FX:EURUSD   Euro Fx/U.S. Dollar
11313 76 217
a year ago
The EURUSD             is breaking but to confirm the upside continuation I am wait for a correction before I buy.
The big question -Is this an impulsive move for the C wave up or a correction for one more down leg.

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a year ago
Comment: 4 hr update
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a year ago
Comment: THE POWER OF THE WAVES!!!
a year ago
Comment: Recording of today' s webinar, I show my real account and how i double it in 8 months . 90 K to 191 K
a year ago
Comment: http://www.youtube.com/watch?v=hINNoIJ8RIs
a year ago
Comment: EURUSD has completed the first impulse and is now in the correction phase ,the question now is, what would the next impulse look like ? the yellow or the pink?
a year ago
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ASt0tle PRO
a year ago
Thanks Anil!
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is it a quiz, maybe more corrective as on the pink
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eskgroup
a year ago
Reminder: ECB is expected to announce further QE this week...or are you expecting Super Mario will surprise?
+1 Reply
Kadhijah
a year ago
down is end..?
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tupaitrader Kadhijah
a year ago
look at the divergence on MACD 4c.....maybe the trend weakened.....just my opinion....anil is a great teacher...
im waiting for next clue before buy...hoho good luck!
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Bought 50% of 4H range expansion, and still holding .
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anilmangal TOP moorekapital
a year ago
I have no idea what you mean by range expansion , but thanks for sharing !
+8 Reply
moorekapital PRO anilmangal
a year ago
;)
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moorekapital PRO moorekapital
a year ago
EURUSD: DB MAJOR TREND REVERSAL?
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nezyrinfx moorekapital
a year ago
moorekapital, i have price somewhere 1.0490 - 1.0508.
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moorekapital PRO nezyrinfx
a year ago
Same story. Tis more of a zone than a price ;)
+1 Reply
ChetanFX
a year ago
Looks like it could be a Drgaghi's surprise or no hike from FED.
+2 Reply
Josphat89
a year ago
Thanks so much. You are so informative. A retest or correction to an extent forms the basis of the entry. It forms equilibrium. Am i right?
+2 Reply
ZARO00
a year ago
EURUSD, bullish trend


