anilmangal
Long

EURUSD up trend

FX:EURUSD   Euro Fx/U.S. Dollar
16996 43 245
The EURUSD             is in an up trend., it is making a correction which could be just part of a bigger corrective structure. Buying the break out is still a good idea even if turns out to part of a bigger corrective structure.

Trade with care
Trolls stay out!!
Comment: Hi Guys tomorrow Monday 22 I will be doing a free webinar. We will take a look at the charts for possible trade setup for the coming week.

Time : 8 am New York
Link : https://join.me/FreeWEBINARtv
Share the link and see you there.
Comment: Youtube link : http://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Comment: https://join.me/FreeWEBINARtv starting join in
Comment: Recording of today's free webinar.
http://www.youtube.com/watch?v=IbjcAc69xHk
Comment: The EURUSD did not break to the up side. It has now broken the up trend line so any consolidation under this trend will be a sell set up. I will also be watching for reversals.
snapshot
Comment: An interesting daily view
snapshot
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Training : add to skype mangal457
wait to see if it its DOUBLE BOTTOM
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STRONG LONG AT THIS LEVEL.
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Agree.
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Thank You Anil.
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Thanks Anil.
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nice setup sir, its going to be a slow uptrend
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Nice set-up for the EURUSD.
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Wave 5 is gonna start... slowly...
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Nice set-up
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Been waiting for you to post webinars on youtube for the past two weeks.
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whatistheplan omarikbal
same
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I will try to do one on Monday
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Adriese PRO omarikbal
I hear maybe a webinar soon can't wait either :)
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Thanks Anil. If your right Super Mario will not be happy :)
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GoodLuckbabe FluidicFX
LOL Super Mario already confused on Inflation
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Adriese PRO FluidicFX
lol
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BUYING ON 50% REVERSAL OF ABC MOVE IS GOOD IDEA
nice setup brother same from here
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Very nice! Bullish movement is quite likely. I have tried here to give a tip or two for entry technique and stop placement :)

DiNapoli analysis on bullish EURUSD for coming week!


Have a Great weekend!
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You don't have to be an economist to know the most important dates coming up and why you should pay attention to what world leaders decide to do to their currencies.Here they are: G20-Feb26-27, ECB-Mar.10, BOJ- Mar15, FOMC- Mar16.And yes,support and resistance does work and so do trend lines."Cueing off Support and Resistance Levels,by Thom Hartle (2) courtesy of HPotter is one of the most important indicators you can use.Watch volatility this year because very dramatic events are coming.
http://www.zerohedge.com/news/2016-02-20/world-red
http://www.zerohedge.com/news/2016-02-20/why-according-one-bank-massive-central-bank-intervention-imminent
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I am leaning more towards a short...But we will see. Here's my view
Short EURUSD
Good luck.
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Fibtree 2sexy
This is also a real possibility, in my opinion, thats why I would not jump in long right at market open :) Your scenario also shows my assumption that a downmove would not be slowed by further Fib levels and could go right to a retest of the old Trendline you show.
One very important aspect is that a drop to this area and this Trend line woud effectively clear out the stops below the chart area to the left(under the big thrust) and would also retrace this thrust, that has undoubtly attracted a lot of retail longs.
If I were a dealing Desk I would not want them in my book when we move above 1.15 in the next time... In fact I will go so far today and say that we wont see sustained (long term) upmove before this area has been cleared ;)
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Yes, can't wait to see as well:)
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Fibtree 2sexy
Hey friend, seems like you nailed it, watch 1.093 closely and secure your profit when we reach it :)
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2sexy Fibtree
Thanks, and yes I am watching it closely.
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you won, finally :)
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glad we're sharing a similar view on EU

snapshot
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Descending triangle broken, heading for wave 4, then wave 5 for completion of pattern,
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PortRoyal PortRoyal
snapshot
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Adriese PRO PortRoyal
Nice Chart thanks :)
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Looking forward to webinar, will be my first and have a lot to learn so thank you Sir.
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Yes, me too can't wait :)
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Hi Anil, this expected move up looks like it's the 5th Wave of the C up correction. Is it possible that the EURO will get hammered down even more given the mess that the EUROZONE is in. I don't look at fundamentals anymore. I'm just wondering if your approach is to wait to get to the end of the C wave and see if an inter-connecting X begins, followed by another new 1-2-3-4-5 move down?
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Thanks Anil.
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hey guys
whats your initial T.P. on this :)
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when will webinar start?
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thanks for the update....very informative webminar....thxs again

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Thanks
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hello Anil, will you short when it closes below 1.10 then?if yes, where s ur TP?
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No, i am not looking for short unless we break the trend line
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where would be placed SL and TP?
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EurUsd Update #2 : 27 Feb. 2016 (Another one)
we have the same idea
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good one Mr.Mangal !! I concur with your new update !!
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I like the daily view update. Was seeing the same thing. Lets see how it develops next week :-)
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