anilmangal
Long

EURUSD looks like the C wave up has started.

FX:EURUSD   Euro Fx/U.S. Dollar
10024 21 157
a year ago
EURUSD             broke out of the consolidation without making a lower low as I was expected on the lower time frame .
Now that it has broken i will be looking to buy any lower degree corrective structure.

Trade with care.

Thank you for your support.
a year ago
Comment: The DXY is supporting this.
snapshot
a year ago
Comment: https://www.tradingview.com/chart/5yX0U4hG/
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Training : add to skype mangal457
Do you think can rise up to 1.2? then drop to parity?
Reply
it looks much choppy
+2 Reply
DamonDavies
a year ago
Is it likely to top at any point? This is worst day for the US dollar for while!!
+2 Reply
anilmangal TOP DamonDavies
a year ago
As you can see , there is more to go ! But I am expecting some consolidation before it continues.
+4 Reply
I may be wrong, but Mario Draghi will help Euro to recover from today's boost. The original traiding idea may still be useful
Reply
SergeiKupriyanov captain_smollett
a year ago
Dollar drop, not evro
+1 Reply
SergeiKupriyanov SergeiKupriyanov
a year ago
*euro
+1 Reply
Adriese PRO SergeiKupriyanov
a year ago
Moving on up until Draghi speaks?
+1 Reply
captain_smollett PRO SergeiKupriyanov
a year ago
I tried to say that, in my opinion, Draghi will slash the interest rate tomorrow. If USD drops and EUR rises, this will kill EU exporters. Means Germany, the only stable economy in the EU nowadays (UK apart). So, if Germany weakens, the UK may vote "Yes" to the Brexit. If this happens, not sure if EU itself may surivive... Draghi and his gang can simply not afford this risk, so they will just follow the trend :)
Reply
captain_smollett PRO captain_smollett
a year ago
My bad! For some reason I thought the monetary policy meeting is tomorrow. It´s in March... My apologies! EUR can still live for some time...
Reply
LukaszJemiol
a year ago
Anil but during friday webinar you were expected a down move with a stop loss above the highest point over 1.11. And now you claim that before you were anticipate uu move, so if you traded a short position, you had to take lose.
+1 Reply
anilmangal TOP LukaszJemiol
a year ago
"IF" i traded a short but i didn't because there was no short setup. The short was to retest the low before it goes up . In this case they didn't do that , it just went up.
+4 Reply
IvanLabrie PRO
a year ago
Agreed Anil, short term buy here though. (My view)
We'll know soon enough.
Reply
SergeiKupriyanov IvanLabrie
a year ago
IvanLabrie, Think can see the 1.04 this year
Reply
SergeiKupriyanov SergeiKupriyanov
a year ago
?
Reply
IvanLabrie PRO SergeiKupriyanov
a year ago
Sub parity after this rally is done.
Reply
bronek536 PRO
a year ago
Thanks great charts :)
Reply
Thet
a year ago
Hope to go 1.15
Reply
DamonDavies Thet
a year ago
Still going, do you anticipate it to top out at some point?
Reply
immortal9 DamonDavies
a year ago
Seems 1.1350-1.1400 selling pressure may initiate
Reply
tommy333
a year ago
Hi Anilmangal

Can we buy now or little lower? THANK YOU
Reply
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