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tupaitrader
a year ago
im waiting for the reversal too....great analysis anil...thanks!!
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Cazzie
a year ago
Very colourful screen Anil.
Lets hope the end of this month is just as colourful. :)
+2 Reply
Tokiz
a year ago
Anil, why do you always wait for a correction after the breakout? Aren't you a little bit late to "enter" then? Or do you use it as some sort of confirmation?
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anilmangal TOP Tokiz
a year ago
It all about wave patterns
+5 Reply
bekirdur PRO
a year ago
Draghi wouldn't enjoy the yellow move, he would enjoy the pink move better :)))
+2 Reply
Scloneh
a year ago
Hi Anil, is this structure possible??
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anilmangal TOP Scloneh
a year ago
maybe
+1 Reply
Scloneh Scloneh
a year ago
Cuz I don't think this upside run looks like a impulsive wave
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anilmangal TOP Scloneh
a year ago
the whole up move could be corrective
+3 Reply
nezyrinfx anilmangal
a year ago
i would agree on the corrective move maybe towards 1.10 handle before making a move down to 1.02xx
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nezyrinfx Scloneh
a year ago
if you see on the daily candle, it's forming somewhat a bullish engulf and to me that is a valid bull move.
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Scloneh Scloneh
a year ago
snapshot
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Henrik93
a year ago
Thank you a lot Anil! This post help me a lot.
+1 Reply
compdude PRO
a year ago
Great one as always Anil!
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AdamFx42
a year ago
I'm with you on this!
Looking for double bottom in EurUsd
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johan.verm
a year ago
Good analyse Anil ,as usual....Thanks for the likes.....Have a nice (trading) day......
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tombom1953
a year ago
I think Stochastic often is one of the best divergence indicators. And in the 4 h chart for EURUSD between nov. 25 and dec.1 there was a clear negative divergence between Stochastic and price. So I think the pricejump today from about 1.0631 to 1.0590 was expected. Now i´s a fib correlation to 38 50 or 61,8 levels in the short perspective. In Gold that has a good correlation with EURUSD the same negative divergence between Stoch. and price also occoured.
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I think its gonna be like the pink one :)
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bekirdur PRO
a year ago
Neither buys nor sells are strong enough to start a powerful trend. So I vote for Pink ! :)
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KVE PRO
a year ago
Thanks for the update!
EUR/USD: did it break or not, watching this closely...
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oubba37
a year ago
thanks MR Anil
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Peter_238
a year ago
thanks Anil..
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bekirdur PRO
a year ago
Wow what a break :) Thanks Anil
+4 Reply
ZheniaNasonov
a year ago
Anil seems to be so passionate and skilled, i want to become such a trader one day.
+1 Reply
anilmangal TOP ZheniaNasonov
a year ago
you can ,just join our group!
+1 Reply
albertos
a year ago
Perfect
+1 Reply
SolidSnake
a year ago
hahaha JUST EPIC today's Euro movement... will make people rethink! and Goldma sachs head of fx planning bloody fired!
+1 Reply
TRDVMA PRO
a year ago
Good catch.
+1 Reply
bekirdur PRO
a year ago
Anyone expected such a sharp move? Anil, If this impulse is so strong, what should we expected for the upcoming waves?
+3 Reply
anilmangal TOP bekirdur
a year ago
C wave up! watch the yellow candels
+2 Reply
Cazzie
a year ago
Maybe after the Friday's Mover, shaker session
You could do a U-Tube webinar Anil.
They are so Informative and everyone will be able to view them with ease.
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johan.verm
a year ago
Great!!
+1 Reply
zabcun PRO
a year ago
BIG respect Anil, haven't seen here a better trader than you, great charts, great analysis , THANK YOU
+1 Reply
joined the jump as soon as Draghi announces no additional QE. around 1.0730. off loaded all this morning (asia session) waiting for NFP now. :-)
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masumhussain
a year ago
This is why Anil in my view is the best trader on tradingview. While everyone was saying short, he was the only one who had the same view as me of going long on this pair. Keep it up Anil!
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bekirdur PRO
a year ago
Anil, do you think that short term correction is about to finish? Thanks a lot...
+1 Reply
bekirdur PRO
a year ago
Anil, to me, this one started to look like a Wave 4 instead of a C wave. Do you have any updates on this parity?
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anilmangal TOP bekirdur
a year ago
It cannot be a wave 4. Maybe an X wave
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ikarus anilmangal
a year ago
I´m very impressed of how you succeed to make this prognosis. After the dip to about 1,0520 I also thought that EURUSD had to go up a bit, but not at all so much that you showed in your chart. I saw divergences in some indicators and also that it was a big probability that the big indeces, Dow Jones, Nasdaq, S&P 500 and DAX 30 should do a retracement. XAUUSD (Gold), and EURUSD are negatively correlated to the mentioned stockindeces. The official main reason to the rise of EURUSD according to Swedish newspapers (I´m from Sweden) is that ECB did not increase the support buying from 60 billions per month and the private investors became disappointed.
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anilmangal TOP ikarus
a year ago
I don't trade the new, I don't use indicators and there are no such things as correlation in the market for me. So as you see we have different ways of trading but thank you for sharing your views. You are welcome to do so anytime.
+6 Reply
Mr. Anil, could you post your eurusd wave count? thanks in advance :)
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Gekko.uk
a year ago
WAVE POWERRRRRRRR
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bekirdur PRO
a year ago
Anil, can we assume this as the higher level wave count?
My wave count on EURUSD
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anilmangal TOP bekirdur
a year ago
not how I count it
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bekirdur PRO anilmangal
a year ago
Thanks a lot. Do you suggest an invalidation level for your wave count? Or should we just wait and see :)
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Scloneh bekirdur
a year ago
I have a count like yours, and it can be valid because the US rate decision of today that supposed to mean a strong dollar, but the problem is that the price already paid that rate many weeks ago and that open the probability of a rally to the upside against the Dollar, and the count can be something like my "alt count"(second chart)
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bekirdur PRO Scloneh
a year ago
Thanks. These two cannot exist at the same time as you know :) What I do not know is, can wave 2 go above wave 1? anyone to clear that out for me? I am new to this method :)
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Scloneh bekirdur
a year ago
Nope, it can't, look for Pretcher Elliott wave book, it's free
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bekirdur PRO Scloneh
a year ago
That is also logical to me. But I see a lot of charts where corrective wave goes above the previous impulse wave...
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bekirdur PRO Scloneh
a year ago
So your second chart is probably invalid because wave 2 in that chart is passing the highest point of wave 1... right?
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Scloneh bekirdur
a year ago
OHH!! I see your point, but 2 ist'n passing wave 1, what is passing the wave 1 is wave b of a flat correction, and is very common in forex markets, look for expanded flats, is one of the basics patterns.
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bekirdur PRO Scloneh
a year ago
please share an article with me, cos i couldnt find anything. also, isnt that flat part of wave 2? do we have corrections between waves or within waves?
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Scloneh bekirdur
a year ago
Sure, sing up in http://www.elliottwave.com/ and there is many free resources, Elliott Wave Principle Online Edition, How the Wave Principle Can Improve Your Trading etc. etc. etc.
+1 Reply
Corrective wave more probable, pink path.
+2 Reply
Kadhijah
a year ago
look for yellow, it's my favorite color :)
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bekirdur PRO Kadhijah
a year ago
Yellow trend is still commencing. It may happen really, I am also watching that path. If it happens, I will send a box of chocolate to Anil ! :)
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Piet.Hein
a year ago
I would like to see a yellow :P
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Piet.Hein Piet.Hein
a year ago
like a sunshine
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fxmillions
11 months ago
Hi Anil, Thanks for your foresight. I wouldn't have spotted this otherwise.

EURUSD - Possible triangle completion with a Bat confirmation.
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peterdcharlebois PRO fxmillions
11 months ago
Hi fxmillions... I see you are counting this pull back as a wave 4 triangle. It may be a wave 4 however if your triangle count is based on Prechter's EW there seems to me to be something you have overlooked. Your circled wave B should not be higher then the termination of what would have been wave 3 from the impulse move up (not marked). If you like I will find a chart with a representation of a more standard triangle wave 4 count and post if you are interested. Let me know. My count is below and it is not yet validated either..... It will be if the wave three up, breaks the downward sloping trend-line without going lower than 1.07
+2 Reply
fxmillions peterdcharlebois
11 months ago
Yep, your'e right. The triangle was not a triangle in the end :)
I have changed my count soon after it broke low. Please show me what your analysis is. It will be nice to learn something new and/or correct my understanding of wave counting. Thanks for your comments.
EU more downside left. Watching the price : 1.0730
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Hi Anil. I think your analysiss are pretty spot on. I'm new to this platform but a long-time EW guy. Here's my view on this right now. I will join your webinars soon. I'm not too happy about the pull back at the trend line so we will see if it carries through.
EUR/USD may be ready to resume upward move in a large wave C
+1 Reply
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