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anilmangal
Mar 1, 2016 6:17 PM

EURJPY Big move up! Long

Euro Fx/Japanese YenFXCM

Description

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.

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"You know you are doing something amazing when you have a coupe trolls on your post"

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**couple**

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Hi Guys this is a 60 min update, if it goes down i am not interested in the sell.

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Looks like it is consolidating

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So you still don't think that wave structure helps to forecast the charts? You are selling the interest rate cut? Ok ....

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Buy set up!

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buy setup

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wait for the breakout

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60 min update

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There was a new chart posted on this idea, if you missed it .

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Comments
misstrader91
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!
Arkateyah
Congrats, misstrader91... I'm also watching his videos on Youtube and i found it very interesting and informative.
Jeffrey_Sucipto
THE POWER OF WAVE ANALYSIS
anilmangal
Yes, it is even a rate cut can't stop the waves!!
Miz
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
Miz
Also Anil what is your website?
AntimMarko
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 :)
JTFX1
Hi Anil, I noticed this channel which may cause a rejection, hope it helps
tf_forex
Yeah, being on the daily that line is significant to watch here...
ChrisChristy
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! :)
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