sharing this idea!
Reply
GBPJPY is leading the pair, have been long as soon as it breaks
Reply
Thanks!! your setup give me more confidence and confirmation on my own EURJPY setup
Reply
GustavoRubi PRO GustavoRubi
EURJPY 700 pips SetUp

Reply
So far so good!
Reply
Thanks Anil for posting this setup, I'm in and up 80 pips already.
Reply
Hi Anil, I noticed this channel which may cause a rejection, hope it helps
snapshot
+3 Reply
Yeah, being on the daily that line is significant to watch here...
Reply
is it too late to enter long now
Reply
Hi Anil, I'm trying to learn Elliot wave and am confused. The above shows the 5 wave down and the ABC wave up. Will it not then do another 5 way down? I am confused. Can you help?
Reply
Hi Anil, never mind the trolls. I am following you for quite some time and I really appreciate the good work you are doing day after day!
Reply
so far so good anil.. thanks for your help.. :)
Reply
Hi Anil. Try not to worry about these people. If you keep mentioning the "trolls" you're just adding fuel to their fire. This is exactly what they want. If you ignore them they'll find someone else to annoy. The vast majority of us here on TV appreciate everything you do. All the best.
+1 Reply
hey Anil, dont care the trolls, they are everywhere :)
+1 Reply
your the best trader i know but you need to calm down and do not get angry by some trolls just ignore them and continue. What r u doing is very great and not a lot of people while do. Thank you again for all the big effort your doing
+1 Reply
Time tested! Great work! Thanks Anil
Reply
LOL very nice comment about trolls cheers Anil
+1 Reply
spot on !
AWESOME ANIL
Reply
Hi @anilmangal can you give us an update on this? whats you vision?
Reply
hi Anil, I have a question here. Hope to learn more from you. When you say buy at "breakout", it is follow hourly chart or 30 minutes chart or 4 hours chart?
Reply
anilmangal PRO Kah Shiuan Chin
Thanks for your interest , but i don't teach on trading view , you can take my 6 weeks training course if you wish to learn my method. I guarantee you will not learn it from my charts posted here.
+2 Reply
okok, thanks for your reply! cheers
Reply
Thanks for the update anil..
+1 Reply
I really dont believe that ..
Reply
Good job :)
+1 Reply
can give us and update?
Reply
tahic radraziel
There was an update few hours ago.
Reply
could we possibly get an update please?
+1 Reply
It seems occuring a double bottom.
+1 Reply
hi anil i really wnt to joinur room but there is a big question for me here! i dont care about trolls or anyone else or all your fights i have a clear question. are u long EJ now? have u opened a long position on EJ its a simple yes or no and no hard feelings. just if ur answer is yes please confirm it by a sanpshot of ur postion and ur name on the account that all
Reply
THE POWER OF WAVE ANALYSIS
+3 Reply
anilmangal PRO Jeffrey_Sucipto
Yes, it is even a rate cut can't stop the waves!!
+4 Reply
Miz anilmangal
Hopefully we see a break of the channel upwards like your analysis suggests Anil! thank you so much, even if it reaches the top of the channel (Which it should?) it will be very nice profits
+1 Reply
Miz anilmangal
Also Anil what is your website?
Reply
AntimMarko anilmangal
I'm on this since you first posted it 10 days ago. Already booked profit, today bought at the 123.800 spike down and now profit is pretty nice. I'm also long on AUD/JPY and GBP/JPY.

Thanks Anil, and yes: hardly anything can beat the wave :)
Reply
This pair has been very good to me too. :) Good job anil!
+1 Reply
LOL cheers
+1 Reply
Awesome Anil!! thanks for sharing your trading ideas! :)
+1 Reply
Your the man Anil!
Reply
You last comment is funny Anil. I'd labelled the chart as taught by you and was already in a long after a retracement of the first wave up. I knew the news was coming out, but hadn't realised the interest rates were cut until I read your comment! :-) Thank you for your teachings on understanding structure. This is my chart:
snapshot
Reply